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Monthly Archives: December 2012

December 14, 2012

Crude Oil Day trading strategy

Crude Oil Day trading strategy As of 9:30am EST we are trading in the middle of the range and the price-wedge.  We can see three trading opportunities at this time. If price rises higher we will be looking at a higher-risk wave-pattern-short using the resistance trigger-line at 86.41 for the entry.  We may not see […]

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December 14, 2012

Crude Oil day trading plan

Crude Oil day trading plan We can see easily the sideways-trading-range that Crude Oil is trading in this morning.  This also comes in the middle of the range from yesterday.  We are between the PHOD and the PLOD which means the market personality is trading sideways.  With this said our goal today is to buy-the-lows […]

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December 14, 2012

Friday Morning Day Trading Plan; SchoolOfTrade

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— THE KING:  Professional traders understand they must rule their lives like a king rules over a kingdom.  Sure, there are many perks to being a king, just like there are for being a professional trader, however we need to remember that those benefits comes with some […]

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December 13, 2012

Morning Day Trading Plan Prep; SchoolOfTrade

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— OPPORTUNITY:  Every trading day is a new opportunity to improve as a professional trader, and we have the luxury of live price-action to be our teacher.  There is a never-ending supply of learning (and earning) opportunities in the marketplace every day we just need to know where to […]

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December 12, 2012

FOMC Announcement Headlines

– The FOMC decision is a three-act drama today: the policy statement drops around 12:30ET, economic forecasts come at 14:00ET and Chairman Bernanke’s press conference is at 14:15ET.  Analysts expect Operation Twist to be replaced with un-sterilized Treasury purchases of roughly the same size. The Fed has signaled that it would like to supplement or […]

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December 12, 2012

Crude Oil day trading up-date +125 ticks

Crude Oil day trading Fourth trade of the morning for Crude Oil Futures uses the Crude Oil Inventories news which came out bearish along with the technical entry on our charts below 86.70. We used symmetry patterns to plan the final profit-target along with previous swing-low levels on the floor-charts. We have now earned over […]

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December 12, 2012

Mini-Russell day trading plan

Mini-Russell day trading plan   We can see the Mini-Russell has been moving to new higher-highs this morning, and its sitting on top of the range from Tuesday.  We know the PHOD and PLOD are ‘electric levels’ and as we call them ‘turning points’ in the market.  This means that if price-action moves higher we […]

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