Archive
Monthly Archives: June 2012
June 27, 2012
- in Uncategorized by schooloftrade
They are Running the Stops! Don’t let this happen to you over Lunch!
“They’re running the stops!” Most of us have heard this statement before, but what does it REALLY mean? Have you ever wondered why professional traders ONLY trade during the highest volume times of the day? Do you know when this becomes a risk for YOU and your trade account? Don’t miss today’s lesson on […]
Continue reading June 27, 2012
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Crude Oil Inventories & E-Mini Russell Trading Opportunities today
900am EST Crude Oil futures trading in a long term bearish price channel on the 144-range chart. We know that the high-percentage trades on a bear price channel is to sell at the highs of the price channel or the range. We can also see some simple trend lines drawn from swing-high and swing-low along […]
Continue reading June 27, 2012
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Durable Goods orders higher, traders waiting for the Dollar Index Correlation
800am EST We begin our day with the news this morning. Overnight news in Europe (here in the US) was bearish and the market sentiment continues to be filled with bears today. We have news this morning here in the US and we know that 1030am Crude Oil Inventories will likely be the most opportune […]
Continue reading June 27, 2012
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FENG SHUI For Professional Day Traders
FENG SHUI for Traders; We are all a by-product of our surroundings, from the desk we work at, to the temperature in the office and the pictures on the wall. In addition, the people we associated with as traders has a big impact on who we become as traders. It’s no secret that we can […]
Continue reading June 26, 2012
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E-Mini Russell and Crude Oil Futures Prep
900am EST We begin to review our favorite futures markets and the charts that we will use to find the high-percentage trades today. We start with Crude Oil which is in the middle of the short term price wedge, and our day trading strategy tells us to sit on hands in the middle of ANY […]
Continue reading June 26, 2012
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Morning Prep Notes from Live Trade Room
800am EST The first thing we notice is the bearish news from Italy, the UK, and mixed news from Germany ahead of the EU Summit this weekend. We already know the news from China overnight was also very bearish, so we’re anxious to see if we will get the selling opportunities we assume will come […]
Continue reading June 26, 2012
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Bears are out in Europe, China Growth Slashed lower, ahead of EU Summit Weekend
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Do you know who YOU are as a professional trader? No…It’s not your name, your physical appearance, or even your state of mind. The only constant in our lives is change itself. Since our body and mind is always changing, we need to remember that as […]
Continue reading June 25, 2012
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Monday day trading strategy using Fast Track Method LIVE Trade Calls
This morning was a Monday, and not just your typical Monday, this morning we had some major concerns going into the US morning session, but our simple day trading strategy combined with a methodical approach to our trading rules, we were able to make some great profits this morning with only a few trades. […]
Continue reading June 25, 2012
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Monday Morning Day Trading Routine and Prep
————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— Every day is a new opportunity to grow, as a person and as a trader. Most of us never get a chance to take advantage of TODAY because we’re too worried about tomorrow, or dwelling over mistakes in the past. A wise trader once told me, ‘nobody’s […]
Continue reading June 15, 2012
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Day trading strategy for the dollar index
The dollar index trades off the highs of the long term bull channel and right on top of the PLOD, so we know the bears on the dollar index may push this price below 82.070 and get all the markets we trade moving higher. Remember to use the market personality of the dollar index as […]
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