January 18, 2011
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Automated Trading System euro, crude oil, gold and Russell futures
We had another great day for our discretionary trading in our live trade room, but lets see how our auto trader did the past few days. Euro Currency Futures The euro is one of our favorite markets and you can see by these results that we can use this on any timeframe you want. See […]
Continue reading January 18, 2011
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Day Trading Strategy for Crude Oil, Gold, Euro, Russell and Dollar Index Futures
Click Here To Review Our Auto Trader Results From This Morning 815am est – We noticed the volume on crude oil for the 02-11 contract is now slightly less than then 03-11 contract – We want to trade the contract with the MOST volume – We don’t usually see crude oil rolling forward until later […]
Continue reading January 18, 2011
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You have Custom Ninja Script Files on Your PC That Have Programming Errors
from the NinjaTrader Support Team: Please follow the instructions below to see where the errors are coming from after compiling the indicator. This will allow you to debug the indicator/strategy or remove it from your PC. If you are wondering why you receive an error when compiling only one indicator, it is because NinjaTrader compiles […]
Continue reading January 18, 2011
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Prevent Losing Trades BEFORE They Happen With Simple Day Trading Techniques
– Anticipating lower % trades before you make them (early in your day) o The dollar is the first place I begin o 3-min Average True Range Chart o Mark the recent swing high/low o 34-range (slow) chart o Is the market sideways? o If yes, mark the highs and the lows with a price alert indicator o When the dollar breaks new […]
Continue reading January 18, 2011
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Day Trading Futures Morning Prep Gold, Crude Oil, Euro Currency
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. · 830 Empire Manufacturing · 900 Long Term TIC Flows (Treasury Capital) · 1000 NAHB Housing Market Conditions Im going to set my alarm clock […]
Continue reading January 14, 2011
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Day Trading Gold Futures Selling Retracements with Dollar Index Correlation
800am EST Let’s begin our day with the dollar index. We’re preparing for the 830am news today, hopefully we get some good volume to finish up this first week back. The dollar is trading all the way at the lows of the sideways range on the daily chart. We’ve been expecting this drop all week, […]
Continue reading January 14, 2011
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Pace of Tape indicator & The Dollar Index Correlation FAILURE
Questions: – When does the dollar correlation NOT work? – Negative correlation (dollar drops = everything rises) – 2 example of when it does not work – Low volume = fewer traders = less consistency in the correlation (red pace of tape, no big money, low ATR) – When other economies seek shelter in the […]
Continue reading January 14, 2011
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Morning Prep Day trading crude oil, gold, euro futures
Morning Prep Friday January 14 2011 We’ve had a great week, lets finish up by following our rules and executing with confidence. 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. 08:30 US Dec […]
Continue reading January 13, 2011
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Trade Management Strategy for Sideways Markets Dollar Index, Crude Oil and Gold Futures
Click Here To Review Our Auto Trader Results From This Morning Let’s begin our day with the dollar index: – Daily chart shows us coming off the highs of the price wedge – Daily chart shows us off the highs of the sideways trading range – Falling dollar = rising prices on everything else – […]
Continue reading January 13, 2011
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Automated Futures Trading Systems Review
Let’s start with our favorite market…gold futures…it certainly has been on a run this month of January! Click To Enlarge You can see the last three days have been FILLED with winning trades. We took 9 trades on this 13 range chart over the passed three days and look at the results. Click To Enlarge […]
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