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Monthly Archives: March 2012
March 30, 2012
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Day trading strategy uses fake-out breakout for Friday Profit
=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning was an excellent example of exactly why I love being a professional trader. We started this morning knowing its Friday, but not your average Friday, no. Today was a Friday your mama warned you about when you were a kid. ‘Stay away from […]
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E-Mini-Russell day trading strategy
E-Mini-Russell gave us an easy clue as of noon EST on Thursday that we had a strong bear price channel, and even though its not considered an advanced price-structures we know two things about this price channel; first, sell the price channel highs, and second if the price blows through those highs sell the next […]
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Euro day trading strategy
We open the 89 range chart and we see the euro trading in the same location as we did earlier this week; we see a price wedge price structure inside day (above the PLOD and below PHOD) and when we see an inside price wedge we know the market personality like the back of our […]
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Crude Oil day trading strategy
We can see the bear price channel, the AB=CD reversal-zone below us and the double-top support areas all lining up to provide support as price falls. If price rises higher I’m looking for the 89range wave pattern short to trigger, and if it does trigger short we then know to sell retracements on faster timeframes […]
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Dollar index day trading strategy
The day trading strategy for the dollar index this morning uses the heat map from our morning prep which tells us the dollar index is dropping this morning, so we keep that in mind to make sure we trade against any dollar index trends. We will be looking for the LONG trades this morning as […]
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EU Leaders Meet today while traders prep for Personal Income & Consumer Sentiment News
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— None of us can change the past, and worrying about it does nothing but disrupt our future; the most important thing a trader can do is embrace today, live in the moment, and learn as much as we can with the resources we have in front […]
Continue reading March 29, 2012
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Day trading strategy uses dollar index correlation to stay on the right side of the futures markets
=================================================================== Click here to Review what MEMBERS are saying about SchoolOfTrade.com =================================================================== This morning we got back to business in our live trade room after a very challenging day of trading on Wednesday. The most important thing this morning was to implement the small adjustments we made after Wednesday’s messy market personality and keep focused […]
Continue reading March 29, 2012
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“Why Was the Fed Created?”
Prof. Selgin provides a short but comprehensive explanation of the institutional drawbacks of the United States banking system during the 19th century and how this fueled desire for financial reform.
Continue reading March 29, 2012
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E-Mini-E-Mini-Russell Lunch day trading strategy
We want to buy the lows of the price channel, but we know the dollar index is trying to move higher this morning so we will sell retracements with new lower-lows below 820.5. We have 818.0 support below us from the AB=CD pattern, so use that as your final target for your short. Then look […]
Continue reading March 29, 2012
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Euro currency futures day trading strategy
The euro is trading at the lows of the major price wedge so we naturally want to buy the lows, and we expect if price moves lower it will start to stall and give us buying opportunities at the lows. We are trading on top of the PLOD so below the PLOD the sellers are […]
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