October 14, 2011
- in Uncategorized by schooloftrade
Retails Sales Expected to Move Markets Early this morning, G20 Summit Begins
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – crude oil futures trading inside the range from Thursday, and it recently failed at the PHOD which is a strong bearish clue this morning. We are inside a price wedge with sideways ranges giving us support below and resistance overhead. If price moves higher […]
Continue reading October 13, 2011
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Crude Oil breaks Trend Line support; followed our plan for another winning day
815am EST Dollar index is trading off the lows from Wednesday and rising as of this morning. We know the 89range chart shows us plenty of room to keep moving higher, so we expect markets to keep moving lower at that same time. We are looking for selling opportunities on crude oil futures, Mini-Russell Futures, […]
Continue reading October 13, 2011
- in Uncategorized by schooloftrade
We’re having a great month!
Our Current YTD and Track Record All trades called live in our trade room according to our method. Contact our team for a full copy of this track record!
Continue reading October 13, 2011
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Mini Russell Automated Trading Strategy earns our profit goals
Hi Guys, We just wrapped up a busy day of discretionary trading with our members in our trade room, and now I wanted to see how our Auto Trader has been doing. Lets take a look at the Mini Russell Futures (TF) over the past 90 days. My goal is $1500/month/contract and we will see […]
Continue reading October 13, 2011
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Trade the News Market Internals Update at 12:00ET
Dow -105 S&P -13 NASDAQ -9 ***Economic Data*** – (IR) Ireland CPI MoM: 0.3% v 0.2% prior, YoY: 2.6% v 2.2% prior – (IC) Iceland Sept Unemployment Rate: 6.6% v 6.7% prior – (PD) Poland Sept CPI M/M: 0.1% v 0.4%e; Y/Y: 3.9% v 4.1%e – (PD) Poland Current Account: -€1.73B v -€1.4Be; Trade Balance: […]
Continue reading October 13, 2011
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Jobless Claims will give us early opportunities
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – crude oil trades outside of Wednesday’s trading range, outside day below the PLOD so sellers are in control. We have broken the recent bull price channel but we need to break major support 83.97 before we can call this a successful breakout of the […]
Continue reading October 12, 2011
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3 Clues for Day Trading Crude Oil & Mini-Russell Futures
800am EST Market personality appears to be our best friend this morning, we need some today! Very slow, not much going on at 800am EST as of this morning. 900am EST We haven’t seen much improvement in market personality in the past hour, still quite slow and the dollar index has now moved into a […]
Continue reading October 12, 2011
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Trade the News Market Internals update at 12:00ET
Dow +117 S&P +17 NASDAQ +35 ***Economic Data*** – (US) MBA Mortgage Applications w/e Oct 7th: +1.3% v -4.3% prior – (SA) South Africa Aug Manufacturing Production M/M: +7.6% v +2.3%e; Y/Y: +5.6% v -0.6%e – (CA) Canada Aug New Housing Price Index M/M: +0.1% v +0.1%e; Y/Y: +2.3 v +2.3%e – (MX) Mexico Aug […]
Continue reading October 12, 2011
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Breakout Strategies; when to TAKE it, and when to FADE it
Fade = to sell at resistance as price rises, to buy at support as price falls. · As price breaks out to new higher-highs I will look for overhead resistance and sell. · As price breaks out to new lower-lows I will look for support below and buy. Who: traders of all shapes and size, […]
Continue reading October 12, 2011
- in Uncategorized by schooloftrade
Three Fed speakers along with FOMC minutes will make a busy afternoon for Fed watchers.
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – dollar index trades lower this morning, with more room to drop on the way down. Downtrend on the dollar index means we are looking at buying opportunities at the high-percentage trades this morning, and remember, this can change quickly on the dollar index so […]
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