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Monthly Archives: August 2011
August 25, 2011
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Trade the News Market Internals Update at 12:00ET
Dow -128 S&P -12.6 NASDAQ -33.6 ***Economic Data*** – (BR) Brazil Aug FGV Consumer Confidence: 118.7 v 124.4 prior – (TU) Turkey Aug Industrial Confidence: 109.8 v 114.1 prior; Capacity Utilization: 76.1% v 74.7%e – (BR) Brazil July Unemployment Rate: 6.0% v 6.2%e – (US) Initial Jobless Claims: 417K v 405Ke; Continuing Claims: 3.641M v […]
Continue reading August 25, 2011
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Finish your trading day & be ready for Tomorrow with this Simple Plan
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 […]
Continue reading August 25, 2011
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Traders Look for opportunities ahead of jobless claims and Jackson Hole Summit
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— – Markets appear to be enjoying a better risk backdrop ahead of Jackson Hole although Bernanke is unlikely to promise new action – The financial press reported that hedge funds have the largest short position on the S&P 500 since December 2008. The bearish bets […]
Continue reading August 24, 2011
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We’ve been waiting for this day on Gold Futures; 380 ticks of profit
745am est Crude Oil Futures: 89Range chart shows us a bull price channel, price wedge, and a sideways range. We know the bull channel tells us to buy pullbacks and to buy at support if price falls. We also know the wedge tells us to sell the highs and buy the lows of the range. […]
Continue reading August 24, 2011
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The Economic Symposium, held in Jackson Hole, is on everyone’s mind this week
The key event in central banking, and certainly the mind of the markets, for this week will be Ben Bernanke’s “Jackson Hole speech” scheduled to take place Friday the 26th of August at 10am ET. The regular event is where US Federal Reserve Chairman, Ben Bernanke, in 2010 introduced the idea of a second round of quantitative […]
Continue reading August 24, 2011
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Members Training Notes 08 24 11
Hi Guys! We just finished another great training with our members and here is what we have up-dated on the course materials: – Add today’s Notes – Consolidated ALL of the members training notes into ONE SINGLE Post, open it up and you will see ALL of the training notes are there now. – Updated […]
Continue reading August 24, 2011
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Trade the News Market Internals Update at 12:00ET
Dow +5 S&P +0.25 NASDAQ -12 ***Economic Data*** – (RU) Russia Q2 YTD Foreign Direct Investment (RUB): v 3.9B prior – (US) MBA Mortgage Applications w/e Aug 19th: -2.4% v +4.1% prior – (US) July Durable Goods Orders: 4.0% v 2.0%e; Durables Ex Transportation: +0.7% v -0.5%e – (BE) Belgium Aug Business Confidence: -7.8 v […]
Continue reading August 24, 2011
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Price Wedges and Crude Oil Inventories Give traders plent of opportunity today
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— Today’s Economic News: We begin our day with early morning news @ 830am Durable Goods, and then we go through the US Market Open at 930am and then into the 1000 FHFA House Price Index, and then onto 1030am Crude Oil Inventories. Remember to watch […]
Continue reading August 23, 2011
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Price Wedge Fails; We hit our daily goal trading crude oil and gold
CAD News @ 830am, crude oil is a large export from Canada, so major news in CAD will affect the prices of crude oil. 815am est Crude Oil Futures: – Trading in a bull price channel – Outside day (above PHOD) – Inside a price wedge – Strong bull channel on the 89range chart Our […]
Continue reading August 23, 2011
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Make NinjaTrader 7 Run Faster with these Performance Tips for Day Traders
There are many variables that contribute to overall performance of the NinjaTrader application.
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