Archive
Monthly Archives: May 2012
May 21, 2012
- in Uncategorized by schooloftrade
+200ticks Monday Day trading strategy using E-Mini-Russell & Gold futures buying the lows
Joe’s Trades Monday Morning This Monday morning was incredible, earning over 200ticks on a Monday! No, it wasn’t because we have a magic indicator, or we got lucky this morning. We nailed our morning prep and our Monday morning day trading strategy was exactly what the ‘doctor ordered’ this morning on a day when […]
Continue reading May 21, 2012
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Day trading strategy dollar index
The dollar index has come off the highs from late last week. If you recall, we discussed that when the dollar index tested new higher-highs we would either keep going higher, trade sideways, or reverse and come back down lower. The big issue this morning will be the support from the trigger-line at the PLOD […]
Continue reading May 21, 2012
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Monday Morning VIP Traders Prep
Professional traders understand that the market is always providing feedback, even though we may not be listening for it. Every trade that we take as professional traders is either a winner or a loser. Some trades may take a minute and others may take a week, either way the market provides us with feedback almost […]
Continue reading May 18, 2012
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+125ticks day trading strategy OPEX-Friday uses Price wedge
This morning we finished up a record-breaking week, earning over $10,000 in profits this week alone, and the Fast Track Method earned more than Advanced Method 4 out of 5 days this week. This is a true testament to the effectiveness of our trading method when we keep it simple, and even in a challenging […]
Continue reading May 18, 2012
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Bullish AB=CD E-Mini Russell Trading Opportunity
E-Mini Russell gave us an easy buying opportunity when we tested the Bullish AB=CD on the 89-Range chart, and then using the 21-Range chart we found the short-term Bearish AB=Cd which gives us an easy final target on the way higher. The AB=CD Pattern is an excellent way to identify where the price is likely […]
Continue reading May 18, 2012
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2 Trades called in REAL TIME on Crude Oil Futures
Crude Oil is suffering from contract rollover this morning, but it didn’t stop us from grabbing two winning trades selling the highs of the bear channel and price wedge. We began at 800am EST with a short using a 2-Step Pattern off the wedge/channel highs, and final targets at PLOD (95.20) and then down to 91.65 […]
Continue reading May 18, 2012
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Dollar index day trading strategy
The dollar index has been trading higher this morning and now we’re sitting at range highs and looking for a reversal this morning on OPEX Friday. We used a double-bottom to find overhead resistance and we can see this strong move that the dollar index has made is not trending sideways, with an inside trading […]
Continue reading May 18, 2012
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Options Expiration Friday Trading Prep
Professional traders are the rulers of their own kingdoms, and there are many responsibilities that come along with this that we need to be aware of. Every kingdom needs rules, and every trader must have guiding personal principals that lead the way. A king must develop policies on domestic issues, and traders must learn to stay healthy […]
Continue reading May 17, 2012
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+250 ticks trading a simple price wedge using Fast Track Method
This morning was a classic example of one of our favorite market structures; a simple price wedge and an ‘inside trading day’. This morning was Thursday of OPEX week and we earned +250 ticks of profit this morning with members in our live trade room using Crude Oil, E-Mini-Russell, Euro, and Gold futures for […]
Continue reading May 17, 2012
- in Uncategorized by schooloftrade
Crude Oil strategy buys the lows, sells the highs, and hit profit targets
We earned over 100 ticks of profit with live trade calls today in our trade room. This morning was an excellent example of a simple price structure that we used to plan our trades, and then we simply traded our plan. Joe’s First trade; Buy Lows When we saw a price wedge on the 21-Range […]
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