Market Content July 27, 2009Yet another profitable summer day at the School of Trade! The key to our success in such a low volume market like this is to be patient, and wait for the absolutely perfect set-ups.We saw our first perfect set-up in the market today at 10:24am EST. We watched the Crude Oil […]
Continue readingMarket Content July 24, 2009Well we at the School of trade would love to have more summer Fridays like this one. We took quite a few trades today and boy did they pay off!Our first trade was early this morning on the Dax Futures (Symbol FDAX) at approximately 3:50am EST. We quickly noticed the Dax […]
Continue readingMarket Content July 23, 2009We started trading early this morning by taking a 2-step on the Dax Futures (Symbol FDAX). At 3:50am EST we entered the market short at a basis of 5128.5. While reading the tape, we saw the market quickly move in our favor after breaking dynamic support, where we locked in profits […]
Continue readingMarket Commentary July 22, 2009 Yet another Wacky Wednesday for trading today; on a day when most people would have given back all their profits for the week, we were able to end the day with profits! Even though our trades will show more losers than winners were taken today, it’s a testament to the […]
Continue readingMarket Content July 21, 2009 Today was a great example of why we trade multiple markets and how our trade set-ups can provide you with profits on those markets! All of our four trades today came on the Crude Oil market (Symbol CL) ($10/tick). We started our morning off at 8:10am EST, again watching the […]
Continue readingMarket Content 7-20-09 Once again the rules we follow for the James Wave set-ups have saved us from losses and allowed us to keep our profits. In a low volume market such as we have in these summer months, today PATIENCE was the key to our success.Our first trade came at 10:12am EST in the […]
Continue readingMarket Content 7-17-09 Well I’m sure we all wish every Friday in these summer months could be like todays! We started our day off with a little riskier trade than usual on the Dax Futures (Symbol FDAX) at 3:10am EST seeing a great 2-step formation to the short side at a price of 4996. The […]
Continue readingMarket Commentary 7-16-09 Yet another successful day at the School of Trade live trade room. We started our morning off with our first trade on the Dax Futures (Symbol FDAX) at 4:24 am EST. The set-up that occurred was a classic 2-step formation with an initial entry at 4917, but before we entered this counter-trend […]
Continue readingMarket Commentary for 7-13-09 Today, 07-13-09, we began the morning scalping some profits off the Dax futures (symbol FDAX) at 8:47 am EST. While seeing great size come across the ticker tape shortly before the start of the US session, another great James Wave set-up occurred, in the form of a 2-step counter-trend trade. With […]
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