820am est – We’re waiting for nonfarm payrolls to come out at 830am – We’re reminded that this news event can REALLY be volatile, so sometimes its best to sit on hands up to 15 mins after the news to make sure we don’t trade with the price action too whippy. – The dollar index […]
Continue reading***Economic Data*** – (EU) EU Conservative leaders meet in Finland on Debt Crisis; includes German Chancellor Merkel – (BR) Brazil Feb IBGE Inflation IPCA M/M: 0.8% v 0.8%e; Y/Y: 6.0% v 6.0%e – (RU) Russia Feb Consumer Prices M/M: 0.8% v 0.9%e; Y/Y: 9.5% v 9.7%e; CPI YTD: 3.2 v 3.3%e – (RU) Russia Feb […]
Continue readingTrailing Stops & Trigger Lines o As a new trader these trailing stops make all perfect sense….as the trade moves, the stop moves with it to lock in profit and lock OUT the risk o The idea is simple, but the execution of a trailing stop is very tough to use effectively. o The only […]
Continue reading‘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 Non Farm […]
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Continue reading825am EST – The dollar index is trading up and down and sideways this morning – This is causing the rest of the markets to follow as well – Narrow trading ranges on the dollar = the same for other markets 830am est – Jobless and continuing claims come out lower than expected – […]
Continue reading– Next week we add the Euro and the Russell to our trade room. – Calling live trades on both ADV and FT methods on 4 markets: Crude, Gold, Euro, Russell – Trading the FDAX: use the same charts as I do for other markets – Floor Traders: pure price action traders, and many of […]
Continue reading‘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 Jobless Claims […]
Continue readingClick Here To Review Our Automated Trading Results From This Morning 830am EST – 815am news from ADP came out higher than expected. – A positive number is dollar bullish, so we will wait and see how the market reacts to this ADP Jobs report this morning. – The markets are still a little quiet […]
Continue readingWe had a very profitable day in our trade room this morning, but we’re not done yet. We have an automated trading system running in the background, making money for us while we day trade. This auto trader comes with our advanced membership, and it averages $1500/mo/contract and can handle over 100 different markets and […]
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