Dow +266 S&P +28 NASDAQ +57 ***Economic Data*** – (SP) Spain Aug YTD Budget Balance: No est v €-22.75B prior – (BR) Brazil Sept FGV Consumer Confidence: 114.7 v 118.7 prior – (BR) Brazil Sept FGV Construction Costs M/M: 0.1% v 0.1%e – (US) ICSC/GS weekly chain store sales w/e Sep 24th: -0.2% w/w; +2.7% […]
Continue reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Crude Oil Futures transition at the highs of Monday’s trading range. Buying pullbacks above 82.24, selling off below 81.54 – Gold is bullish above Monday’s Highs, buying pullbacks above 1651.0, Outside Day – Euro Futures trading inside Monday’s Range, Selling at 1.3563 resistance, if […]
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 readingDow +115 S&P +5.7 NASDAQ -6.4 ***Economic Data*** – (TU) Turkey Sept Industrial Confidence: 112.4 v 109.8 prior; Capacity Utilization: 76.2% v 75.8%ev 76.1% prior – (US) Aug Chicago Fed National Activity Index: -0.43 v -0.40e – (MX) Mexico Aug Preliminary Trade Balance: -$806M v -$870Me – (US) Aug New Home Sales: 295K v 294Ke […]
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 reading————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Gold Trades at the lows of Friday’s range after a big move below it failed; outside day turned inside day, buy the re-entry inside the previous day’s range as a bullish clue – Crude Oil trading inside the middle of Friday’s range. Trade inside […]
Continue readingToday’s a Friday without any major scheduled news, so we know that today will be all about capitalizing on the opportunities we see in the time we have. Expect price action to be slow after 11am, and without any major news, we can expect there to be periods of good price action, and poor price […]
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 readingYou could take 30 trades and not be over-trading. You could take 3 trades and be over-trading. “when you are taking trades that do not use market personality and your trading plan to qualify them” Example… Price makes new highs, I buy a pullback, followed my rules, it was 15th trade of the day. If […]
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