Category Archives for "Uncategorized"

June 30, 2011

Why didn’t I read the morning prep? Still hit my goal..the hard way!

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 […]

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We saw this coming didn’t we? Crude back to price levels seen BEFORE the reserve release by IEA

Sam Fletcher OGJ Senior Writer HOUSTON, June 30 — Crude oil prices continued to climb June 29 with crude escalating 2% in New York, back to levels prior to the International Energy Agency’s announcement of the pending release of 60 million bbl from members’ emergency petroleum reserves. Just a week ago, IEA announced it would […]

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June 30, 2011

Trade the News Market Internals Update

***Looking Ahead*** – 11:00 (US) Fed to purchase $4-5B in Notes/Bonds – 12:00 (CO) Colombia May Urban Unemployment Rate: 11.7%e v 11.8% prior – 13:00 (US) Fed’s Hoenig speaks in Des Moines, Iowa – 15:00 (AR) Argentina May Construction Activity M/M: No est v 2.0% prior; Y/Y: No est v 9.9% prior – 15:30 (MX) […]

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June 30, 2011

Modified Fast Track Method helps transition from Demo to Live Trading

Modified Fast Track Method: The goal of the original fast track is… –          Keep it simple –          Let your trades run –          Don’t worry about losses (they will happen) –          Don’t cut your winners too early –          Don’t push your stop back let your losses run –          Be selective and always follow the rules. –          […]

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Gold & Crude Oil on the move after Greek Bailout vote passes and US Dollar Index Tumbles against the Euro

—————————————————————————————————– They finally passed the Austerity Plan Vote on Thursday which extends the debt in Greece down the road for 5 years.  Its widely unpopular across the globe, but its giving the Euro a sense of stability this morning which is pushing the US Dollar Index down, and giving Gold & Crude Oil Futures a […]

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