Archive
Monthly Archives: June 2012
June 8, 2012
- in Uncategorized by schooloftrade
Dollar index day trading strategy
Dollar index moving higher this morning mostly on the bearish comments out of the ECB overnight along with the concerns from the news from Germany and the Spain on this Friday morning. A bullish dollar index will result in falling prices on Crude Oil, E-Mini-Russell, euro and gold futures. If the dollar index keeps rising […]
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- in Uncategorized by schooloftrade
Economic News Strategy for Friday
News overnight from Germany and Spain are both bearish, with concerns over the banks in Spain and the trade balance in Germany. This is making new higher-highs on the dollar index which has pushed everything lower. Looking over the news on the schedule for today we can see the major news at 830am EST will […]
Continue reading June 8, 2012
- in Uncategorized by schooloftrade
Bears are out in Europe, Contract Rollover in US, Major News from Canada
Every new trading day is another opportunity to learn more about what makes these markets work. The first rule of a professional trader is to learn HOW the instruments and these markets work. The second job for a professional trader is to learn some simple trading patterns, and the third and final job for a […]
Continue reading June 7, 2012
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+399ticks Biggest Day of 2012 using the Fast Track Method
This morning was an excellent LIVE example of why our trading methods are so effective at helping new traders move from learning to earning in their trading careers. Today we took quite a few trades, but we will highlight our Fast Track Method trading results for today because that is the first place that each new member will […]
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Hedge Fund Webinar TODAY 4:30pm EST
Every Thursday afternoon we have our Webinar to discuss new opportunities with our Hedge Fund and Managed Accounts. Dont miss this weekly educational series on how Hedge Funds work, and how you can make profits along with us. Click here to attend today’s Webinar @ 430pm EST on Hedge Funds
Continue reading June 7, 2012
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Market up-date: technical chart review
Crude Oil is trading below the PHOD and with the dollar index above the PLOD we assume that Bernanke is saying something bullish for the USD. This means with Crude Oil below the PHOD the sellers have taken control and we will stay short to the PLOD. Take profit target on the way down at […]
Continue reading June 7, 2012
- in Uncategorized by schooloftrade
We check the Heat Map on our morning prep:
The dollar index correlation is in play with the heat map saying -0.2% on the DOLLAR INDEX. This tells us we can use this strong correlation, and if we have to chose, the BUY-SIDE will be the high-percentage trades with a falling dollar index. We can also see that Crude Oil futures are the biggest […]
Continue reading June 7, 2012
- in Uncategorized by schooloftrade
Dollar index day trading strategy
Dollar index falls lower this morning below the trigger-zone support of 82.350. clearly the strong euro after news from the ECB buying up Italian Bonds is the reason people are taking profit on the US dollar index and moving that over to the oversold euro. With the dollar index falling lower we know this will […]
Continue reading June 7, 2012
- in Uncategorized by schooloftrade
Economic News Prep:
What happened overnight? We have mixed news from Europe, no real consistency in either bullish or bearish. We saw the Italian Bonds being consumed by the ECB, but that’s about it. What’s on tap for today? (US Morning Session) Early morning Jobless Claims will get us started early before the US Open @ 930am EST. […]
Continue reading June 7, 2012
- in Uncategorized by schooloftrade
Jobless Claims, Ben Bernanke and another opportunity ahead
Professional traders understand that life, and their careers, are one continuous ongoing transition from one state to another. We have to appreciate that the hard times will pass, and the good times, they will never last forever. As traders when we feel like we’re in a bad position, we have to remember that this too will eventually […]
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