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Monthly Archives: January 2012
January 24, 2012
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Day Trading Strategy ahead of State of Union Address & FOMC Day
We opened our live trade room at 730am EST this morning with a few big concerns about volume and we got pretty much exactly what we expected. Our day trading strategy requires us to be aware of the news each morning, so we began there. Trades called Live Today We knew this evening we had Obama’s […]
Continue reading January 24, 2012
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day trading strategy using FOMC Day
Our day trading strategy begins with gathering clues from the dollar index, which will tell us the short term trend so we can trade along with it, as well as major turning points in the market so we can look for price reversals. This morning we can see the strong bear channel which is NOT […]
Continue reading January 24, 2012
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Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— ***Notes/Observations from around the world*** – Japan expected to announce its first trade deficit since 1980 on Wednesday – Coupon issue sends Greek debt negotiations back to square one – India cuts is Cash Reserve Ratio by 50bps to 5.50% (not expected); leaves key […]
Continue reading January 23, 2012
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day trading strategy without news on Monday morning
We got our week started this morning with some clear signs of a sloppy monday morning and we used some clues from the dollar index and overall market personality to make an educated decision this morning to stay patient and look for only the best trades this morning gave us. The day began with us […]
Continue reading January 23, 2012
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Day trading stratregy up-date
1100am EST day trading up-date: Our concerns over slower speed and low volume this morning without any major news is certainly coming true. We need to think protecting captial first is our trading strategty going into lunch. We the current market personality we know the dollar index is making this much more difficult and we […]
Continue reading January 23, 2012
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Monday morning day trading strategy
We begin our week with the dollar index, and our main strategy of using the dollar index is to locate the major turning points and the short term trend. Major turning points tell us where to look for reversals and the short term trend helps us find wave pattern to trade with the trend. As […]
Continue reading January 23, 2012
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Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— ***Notes/Observations from around the world*** – Euro Zone Fin Mins to meet later today to decide what terms of a Greek restructuring they are willing to accept – IIF Chief Dalara: Banks have made ‘maximum offer’ in Greek debt talks – EU ambassadors said […]
Continue reading January 20, 2012
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OPEX Trading Strategies; Stay alive for long term profits
We finished up an incredible week in our live trade room this morning with a challenging OPEX low-volume trading environment. We certainly had plenty of reasons to be concerned, and it WASNT simply because it was a Friday or OPEX. As I look back at my long term track record I can easily see some […]
Continue reading January 20, 2012
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crude oil day trading strategy using double-top support
We’ve been watching this sloppy price action all morning on crude oil, and we’re finally seeing our patience pay off. We knew the day would likely end exactly where it started and the price wedge, along with the double top support levels give us plenty of reason to think this thing will hit that 100.00 […]
Continue reading January 20, 2012
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Options Expiration (OPEX) Day Trading Strategies
The first thing on our mind when trading OPEX is that today is a friday, so we need to keep an eye on the times this morning with best market personality. There will be times of great opportunity so we need to stay focused on waiting for those instead of forcing trades that arent there. […]
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