Category Archives for "Uncategorized"

June 27, 2011

Double-Tops & Double-Bottoms

What are they?  Double-Top:  when buyers fail to break new highs twice.  The first test completely fails, and then we try a second test that also fails. Double bottom:  when the sellers try and fail, and then try a second time and fail again. How to find them? Look for the candlestick WICKS to be […]

Continue reading

Crude Oil Looks for Clues as Gold tests the Lows of its range ahead of a busy week for day traders around the Globe

Rumors are flying this morning about the value of commodities, giving traders plenty of opportunity to trade this week. Not much more than talking heads over the weekend talking about the lack of supply on crude oil, possible releases of more reserves by the IEA, and Gold is looking quite vulnerable at the lows with […]

Continue reading
June 24, 2011

Automated Trading Strategies Review

Hi guys, it’s that time of the week again, let’s take a moment to review our results on our fully-automated trading system, which comes with our Advanced Membership. Let’s start with the worst earner of the group…Gold Futures. I’m going to take a look at 2 different scenarios…the long term…and the short term…and you can […]

Continue reading
June 24, 2011

Trade the News Market Internals Update

***Looking Ahead*** – 11:00 (US) Fed to purchase $4-5B in Notes/Bonds – 15:00 (AR) Argentina Apr Economic Activity Index M/M: No est v 0.5% prior; Y/Y: 7.6%e v 7.8% prior 10:31 AM Market Internals update at 10:30ET – NYSE volume 170M shares, about 9% below its three-month average; decliners lead advancers by 2.2:1. – NASDAQ […]

Continue reading
June 24, 2011

IEA ‘Oil Release’ a Direct Shot at OPEC?

June 24 (Bloomberg) — Gianna Bern, president of Brookshire Adivsory and Research Inc., talks about the International Energy Agency’s decision to release emergency crude stockplies and the outlook for oil prices. Bern speaks with Deirdre Bolton on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg) Continue Reading this Article Here >>>

Continue reading
June 24, 2011

Market Personality Helps Me Identify the Best Trades

Market Personality: –          Size of the orders –          Speed of the orders –          Are we making new highs?, new lows? –          Are we trading in a sideways range? –          Double-tops and bottoms? –          Is the price ‘following through’ on its moves –          Are we seeing breakouts? –          Are we seeing fake-out breakouts? –          Bullish:  high […]

Continue reading
June 23, 2011

Don’t let Crude Oil fool you, buy support after the big drop

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