Archive

Monthly Archives: January 2011

January 18, 2011

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 […]

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January 18, 2011

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 […]

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January 14, 2011

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 […]

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January 13, 2011

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 –          […]

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