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. No Economic News scheduled for today, Monday January 24, 2011 Looking at our calendar of important news for this week we can see that we […]
Continue readingDefinition.. -The Conference Board compiles a survey of consumer attitudes on present economic conditions and expectations of future conditions. Five thousand consumers across the country are surveyed each month. While the level of consumer confidence is associated with consumer spending, the two do not move in tandem each and every month.- The pattern in […]
Continue readingDefinition.. -The S&P/Case-Shiller home price index tracks monthly changes in the value of residential real estate in 20 metropolitan regions across the U.S. The composite indexes and the regional indexes are seen by the markets as measuring changes in existing home prices and are based on single-family home resales. The key composite series are for […]
Continue readingClick Here To Review Our Auto Trader Results From This Morning 825am est – We begin with the dollar index futures 34-range chart – We see the dollar trapped below the price channel and above the trend line as support – Dollar rises back up into the price channel above (looking for selling opportunities on […]
Continue readingLet’s see how our fully-automated trading system did to finish up a great week. Im seeing great results on gold futures with the auto trader, take a look at today’s results. 2 trades today on the gold, 1 loss and 1 winner. We earn 80 ticks on the winner and only costs us 30 ticks […]
Continue readingFirst Trade Loss leads to Big Day Trading Profits on Crude Oil and Gold Futures
Continue reading– Dollar Index and trading the News o All the news events for each day are posted on the blog, and listed with our morning prep. o How do we trade news reports? We don’t, we trade the REACTION to the report! o Where can I see the most important reaction? o The DOLLAR!! o […]
Continue readingLive 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 OPEN 9:30 US Market OPEN 10:30 E-mini Reversal There are no US or international news events planned […]
Continue readingClick Here To Review Our Auto Trader Results From This Morning – Members Training is posted from Wednesday – I’m working on a LOT of new videos for the Advanced Course this week, so stay tuned for more! 800am EST We begin looking at the dollar index this morning and we the narrow wedge pattern […]
Continue readingIt’s always exciting to see how our fully-automated trading system works, especially after a great day of discretionary trading. Let’s take a look at the Euro this week on the auto trader… Click To Enlarge You can see we average about 1 trade per day on the euro, which is exactly what we […]
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