September 12, 2011
- in Uncategorized by schooloftrade
Price Wedges make for easy trade opportunities if we can stay patient
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— Crude Oil chops around in the middle of a major price wedge 86.00 Gold Futures look very similar, right in the middle of the range, 1845 Euro climbing off last Friday’s Lows Russell sits on major support, we look for double bottom or new lows […]
Continue reading September 11, 2011
- in Uncategorized by schooloftrade
Day Trading Computers; desktop, laptop, and my current specifications
here are some useful posts from our blog regarding Day Trading Computers (my current specs) http://www.sidewaysmarkets.com/2011/07/can-i-use-laptop-for-day-trading (laptop needs) Feel free to email me with questions about your trading computer needs
Continue reading September 9, 2011
- in Uncategorized by schooloftrade
Catch a falling market with this simple day trading strategy on Crude Oil, Gold, Russell and Euro
Mini Russell has rolled forward to the 12-11 contract. The Euro has not rolled forward yet, the volume is still higher on the 09-11. 830am est Markets are sloppy on this Friday morning, and we are staying patient, waiting for the personality to give us opportunities. Crude Oil futures are giving us three distinct price […]
Continue reading September 9, 2011
- in Uncategorized by schooloftrade
The Bears are out on Crude Oil…is it warranted?
Crude and petroleum product prices slipped lower Sept. 8 despite a bullish government report on US inventories before President Barack Obama’s speech to a joint session of Congress. Obama proposed a $447 billion jobs package he claimed would stimulate the economy without adding debt. But industry analysts and investors apparently aren’t buying into that plan. […]
Continue reading September 9, 2011
- in Uncategorized by schooloftrade
Tropical Storm may disrupt Crude Oil Supply…are you ready for this?
Tropical Storm Nate is expected to become the third hurricane of the Atlantic season today or tomorrow as it forced energy companies to evacuate platforms in the Gulf of Mexico and shut oil ports. Tropical Storm Maria is forecast to strengthen, churning through the Virgin Islands today or tomorrow, the U.S. National Hurricane Center said […]
Continue reading September 9, 2011
- in Uncategorized by schooloftrade
Trade the News US Market Update
Dow -140 S&P500 -15 Nasdaq -4 ***Economic Data*** – (PO) Portugal July Trade Balance: -€1.2B v -€1.0B prior – (RU) Russia July Trade Balance: $16.7Be v 17.4B prior – (CA) Canada Aug Net Change in Employment:-5.5K K v +21.5Ke; Unemployment Rate: 7.3% v 7.2%e – (CA) Canada Aug Housing Starts: 184.7K v 200.0Ke prior – […]
Continue reading September 9, 2011
- in Uncategorized by schooloftrade
Trade Management & Trailing Stops; how I use them correctly
Disclaimer ———————————————- 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 September 9, 2011
- in Uncategorized by schooloftrade
Traders react to Obama, Bernanke and Hurricanes
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Bottom Drops out of Crude Oil as recovery fears overcome Hurricane Fears – Gold finds resistance as traders take more profits and the Dollar rises after Obama – China inflation in line with expectations – Obama asks Congress for $447B in tax cuts, spending […]
Continue reading September 9, 2011
- in Uncategorized by schooloftrade
- |
- 1 comments
Morning Prep and Live Trade Room Handy Links
Welcome to our Live Trade Room! We will be discussing lots of very useful topics today, and you can find all the information on these topics using the links below. Please remember all of this can be found in our Advanced Course as a lifetime member. ————————————————————————————————– **Attention Members!** Use your ‘Morning Prep Worksheet’ in […]
Continue reading September 8, 2011
- in Uncategorized by schooloftrade
Day Trading Crude Oil Inventories helps hit our daily goal
How do we use the news? New trader: worry about when the news is, so we can avoid it. 5minutes before and 5 minutes after we avoid the news. Experienced Trader: we begin to trade the reaction to the news. Not predicting, reacting. Professional Trader: clues to what the news may be, and how the […]
Continue reading