April 6, 2011
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Fake-out breakouts, don’t let this happen to you.
Head Fakes / Fake-out Breakouts and how to avoid getting hurt by them o Use a slower timeframe to find the highs and the lows that you want to trade with. o Mark the highs and the lows, and then we wait patiently for price to come to us. o Once we get to that […]
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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 9:00 Crude Oil […]
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Overnight Margins for futures markets we trade most
– Here are current overnight margins for the GC, 6E, CL & TF: – – GC $6,751 – CL $6,750 – 6E $4,320 – TF $2,900
Continue reading April 5, 2011
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Trading Sideways markets on Gold and Crude Oil Futures
Live Trade Room Notes 04-05-11 – We see 10am news this morning and we know traders will be hitting the exits early as they wait for the FOMC Meeting minutes at 2pm today – Look for good speed and volume before the 10am news, and then watching for the speed to drop around 1030am 830am […]
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Trade the News Market Internals update
***Looking Ahead*** – 11:00 (US) Fed to purchase $6.5-8.5B in Notes/Bonds – 11:30 (US) Treasury to sell 4-Week and $24B in 12-month Bills – 12:00 (GE) German Chancellor Merkel attends German WWII Refugees Event – 12:30 (IT) ECB Draghi Holds Press conference on financial stability – 12:45 (US) Fed’s Kocherlakota gives Welcome Remarks in Minneapolis […]
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Can we trade the E-mini ES with this day trading strategy?
How do we trade the e-mini ES with this method? – Can we trade it? Yes. – Is it different? Kinda. o ES = HIGH VOLUME o Tape reading is different o Pace of Tape Indicator is different o Trade Management is different – Anything similar? o Same patterns o Same entry rules o Same […]
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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 9:00 Crude Oil […]
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adding and removing bracket orders in Ninja Trader 7
Hi guys, this is straight from the great team @ NTSupport You can cancel the bracket orders by clicking on one of the red ‘x’ associated with the open order. The brackets should be linked with the ‘OCO’ feature so cancelling one will cancel the corresponding order/bracket. Just repeat the above steps to reestablish the […]
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trading breakouts with brackets using chart trader
For an entry on a breakout/breakdown approach by: Right click in the SuperDOM and select the menu “OCO Order” to enable this function For your first order, select the desired option from the “ATM Strategy” drop down list Submit your stop order to buy above the market For your second order, select the desired option […]
Continue reading April 4, 2011
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Do NOT miss this high % day trade pattern next time!
800am est – We open the 89range chart on crude oil futures and we see the following: o Bullish price channel in orange trend lines, we are in the middle o We also see a major price wedge in pink trend lines, and we have just broken the highs of the wedge, and possibly looking […]
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