Archive

Monthly Archives: August 2012

August 30, 2012

Morning Mini-Russell Checklist:

Heat Map:  What is it telling us? The Mini-Russell has -0.4% so we know to consider this a moving market. Overnight Highs & Lows: This market is sideways, sitting on top of the PLOD and confirming a range-bound market at this time. Very similar to Crude Oil today.  Buy-the-lows at support ,sell-the-high at resistance will be […]

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August 30, 2012

Morning Crude Oil Checklist:

Heat Map:  What is it telling us? Heat map says these markets are sideways, with very little up and down trading range.  This will change, so we will stay patient and wait for our opportunity. Overnight Highs & Lows: We have not tested lows opening-range highs this morning, this tells us to consider this day […]

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August 30, 2012

Jackson Hole, Jobless Claims, and Labor Day Weekend Trading Strategy

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— MASTERY:  Many people believe that professional traders rely on supernatural powers, superior intelligence, or excessive working hours to become success in this business.  Ask any successful trader and you will quickly learn, this is certainly not true.  The secret to a trader’s success is quite simple; we […]

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August 29, 2012

And the Raffle Winner Is….

Thanks to all the new traders that joined us for the Orientation on Tuesday afternoon! The Quiz question was…  what are the reasons why Joseph trades Futures rather than any other asset-class for his trading career? Answers:   1.  100% Regulation by the CFTC/SEC 2.  Time & Sales Window provides real-time ‘finger on the pulse’ […]

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August 29, 2012

CRUDE OIL INVENTORY PREP:

– News comes out 10:30am EST – We sit on hands 15-minutes below – 2 Aspects of this report    :Inventory Report    :Demand Report Today they are calling for a -1M (draw on inventories) Scenario 1:  Inventories are lower – More Demand?  Less Supply? – The Demand Report will confirm this Scenario 2:  Inventories […]

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August 29, 2012

Crude Oil 21-Range Technical Analysis:

BIG CLUES ON CRUDE OIL – Bearish AB=CD Pattern Provides Resistance @ 97.72 – Price Wedge, so sell the highs, buy the lows – Short term trading range, sell the highs, buy the lows – Double-Top provides Support – Double-Bottom provides Resistance – Buy-Zone uses the AB=CD Pattern to buy > 96.85 – Sell-Zone uses the AB=CD […]

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August 29, 2012

Morning Crude Oil Checklist:

Heat Map:  What is it telling us? We have falling prices this morning Overnight Highs & Lows: We have not tested the highs opening-range the lows, and this is a very narrow trading range that is considered an INSIDE DAY. What price-structures do we see? ·       Trigger-zone is support below us ·       AB=CD Pattern is […]

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August 29, 2012

Crude Oil Inventories and Hurricane Isaac up-graded

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— OPPORTUNITY; every day is a new opportunity to learn from the markets we trade, earn income for our family, and provide generations to come with opportunities to do the same.  Most people can see the opportunity that being a professional trader can bring.  Not only are we […]

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August 28, 2012

Morning Crude Oil Checklist:

Heat Map:  What is it telling us? Crude Oil is rising higher according to the heat map. Overnight Highs & Lows: We did not come close to testing overnight lows, however, the London-session highs were tested and the buyers failed.  This may result in a bearish market personality this morning and we will be keen […]

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