————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Dollar index is trading lower this morning at the lows of the new bear price channel, the lows of the range from Friday, and below the ‘reversal-zone’ we defined last week with the bull price channel. All these signs point to a bearish dollar […]
Continue reading—————————————————————————————————————– Have you seen our Fully-Automated Trading System yet? Don’t miss this opportunity. See how Crude Oil Futures automated trading did today. See how the Russell , E-mini ES, and Euro Futures Automated trading have done this week. —————————————————————————————————————– 745am EST We begin with our EMOTIONAL prep on an OPEX Friday, making sure we […]
Continue readingHi Guys, Our automated trading strategy got long on the Crude Oil Futures chart posted below, and when I saw this entry I knew we were going to keep dropping into the PHOD and the range below us, so I took the profit MANUALLY. First, here is the chart I use with all the indicators, […]
Continue readingDisclaimer ———————————————- SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and Options trading […]
Continue readingScale-into a trade: – Double-down in poker – Dollar-cost average – I am adding to my position as the price goes against my position. – Example: o I’m short crude oil futures from 90.00 and when price hits 91.00 I sell another contract, at 92.00 I sell another contract, in the hopes that when it […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Dollar index trading in the same spot as earlier this week, in the middle of a narrow trading range, inside the reversal zone from the previous break of the bull price channel. We want to wait for the dollar index to move higher or […]
Continue reading930am EST Russell futures are trading in the middle of the bear price channel and just above the lows of Wednesday trading range. We want to sell the new lower-lows below the PLOD 688.9 and cover that short at the target of 676.8 If price moves higher and holds support at the PLOD we will […]
Continue readingOur automated trading system keeps making profit on any market we chose. Let’s take a look at the Euro currency futures You can see the Euro is having a great month: – 1 contract – $19,000 profit – $6,333 / month average – 90 days – Less than 1 trade per day – No over-trading, […]
Continue readingHi Guys, Another great day of trading and we’re in the Russell Futures short right now after using our Lunch Prep to find some easy trading opportunities. I entered short on the TF Mini-Russell after watching the price move into, above, and then below the ‘zone’ we defined in our live trade room together this […]
Continue readingCrude oil futures: We have broken the lows of the bull price channel so we use the ‘price channel break’ price structure to plan our attack this afternoon. If price moves higher we buy above 85.31 which is above the highs of the ‘reversal-zone’ on the price channel break structure. We will also buy above […]
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