August 3, 2010
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Day Trading Opportunities come in 3’s for Crude Oil Futures, Gold Futures, E-mini Futures
Did you know that most moves in the market come in 3’s? What does that mean? It means that when we see the market trending, I will look for 3 opportunities to trade with the trend, and then the 4th opportunity to trade with the trend I will look for a reversal instead. This simple […]
Continue reading August 3, 2010
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Two High Percentage Opportunities On Crude Oil Futures
Crude Oil Futures: We have two different opportunities on the 13-range chart, using the basic fundamentals we found on the 34-range chart. (at the highs of the range, looking for a short entry, or a breakout above) Entry long above 82.47 if we can continue with the trend up from yesterday looking for profit at […]
Continue reading August 3, 2010
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Review of Today’s Crude Oil Futures Day Trade SchoolOfTrade.com
Did you see the first trade of the day today? It was a Loss @ 900am EST Did you see the second trade today? It was a 140-tick winner @ 903am EST So how did I know to reverse my position and get long for this monster winner? It was simple..but you had to watching […]
Continue reading August 2, 2010
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188 Ticks Day Trading Gold/Crude/Russell Futures SchoolOfTrade.com
During these times we see slower speed of the tape, less volume, and certainly fewer opportunities to trade with. That didn’t slow us down at ALL today, we spotted a great breakout pattern on Crude Oil and we got long for an amazing 143 tick winner today, and to make it even more impressive, it […]
Continue reading August 2, 2010
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Tick Charts Fast Track Day Trading Using Multiple Time frames Scalping Futures
I’m using tick charts and the Pace of Tape Indicator to predict price reversals, and its REALLY easy to learn…and VERY exciting to use. We also covered topics including our Fast Track method and the ways we use multiple timeframes to help scalpers always get the best trading opportunities. – How large of an […]
Continue reading August 2, 2010
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Breaker Long Entry On Crude, Plus Double Top On Russell Futures
Crude Oil Futures: We are long from 80.55 on crude oil using a breaker long entry on the 13-range. We’ve already taken our first 2 of 3 profit targets, and we are holding to 81.50, which is our final target using the AB=CD pattern. Crude Futures Up-Date: 1050am EST Looking short below 81.18, and looking […]
Continue reading July 31, 2010
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Day Trading Futures Techniques and Strategies for any market
The term ‘day trader’ can be used to describe a LOT of different trading styles. Many people think day traders are all the same… – Lots of action – Lots of stress – Lots of risk – White-knuckles – High Pressure – Go! Go! Go! “Money Never Sleeps” Slow down ‘Gordon Gecko’ (Wallstreet)….this isn’t the […]
Continue reading July 30, 2010
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194 Ticks Day Trading Futures Breakouts and Failed Breakouts for Wedge Patterns
We finished up a HUGE month of July with another day filled with profits and lots of learning experiences. First, Gold was in an odd spot today…did you see this issue with Volume? Second, Crude Oil gave us $900 before 9am EST today when we sold the highs of the wedge Third, we earned $360 […]
Continue reading July 30, 2010
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Sideways Trading Ranges, 2Step Pattern, AB=CD Pattern, Tape Reading, Momentum for Day Traders
Do you know how to determine a sideways trading range? We all know by now that we can make AMAZING profit by selling the highs and buying the lows, but we need to DEFINE this trading range first. How about the AB=CD Pattern? Do you know WHEN to use this great tool for defining profit […]
Continue reading July 30, 2010
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Reversal Pattern Looks Promising On The Crude 13 Range
We made $900usd on our very first trade on Crude Oil today, and we’re looking for patterns on different timeframes right now.. Crude 13 Range We’ve watched as the crude oil broke out below the wedge pattern on the 21 and 13 range charts. We already sold short and made our money exiting the wedge, […]
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