***Looking Ahead*** – (UK) BOE member Weale – 11:00 (US) Fed to purchase $1-2B in TIPS – 11:30 (US) Treasury to sell 4-Week Bills – 13:00 (US) Treasury to sell $35B in 5-Year Notes – 13:30 (BR) Brazil Feb Central Gov’t Budget (BRL) 3.4Be v 14.1B prior – 15:00 (AR) Argentina Feb Shop Center Sales […]

Ninja Trader 7 Global Drawing Objects are vital for day traders

–          Global Drawing Objects: o    Who: Everyone o    What:  allows us to draw on 1 timeframe and have that same drawing tool show up on another timeframe for the same symbol o    Where:  I add them to my slower timeframe first, and then they are added to my faster timeframes automatically o    When:  draw trend […]

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 S&P/Case-Shiller home […]

Daylight Savings Time affects the markets we trade

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 […]

Market Internals update

***Economic data*** – (BR) Brazil Mar FGV Construction Costs M/M: 0.4% v 0.4%e – (HU) Hungary Central Bank (NBH) leaves Base Rate unchanged at 6.00%; As expected – (US) Feb PCE Core M/M: 0.2% v 0.2%e; Y/Y: 0.9% v 0.9%e; PCE Deflator Y/Y: 1.6% v 1.6%e – (US) Feb Personal Spending: 0.7% v 0.5%e; Personal […]

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 Personal Income […]

VERY high percentage day trade on Gold and Crude Oil Futures

Click Here To Review Our Automated Trading Results From This Morning 820am est –          The markets are pretty slow on this Friday morning –          We have 830am GDP news which we are REALLY hoping comes out higher/lower than expected –          We have 955 news on consumer sentiment, which we also know may be the sign […]

Automated Trading Software Review Gold Futures

We had a tough week of discretionary trading because of some sloppy markets finishing up the first quarter. You would expect an automated trading system would get KILLED with such sloppy price action…not so fast!   Yesterday we showed you how well Russell and Crude were doing this month of March, but what about Gold? Gold […]

Market Internals update

***Looking Ahead*** – 11:30 (EU) EU President Van Rompuy, Leterme, Poland PM Tusk speak at GMF Conference – 11:00 (US) Fed to purchase $4-6B in Notes/Bonds – 12:00 (US) Annual Revisions: Industrial Production – 12:15 (US) Fed’s Plosser speaks on monetary policy in New York – 13:00 (EU) Fed’s Fisher, EU’s Rehn, Poland Fin Min […]

Day Traders are GOOD for Gas Prices!

Questions for 11am EST –          Why are day traders NOT to blame for the higher crude oil prices? –          Why do futures markets exist in the first place? –          Designed for purposes of HEDGING –          To control the current (cash) price of commodities –          Reading the Tape –          Different Chart Types –          Drawing trend lines […]