July 23, 2010
- in Uncategorized by schooloftrade
- |
- 1 comments
Low Volume Trading with Trend Lines, Double-Tops, and Big Round Numbers; Fast Track Method BONUS
We had an amazing week in the live trade room… – Our second biggest week of the year – Lots of members moving to their live accounts from our Fast Track trading method – Plenty of opportunities to LEARN about day trading and the many ways to make a living with our easy to learn […]
Continue reading July 23, 2010
- in Uncategorized by schooloftrade
- |
- 2 comments
HIgher Highs Lower Lows Swing Highs Swing Lows
Higher highs Lower lows / Swing Highs Swing Lows Candlestick patterns are very important for identifying market sentiment for day trading futures contracts. Whether you are trading Crude Oil, Gold or Euro Futures you will need to know this import term so when you see these in the market you are prepared to use them […]
Continue reading July 22, 2010
- in Uncategorized by schooloftrade
270 ticks Day Trading Gold Russell and Crude Oil Futures
We broke our daily profit record today with 270 ticks on only 4 contracts and it only took 4 trades to achieve these results. This WEEK has been amazing, lots of learning opportunities, and today’s trading was the best example of trade management we have seen in a while. 830am EST – Crude Oil futures […]
Continue reading July 22, 2010
- in Uncategorized by schooloftrade
Candlestick Patterns; Head & Shoulders, double-tops and bottoms; Trading Range determines the trading day ahead
Did you know that some of the most common chart patterns are actually VERY risky for day traders? For example, one of the most popular patterns is the Head & Shoulders pattern, this is one of the most difficult patterns to make profit with…. Did you know that we can determine the type of trading […]
Continue reading July 22, 2010
- in Uncategorized by schooloftrade
- |
- 2 comments
We’ve made 240 ticks so far…here’s what we’re watching NOW!
Crude Oil Futures: Our first trade of the morning triggered a lot faster than we expected, and we found ourselves in our breaker long entry on the 21-range chart. – 900am EST long from 77.16 we took the breakout to the upside and held the entire move. Now we see the market slowing down at […]
Continue reading July 22, 2010
- in Uncategorized by schooloftrade
Pace of the Tape technical indicator for day trading futures contracts
Pace of Tape Indicator Hi guys, Speed, in my opinion, is the most important factor in determining market sentiment. (read this article on SPEED in your trading) We use speed to determine market sentiment, and market sentiment determines trade direction, which determines the difference between a trending pattern and a reversal pattern, and that is […]
Continue reading July 22, 2010
- in Uncategorized by schooloftrade
- |
- 6 comments
Auto Levels Technical Indicator locates important levels of support and resistance for day traders
Auto-Levels Indicator Hi guys, As you’ve heard me say before, technical indicators are vital if they save us time and limit our mistakes. We don’t get too excited about fancy signals and hard-to-read indicators, so we remain very selective for what we allow to take up valuable real estate on our charts. One of the […]
Continue reading July 21, 2010
- in Uncategorized by schooloftrade
95 Ticks Selling the Highs on Crude Oil & Russell E-mini Futures
We had a challenging day in the trade room today, but we followed our rules and waited for the summertime markets to get in a position for us to take our high percentage trade patterns. We saw sideways markets today, and in today’s video we go over what to look for so you know how […]
Continue reading July 21, 2010
- in Uncategorized by schooloftrade
Double-Tops & Double-Bottoms make trading easy; Dollar Index Futures Correlation; Live Euro Futures Day Trade
One of the most important things to being a day trader is to be aware of your surroundings. It only takes a few minutes for a trade pattern to trigger, so we must be aware above and below us at all times. I have found that most day traders use double-tops and bottoms incorrectly, and […]
Continue reading July 21, 2010
- in Uncategorized by schooloftrade
We are seeing some challenging price action today on our favorite markets
Gold Futures: Gold futures are trading inside the transitional area we call the ‘trigger zone’. Above this zone the buyers are in control, and below the zone, the sellers are in control Most importantly, we expect the zone to be filled from one extreme to the next. If we break above the zone, look for […]
Continue reading