Archive

Monthly Archives: September 2012

September 14, 2012

Morning Mini-Russell Checklist:

Heat Map Review: Heat map says the Mini-Russell is a moving market, so im looking for high-percentage-trades. Overnight Highs & Lows: We are above the PHOD we have a STRONG candle and this all tells us this market is bullish, we need a wave-long to enter. Inside or Outside Day? We are outside day on Mini-Russell […]

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September 14, 2012

Morning Euro Checklist:

Heat Map Review: Euro is a moving market according to the heat map. Overnight Highs & Lows: Very similar to Crude Oil this morning, the buyers took control, they pushed new higher-highs and now we have a confusion candlestick pattern that tells us this price-action is likely to either move higher and re test he […]

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September 14, 2012

Morning Crude Oil Checklist:

Heat Map Review: The heat map says 1.5% volatility, which means this is a moving market (anything greater than or equal to 0.3%) so we will look for trading opportunities now. Overnight Highs & Lows: We can see the buyers tried, however, they failed, and now the patterns say bearish and we want to sell this. Inside […]

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September 14, 2012

Fed plans to print more cash, Europe news comes out bullish, Lots of News in US today

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— LEFT AND RIGHT:  Take a look at your hands today, both the left and right.  In western cultures the right hand is associated with correctness, and righteousness.  In eastern cultures the right hand is considered the hand of violence, because so many people were right-handed and it was used […]

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September 13, 2012

How do you scale-into a trade?

How do you add onto a position? – Begin by selling short 1 contract – Add to your position by using a   Sell Stop to add 1 contract short.   (placed on the dom, no ATM needed) – NT will average your entry price – Our trade plan tells you where to place   […]

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September 13, 2012

Morning Mini-Russell Checklist:

 Heat Map Review: Heat map confirms this market personality is bearish at a -0.4% Overnight Highs & Lows: We can see this is a range-bound market with the buyers failing, and then later this morning the sellers failing.  This creates a short term trading range, and we want to buy the lows and sell the […]

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September 13, 2012

EURO Currency Futures prep

We find the Euro this morning trading at its trigger-zone highs, which is major resistance.  We also can see the Dollar Index is moving higher, off the lows of the bear channel support.  The euro and the dollar have a negative correlation, and this is a big clue for falling prices on Euro, while we […]

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September 13, 2012

Morning Crude Oil Checklist:

Heat Map Review: This heat map confirms Crude Oil is bullish Overnight Highs & Lows: We have a range-bound trading day on our hands with Crude Oil this morning.  Sellers failed overnight and the buyers are just about to fail as we speak. Inside or Outside Day? We are in the middle of Wednesday’s trading […]

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