Price Wedge & Reversals for Easy Profit on Crude & Gold

Click Here To Review Our Automated Trading Results From This Morning We prepare for the 830am news and we know the GDP is supposed to be big, but our experience is always mixed.  We do a lot waiting and then usually the markets don’t make a very big move. The important news for me is […]

Automated Trading Strategies Review

Hi guys, it’s that time of the week again, let’s take a moment to review our results on our fully-automated trading system, which comes with our Advanced Membership. Let’s start with the worst earner of the group…Gold Futures. I’m going to take a look at 2 different scenarios…the long term…and the short term…and you can […]

Trade the News Market Internals Update

***Looking Ahead*** – 11:00 (US) Fed to purchase $4-5B in Notes/Bonds – 15:00 (AR) Argentina Apr Economic Activity Index M/M: No est v 0.5% prior; Y/Y: 7.6%e v 7.8% prior 10:31 AM Market Internals update at 10:30ET – NYSE volume 170M shares, about 9% below its three-month average; decliners lead advancers by 2.2:1. – NASDAQ […]

IEA ‘Oil Release’ a Direct Shot at OPEC?

June 24 (Bloomberg) — Gianna Bern, president of Brookshire Adivsory and Research Inc., talks about the International Energy Agency’s decision to release emergency crude stockplies and the outlook for oil prices. Bern speaks with Deirdre Bolton on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg) Continue Reading this Article Here >>>

Market Personality Helps Me Identify the Best Trades

Market Personality: –          Size of the orders –          Speed of the orders –          Are we making new highs?, new lows? –          Are we trading in a sideways range? –          Double-tops and bottoms? –          Is the price ‘following through’ on its moves –          Are we seeing breakouts? –          Are we seeing fake-out breakouts? –          Bullish:  high […]

Traders prepared for major news as markets flatten out looking for clues

This has been a busy week for the commodity markets we trade most, seeing the US Dollar rising and falling on fears and confidence from Europe…its been a fun ride and we end our week with some very important news that is certainly on the minds of traders this morning. Not much news to share […]

Don’t let Crude Oil fool you, buy support after the big drop

Disclaimer ———————————————- SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and Options trading […]

Crude Oil Futures on the Move: IEA Releasing Oil In Hopes of Pushing Down Prices

Jun 23, 2011 Sam Fletcher  OGJ Senior Writer HOUSTON, June 23 — Oil prices dropped in early trading June 23 after Paris-based International Energy Agency said its 28 member countries agreed to release 60 million bbl of crude from strategic reserves at the rate of 2 million b/d for 30 days “in the coming month.” […]

U.S. Jobless Claims Rose More Than Forecast to 429,000

June 23 (Bloomberg) — More Americans than forecast filed first-time claims for unemployment insurance payments last week, showing companies are less confident about the expansion than they were earlier this year. Applications for jobless benefits increased 9,000 in the week ended June 18 to 429,000, Labor Department figures showed today. Betty Liu and Michael McKee […]

***Looking Ahead*** – (EU) EU Leaders hold Summit in Brussels – Germany Chancellor Merkel and French President Sarkozy to separately hold Greek crisis talks – (AR) Argentina Jun Consumer Confidence: no est v 55.6 prior – 11:00 (US) Fed to purchase $1.0-1.5B in Notes/Bonds – 12:00 (CO) Colombia Q1 GDP Y/Y: 4.9%e v 4.6% prior […]