Well…that was way too easy day trading crude oil

Open your 89-range chart on Crude Oil this morning and you see the following: – Dropped below the bullish channel from last week, but price has made a higher low, which gives us a clue that price will likely get back into this bullish channel. – With the news overnight about Osama Bin Laden, and […]

Trade the News Market Internals Update

**Looking Ahead*** – (CA) Federal election today in Canada. – 11:00 (US) Fed to Purchase $6-8B in Notes/Bonds – 11:30 (US) Treasury to sell $29B in 3-Month and $27B in 6-month Bills – 11:15 (EU) ECB’s Constancio speaks at EU Parliament Panel in Brussels – 12:00 (IT) Italy Apr New Car Registrations Y/Y: No est […]

Don’t Lose your Focus during CHOP & Live Fast Track Trading

Best ways to spend your time during slow market action. Today was good example: We had speed at 900am Speed slows down at 10am Speed picks up at 1130am What do we do during that 60-120 minutes of waiting? 3 things I want to do to spend my time wisely: Learn your patterns: Use the trade […]

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 9:00 Crude Oil […]

This was worth the wait day trading crude oil futures

Click Here To Review Our Automated Trading Results From This Morning 815am est Reviewing Gold Futures today we being on the 89 range chart: – Strong Bullish Trend – Sideways range from 38.7 down to 24.7 – Larger sideways range from 38.7 down to 03.2 – We see major support from a swing high at […]

Automated Trading Strategies and Software Review

It’s about that time of the week, let’s review the automated trading system results for the week as well as our long term results. Its no surprise this was a tough week for ALL the markets, no matter what you were trading, but lets not forget the big picture…long term results. There were no trades […]

Trade The News Market Internals Update

**Looking Ahead*** – (CO) Colombia Central Bank Interest rate Decision: Expected to raise the Overnight Lending Rate by 25bps to 3.75% – (MX) Mexico Mar YTD Budget Balance: No est v €11.3B prior – 11:00 (US) Fed to purchase $5-7B in Notes/Bonds – 12:00 (CO) Colombia Mar Urban Unemployment Rate: 12.3%e v 13.2% prior – […]

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. Options Expiration Friday (OPEX) 8:20 Gold & Currencies […]

While the Cat’s away the Mice will Play

820am est Lets review the 89range chart on Gold Futures: – Bullish Price Channel, we are at the highs – Sideways Range in the white box below us – Another range inside this trading range, also defined in the white box Now that we know the best areas, we now use the 34range to zoom […]

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