September 29, 2011
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Mini Russell Futures; Here’s a classic example of an Inside Day, Price Wedge, and a Wave Long Failure
Price moves to the highs of this price wedge with a simple wave pattern long. You won’t take the wave long because you would be buying into the highs, so you mark the swing low (conveniently below the BMT) and then when price breaks the swing low momentum is falling and we jump in short. […]
Continue reading September 29, 2011
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Trade the News Market Internals Update at 12:00ET
Dow +155 S&P +10 NASDAQ -3 ***Economic Data*** – (BR) Brazil Aug Central Govt Budget (BRL): no est v 11.2B prior – (BR) Brazil Sept FGV Inflation IGP-M M/M: 0.7% v 0.6%e; Y/Y: 7.6% v 7.5%e – (IR) Ireland Sept Consumer Confidence: 53.3 v 55.8 prior – (CL) Chile Aug Industrial Production Y/Y: 1.7% v […]
Continue reading September 29, 2011
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Best way to send Joseph your trading results
Best way to send Joseph your trading results. This is perfect for anyone who needs help being held accountable for following entry/exit rules, as well as learning when to take the best patterns. Day #1 you join as a new member. – Set up your charts using our indicators, etc o Full time support team […]
Continue reading September 29, 2011
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Jobless Claims ready to give day traders opportunity this morning
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil Futures trade in the middle of Wednesday’s Range; Inside day, waiting for price to move higher or lower to the extremes. – Gold Futures trading in the middle of Wednesday’s Range; Inside day, waiting for price to move higher or lower to […]
Continue reading September 28, 2011
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Mini Russell Price Channel helps me find the highest percentage trades
815am est Euro futures are trying to break out of the range from Tuesday so we begin here first this morning. Euro futures have three clues for us today: – Inside Day transition – Bull Price Channel – Bull Price Wedge Inside day transition means that buyers pushed price above the PHOD and it FAILED […]
Continue reading September 28, 2011
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Double-Bottom on Crude Oil sets up for an easy short trade
Hi Guys! Remember this trade from this morning? we know this thing is going to drop quickly so dont miss this opportunity to catch this move down! Members, use your Advanced Price Structures to anticipate WHERE this reversal will take place, and then use your entry techniques to grab this thing short. Dont forget targets […]
Continue reading September 28, 2011
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Trigger Zone for Wave & 2-Step Patterns Now Online
Hi Guys, We had a great members-training this afternoon, and as promised, I’ve added all the notes, example, snapshots, and settings to the download section of your membership materials. I will be adding this into our daily trading routine to help everyone learn by doing along with me each day in our live trade room. […]
Continue reading September 28, 2011
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Trade the News Market Internals Update at 12:00ET
Dow +18 S&P -2 NASDAQ -7.8 ***Economic Data*** – (GE) Germany Sept Preliminary Consumer Price Index M/M: +0.1% v -0.1%e; Y/Y: 2.6% v 2.4%e – (GE) Germany Sept Preliminary CPI EU Harmonized M/M: +0.1% v -0.1%e; Y/Y: 2.8% v 2.4%e – (US) MBA Mortgage Applications w/e Sept 23rd: 9.3% v 0.6% prior – (GE) Germany […]
Continue reading September 28, 2011
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Day Traders look for Durables goods data will offer the complete view of the August manufacturing sector
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil trading sideways, inside the range from Tuesday, and within our sell-zone from yesterday. Inside day and looking for a reversal back down into the bear channel below us. – Gold Futures trading sideways, inside the range from Tuesday, and forming a price […]
Continue reading September 27, 2011
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Didn’t they listen to me this morning? Price Wedge day trading earns over 180 ticks
The first thing I do this morning is try to identify the market that is moving the best today. I want consistent price action, lots of speed, lots of BIG money in the market, and lots of trading opportunities, so which markets do I chose first? I want to start with a market that is […]
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