October 26, 2011
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All eyes on the EU Leaders Summit as markets come off their highs
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Dollar index trading at the lows of the price channel, and we have a perfect price channel structure all we need is better price action. We assume this sloppy price action on the dollar index is from the EU Leaders Summit, so this may […]
Continue reading October 25, 2011
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Fade the wedge highs for easy profits on Crude Oil and Russell futures
850am EST Dollar index finally pushes off the lows above 76.400 and we are looking for selling opportunities at the highs of the ranges. 900am EST News comes out lower than expected on the CS Home Price Index and the DOLLAR INDEX appears to want to move higher, we will look to SELL on the […]
Continue reading October 25, 2011
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Automated trading makes profit easy in any market
Hi Guys, We earned over 300 ticks of profit this morning in our discretionary trading, and now its time to see how our automated trading strategies have been doing. I’m going to review a few of these this week, and remember, this auto-trader is included with our advanced membership. Euro currency futures: The Euro has […]
Continue reading October 25, 2011
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Trade the News Market Internals Update at 12:00ET
Dow -109 S&P -15 NASDAQ -31 ***Economic Data*** – (SP) Spain Sept YTD Budget Balance: No est v -€30.9B prior – (IR) Ireland Sept Property Prices M/M: -1.5% v -1.6% prior; Y/Y: -14.3% v -13.9% prior – (US) ICSC/GS weekly chain store sales w/e Oct 22nd: -0.8 % w/w; +2.4% y/y – (HU) Hungary Central […]
Continue reading October 25, 2011
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Traders looking for Consumer Confidence to spark new trading opportunities
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Dollar index is bearish this morning, which tells us to keep buying pullback on the markets we trade such as crude oil futures, Russell, Euro, and gold. We know the dollar index is at the lows of the bear price channel which means it […]
Continue reading October 25, 2011
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Help your day trading computer performance with these tips; Ninja Trader Performance
The following tips can help improve your computer’s performance and help make your computer run faster. The examples in this article are for Windows 7, Windows Vista, and Windows XP. However, these procedures work for all versions of the Windows operating system, with some slight variations from version to version. Click Here for 6 Tips […]
Continue reading October 24, 2011
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Started our week with a BANG! Day Trading Crude oil & Russell Futures
My goal on a Monday is NOT to jump into trades, but to get back into the rhythm of my day, start doing the little things that will prepare me for the BIG trades later on this morning. Let’s get into our rhythm with the morning routine we always use. Members, log into your Advanced […]
Continue reading October 24, 2011
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day traders waiting for Trichet to stop hogging the stage!
here’s our afternoon prep. we had an amazing day this morning, price action is sloppy now, but we have some strong clues for the next few hours. Crude oil futures: Sell the highs of this price channel, follow the plan from earlier this morning. Look to take profit at the PHOD or the trend line […]
Continue reading October 24, 2011
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Trade the News Market Internals Update at 12:00ET
Dow +72 S&P +12.7 NASDAQ +51 ***Economic Data*** – (TU) Turkey Oct Capacity Utilization: % v 76.0%e; Industrial Confidence: v 112.4 prior – (US) Sept Chicago Fed National Activity Index:-0.22 v -0.21e – (EU) ECB completed €4.5B in weekly settlements vs. €2.2B prior in its Gov’t bond Buying program (SMP); To drain €169.5B in next […]
Continue reading October 24, 2011
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AB = CD Pattern and ‘Reversal Zone’ are easy ways to profit
AB = CD & Reversal Zone: Step 1: start with a swing high or low Step 2: wait for the next swing high/low and then use your fib retracement tool This will now give you the ‘‘reversal-zone’ for the ‘C’ point on this move. – You could use a ‘slingshot pattern’ to buy at ‘B’ […]
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