May 11, 2011
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Trade the News Market Internals Update 5/11/11
***Looking Ahead*** – 11:00 (US) Fed to purchase $6-8B in Notes/Bonds – 11:15 (EU) ECB’s Orphanides speaks at Brussels Finance Conference – 12:15 (US) Fed’s Lockhart speaks on U.S. Economic Outlook in Atlanta – 12:15 (GE) German Econ Min Bruederle briefs on Skills Shortages – 13:00 (US) Fed’s Kocherlakota speaks on Monetary Policy in New […]
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Morning Prep, Trade Management and the 10:30 Price Reversal
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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Day Trading Morning Prep Gold, Crude Oil, Dollar Index, Euro, E-mini Russell Futures
‘We are what we repeatedly do. Excellence, therefore, is not an act, but a habit’ – Aristotle Live Trade Room is open, come join us! Click here for helping logging into the Trade Room Let’s begin our morning routine with the economic news for today’s trading session. 8:20 Gold & Currencies OPEN 8:30 International Trade […]
Continue reading May 10, 2011
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The Price Channel made me do it….the Dollar did it first!
830am est – We’re reviewing the Gold Futures market and we see the following o Price Channel in pink trend lines o Price Wedge in Yellow trend lines below us o BMT and OPEN is below us o Trading above the PHOD o We are in a transitional area between the highs of the range […]
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Trade the News Market Internals Update
***Looking Ahead*** – 11:00 (US) Fed to purchase $5-7B in Notes/Bonds – 11:30 (US) Treasury to sell 4-Week Bills – 12:45 (US) Fed’s Lacker speaks on Economic Outlook in Arlington, VA – 13:00 (US) Treasury to sell $32B in 3-Year Notes – 16:30 (US) API Energy Inventories – 22:00 (CH) China Apr Consumer Price Index […]
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Different PHOD and PLOD Levels on Monday Morning
– Calculating the PHOD and PLOD on a MONDAY morning o I use 24/7 charts, no open or close of the pit, 24 hours a day o I will show the price action from the WEEKEND o I need to ignore the PHOD and PLOD on Monday o Ignore the HOD/LOD on Sunday, and use […]
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Day Trading Morning Prep Gold, Crude Oil, Dollar Index, Euro, E-mini Russell Futures
‘We are what we repeatedly do. Excellence, therefore, is not an act, but a habit’ – Aristotle Live Trade Room is open, come join us! Click here for helping logging into the Trade Room Let’s begin our morning routine with the economic news for today’s trading session. 8:20 Gold & Currencies OPEN 8:30 Import and […]
Continue reading May 9, 2011
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Dollar Gives me clues BEFORE Crude Oil Jumps to new highs
820am EST – We’re reviewing the gold futures and we begin our week on the 89range – This slower timeframe shows us the most important levels we need to focus our attention today – Price wedge, within a price wedge. The highs of the bearish channel clearly show us a wedge, inside of a wedge. […]
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Ninja Trader Charts Jamming, Performance Tips
Click here for a list of the most common ways to help your computer running Ninja Trader 7 Charts http://www.ninjatrader.com/support/helpGuides/nt7/index?performance_tips2.htm
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Help Your Fellow Trader: Q&A of the Week
Alright so you think that you have a worthy day trading question? Have you searched through your course materials and search engines but you just flat out cannot come up with an answer? Did you see something this morning in the trade room that really picked your brain? Well this is the right place to […]
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