March 22, 2011
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Price Wedge was the highest percentage day trade we saw Gold and Crude Oil
Click Here To Review Our Automated Trading Results From This Morning 815am est – The dollar has been dropping overnight, but now sitting on support – We need to see where the dollar goes from here to give us clues for direction on gold, crude, euro, etc. 825am est – We see the last news […]
Continue reading March 22, 2011
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Automated Trading System Strategy Review Mini Russell and Gold
Here’s an update on the automated trading system from Monday. Last time we checked we were waiting for Gold to take profit and the Russell was flat. Lets see if Gold made that final target we spoke about on Monday… You can see this automated trading strategy got short @ 1431.7 and took a nice […]
Continue reading March 22, 2011
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Market Internals update at 12:00ET
***Looking Ahead*** – 11:00 (US) Fed to purchase $6.5-8.5B in Notes/Bonds – 11:30 (US) Treasury to sell 4-Week Bills – 16:30 (US) Weekly API Energy Inventories 10:30 AM Market Internals update at 10:30ET – NYSE volume 180M shares, about 15% below its three-month average; advancers lead decliners by 1.1:1. – NASDAQ volume 370M shares, about […]
Continue reading March 22, 2011
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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 […]
Continue reading March 21, 2011
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Price Drops…Buyer first, Selling second day trading crude oil futures
Click Here To Review Our Automated Trading Results From This Morning 800am est – Crude oil shows a large wedge pattern on the 34range chart – We have a massive sideways range from 104.14 down to 101.00 – We also have a narrow sideways range from 14014 down 103.25 – We’re at the highs of […]
Continue reading March 21, 2011
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Ninja Trader 64-bit version
Hi guys, we were asking if the new NT7 64 bit version was ready to be used as of today’s date (March 21, 2011) and here was the reply from support: NinjaTrader 64 bit is operational however some connectivity providers are not supported with the 64 bit version. If this is the case for your […]
Continue reading March 21, 2011
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Automated Trading System Strategy Review Gold Futures
The only trade I have to report this morning is the short on Gold…as you can see I’m in short from 31.7 and looking to take profit at 1420.2. This will add another $1600 to my results for the week and I will post those later today. Ive already netted $1700usd this month per contract […]
Continue reading March 21, 2011
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Market Internals Update
***Looking Ahead*** – 11:00 (EU) EU General Affairs Ministers Meet to Prepare Summit – 11:00 (US) Fed to purchase $1.5-2.5B in Notes/Bonds – 11:30 (US) Treasury to s $32B in 3-Month and $30B in 6-month Bills – 13:00 (EU) EU-27 Finance chiefs meet on Permanent Rescue Facility 10:30 AM Market Internals update at 10:30ET – […]
Continue reading March 21, 2011
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Tape Reading Strategy for New Day Traders to Practice
Bracketing the time and sales window Tools I need: – Time and sales window, not filtered, real time data – Notepad – Stopwatch (second hand on the clock) What to do: – Watch my time and sales window for 20 second (could be 30 or 45 secs) – Make note of the HIGHEST price I […]
Continue reading March 21, 2011
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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 Fed Activity […]
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