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Monthly Archives: August 2012

August 28, 2012

Home Sales, Manufacturing Reports, and Bond Sales in US today

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— PERFECT TIMING:   It’s not uncommon to hear a professional trader say that one day they had the ‘moment of clarity’ where it all seemed to make sense.  Furthermore, many traders regret for not getting to this point faster, thinking to themselves ‘if only I would have known this […]

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August 23, 2012

Morning Crude Oil Checklist:

Heat Map:  What is it telling us? Heat map says bullish and the chart with market personality says bearish.  Overnight Highs & Lows: We broke above the PHOD and the buyers failed, which was then followed by a strong bearish push lower, then made even more bearish with the higher jobless claims news at 830am […]

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August 23, 2012

Reaction from China Manufacturing Reports, Jobless Claims, Natty-Gas

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— Greater Purpose; every successful trader has one thing in common, a greater purpose than themselves.  Some traders are working for family, others looking for fame.  Most traders begin looking for mountains of profits, and once they reach the top of their careers they begin to work for […]

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August 22, 2012

Morning Euro Checklist:

EURO CHART PREP Heat Map:  What is it telling us? The heat map isn’t too convincing with not a lot of volatility in this market at this time.  This may change so be prepared. Overnight Highs & Lows: We have the buyers failing above the overnight highs, and now we see the sellers are struggling […]

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August 22, 2012

Crude Oil Inventories & FOMC Meeting Minutes

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— GRATITUDE:  Our busy lives often don’t give us a chance to practice the art of gratitude, but it’s one of the most important skills a professional trader can learn.  Look around you today; there are surely many reasons to be grateful, no matter where we are […]

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August 21, 2012

Morning Crude Oil Checklist:

CRUDE OIL CHART PREP Heat Map:  What is it telling us? Heat Map says a bullish 1.3% and this makes sense considering the positive market sentiment in Europe and the dollar index collapse this morning. OHLC Analysis: We see the buyers took control at the PHOD as the sellers could not reverse off the highs. […]

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August 21, 2012

Morning Dollar Index Checklist:

DOLLAR INDEX CHART PREP Heat Map:  What is it telling us? We see a negative 0.4% on the heat map which tells us we can indeed use the dollar index correlation, and we will assume this dollar is bearish, so we are bullish, until something changes. OHLC Analysis: We can see the buyers failed, the […]

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August 21, 2012

Traders Prep for Redbook while reacting to Europe

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— The Trader’s Journey; A professional trader goes through many phases of their careers, and even though every person has a different story to tell, they are always consistent with other traders.  Think of where you are today, where you’ve been in the past, and where you’re working […]

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August 20, 2012

Monday Morning Traders Prep

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— Success is in the eyes of the beholder; Professional traders understand that everything is mental when it comes to our own success.  Everyone is different, which makes this world an amazing place to do business and as an individual we all have different opinions on value in […]

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