Very challenging day today in the markets we trade. The markets gave us some good clues this morning when we opened our charts: – Red POT on Crude Oil @ 830am 100 – Flat Trigger Lines on CL and ALL the same price level, also a BIG ROUND NUMBER = sideways, beware! – Breaker Short […]
Continue readingHey Traders I was wondering if any of our current members or trial members, or even guests would like to leave some of there personal experiences that you have had with the Schooloftrade.com? Just follow this link and post your experience, thanks guys this feedback really helps me tailor my teaching habits. Quiz # 2.) For a […]
Continue readingWe opened the trade room today @ 745am est and as expected.. • Red Pace of Tape • Flat Trigger Lines • Flat Dollar • Very Little News to spark the price action So we have a slow, flat market that doesn’t want to break out of its tight trading ranges This includes the DOLLAR […]
Continue readingOur 3rd video of this 5-video series we talk more about the 5 evolutionary stages to our Discipline Cycle. Where did we leave off last time? • In Video #1 we heard from Joseph James himself as he shared his story of how he developed the Discipline Cycle itself, and we were introduced to the […]
Continue readingScalpers, Intra-Day, Position & Swing traders alike benefit from the correlations seen between the US Dollar Futures Index (DX) & Commodity Futures such as Gold (GC) & Crude Oil (GC). The US Dollar Index Futures is one of the most widely-recognized electronically-trader markets in the world. Comparing the USD against a basket of major currencies, […]
Continue readingWe opened up the live trade room this morning @ 745am EST and we noticed the market trying to tell us a story: • Monday morning • Red Pace of Tape (slow speed of the market) • Flat Trigger Lines (sideways market) • All Trigger Lines were the same price level (broad sideways market)…. • […]
Continue readingCongrats to all of our winners! Thanks to everybody that is participating in our quiz raffles. The good news is, you have many more oppertuynities to get your hands on some of these great prizes. This is quiz number 1 for the month of March. Be sure to catch up on all of the rules […]
Continue readingSchoolofTrade.com Daily Commentary 02-26-10 We got exactly what we expected out of the market today. We opened our charts at 745am EST and we saw…. – Gold @ OPEN (flat market) – Very tight trading ranges on Gold – Crude Oil, all trigger lines are the same (flat market) – Red Pace of Tape, RED […]
Continue readingIn this 2nd video of this 5-video series, we talk about the 2nd Phase of the Discipline Cycle, which is Consistency. Let’s first recall where we left off on our Last Video: • We Listened to My (JJ’s) story of HOW and WHY he created the Discipline Cycle • We Learn what the Discipline Cycle […]
Continue readingWhat a great day in the markets today! I think we may be learning here! We waited patiently for the time in the day when the price was moving quickly, and not sitting there slowly. We knew to pay close attention to the DOLLAR INDEX FUTURES Fast & Slow timeframes. We knew to stay AWAY […]
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