day trading strategies for jobless claims and business inventories

We begin our day trading strategy with the dollar index 13-range chart.  This will show me the short term trend, and we can see it sideways, forming a price wedge.  Remember, a price wedge is a BIG clue and we need to stay away from the middle of the wedge, focusing our attention on patterns […]

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*** – China Dec CPI hits 15-month low – Spain sells almost double the intended amount in bonds – No changes expected at BOE and ECB rate decision today- European shares rallied after Spain sold twice the amount anticipated during […]

Price Wedge day trading strategy uses crude oil inventories news

This morning’s price wedge strategy was an excellent example of how technical patterns and fundamental analysis of the news will sometimes clash at certain points in the market.  Every Wednesday @ 1030am EST we see inventories from crude oil futures and this morning we also had a very specific day trading strategy that involved buying […]

learn to day trade futures with these trading strategies

We begin with the dollar index, and we can see on this short-term timeframe (13range) that our price wedge is the most important. Price wedge is a major personality clue, and when we see this on the dollar index it tells us to expect the same on other markets.  We then use the ‘trend channel’ […]

Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – European shares were trading in positive territory but failed to make any impressive rally due to increasing concerns over the European debt crisis. Germany’s first estimate of the Q4 GDP showed a contraction although Stats office noted that […]

Buying pullbacks day trading strategy

This morning in our live trade room we took 2 winning trades on crude oil futures buying pullbacks and selling retracements.  This is an easy day trading strategy to understand, however, new traders will need to learn which trades qualify as high percentage pullbacks so they make profit on each trade. How do you know […]

day trading strategies using futures markets

Our morning routine and day trading strategies start with the dollar index, which shows us a bull price channel and 2 major support levels.  We will use these levels to make educated decisions today using the negative dollar correlation. Now move to a faster dollar chart and we see a short term downtrend, with some […]

Day Trading Strategies for Dollar Index , Euro, Crude, Russell and Gold futures

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— Around the Globe this morning: – European shares rose during the session after Alcoa, which kicked off US’ earnings season, met analyst’s expectations.  Yesterday’s meeting between Sarkozy and Merkel , as usual, failed to ease concerns over the crisis, prompting a retreat in equities […]

Setting up a workspace for day trading with ninja trader 7