Archive
Monthly Archives: August 2011
August 23, 2011
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Trade the News Market Internals Update at 12:00ET
Dow +110 S&P +12 NASDAQ +32 ***Economic Data*** – (TU) Turkey Central Bank leaves the Benchmark Repo Rate unchanged at 5.75%; As expected – (HU) Hungary Central Bank leaves the Base Rate unchanged at 6.00%; As Expected – (US) ICSC/GS weekly chain store sales w/e Aug 20th: -1.0% w/w; +3.0% y/y – (CA) Canada Jun […]
Continue reading August 23, 2011
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Crude breaks major resistance as Gold takes profit off record highs ahead of key manufacturing data
————————————————————————————— The James’ Report: Professional Resources for Professional Traders ————————————————————————————— Crude Oil Futures break major resistance and moves higher on confidence demand will increase in the US. Potential Hurricane may be adding to the jump in crude oil prices Gold Futures drop off new all-time highs as gold tops 1910 for the first time ever […]
Continue reading August 22, 2011
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Trade the News Market Internals Update at 15:30ET
Dow +131 S&P +13 NASDAQ +32 ***Economic Data*** – (US) July Chicago Fed National Activity Index: -0.06 v -0.48e – (MX) Mexico Jun Retail Sales: 4.8% v 3.1%e – (US) Q2 Mortgage Delinquencies: 8.44% v 8.32% prior; MBA Mortgage Foreclosures: 4.43% v 4.52% prior – US equity futures popped higher in the pre-market this morning, […]
Continue reading August 22, 2011
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Avoid Chasing Trades with this simple technique
Chasing Trades It’s when you see a pattern, and you miss the exact entry and you try and ‘chase’ after it to get into the trade. What are the problems when you chase? – You risk getting filled at the HIGHS (end) of that move – Slippage will be a major concern as the ‘move’ […]
Continue reading August 22, 2011
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Trade Room Closed Today
Hey guys, Our live trade room will be closed today due to technical issues. We have had power issues all morning here locally and will not be able to do our trade room with you today. Im sorry for this lack of short notice, our techs will be here shortly to solve this issue and […]
Continue reading August 20, 2011
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Windows 7 Shortcut Keys
Windows 7 is the next version of Microsoft Windows, an operating system for both home and business. As with its previous counterparts (Windows XP, Windows ME, Windows 98, Windows 95, Vista), developers of Windows 7 have made available many shortcut keys to make our lives easier. These shortcut keys are very similar to those of […]
Continue reading August 19, 2011
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Slow Summer Price Action? We trade FAILURES for HUGE Profits!
Today is OPEX, so being selective with the times we chose to trade will be the most important aspect today. You may not see a single trade today. OPEX Friday in the summer is screaming at us to be careful. 845am est Crude Oil futures are trading in a price wedge and an inside day. […]
Continue reading August 19, 2011
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Biggest Gold Rally since 2007…what does this say about our condition?
Gold rose to a record above $1,880 an ounce in New York, poised for the longest run of weekly gains since April 2007, as escalating concern that the global economy is slowing drove equities lower. The metal is set for a seventh weekly advance as worse- than-expected U.S. economic data and Europe’s debt crisis boost […]
Continue reading August 19, 2011
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The ‘BIG MAC Index’ used to identify overpriced currencies…but is it worth the Cholesterol?
THE Big Mac index celebrates its 25th birthday this year. Invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level, it was never intended as a precise gauge of currency misalignment, merely a tool to make exchange-rate theory more digestible. Yet the Big Mac index has become […]
Continue reading August 19, 2011
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Trade the News TradetheNews.com US Market Update
Dow -52 S&P -5 NASDAQ flat ***Economic Data*** – (CA) Canada July Consumer Price M/M: 0.2% v 0.2%e; Y/Y: 2.7% v 2.8%e; CPI Index: 120.0 v 119.8 prior – (CA) Canada July CPI Core M/M: 0.2% v 0.2%e; Y/Y: 1.6% v 1.6%e – (BR) Brazil Aug IBGE CPI IPCA-15 M/M: 0.3% v 0.2%e – (PD) […]
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