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Monthly Archives: December 2012

December 10, 2012

Monday Day trading plan; schooloftrade

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— THE SPIRAL:  We develop new skills in a circular motion, which begins with us in our natural state, using our instincts to react to problems that may arise in the future.  From this point we learn new techniques, which at first, will feel unnatural and awkward.  Repeated practice and […]

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December 7, 2012

Mini-Russell day trading plan

day trading plan Mini-russell The Mini-Russell has been trading in a sideways-trading-range all week so we are assuming this is likely to continue.  We want to sell the highs and buy the lows of the sideways-trading-range and we will be looking for the reaction to the NFP news to possibly give us a breakout. As […]

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December 7, 2012

Gold day trading plan

Gold day trading plan Gold is trading at the lows of the price-wedge this morning with a big-round-number of 1700.00 above us as an excellent target for the buyers at these lows. We always want to use the big-round-numbers as price targets, and we are looking to buy-the-lows at support of 1688.0. If price moves […]

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December 7, 2012

Euro day trading plan

Euro day trading plan We called the short trade off the highs earlier this week as the euro was testing the price-wedge resistance at 3130.  Now the price-action has tumbled all the way down into the middle of the range, which means we cannot look for another entry opportunity until we get a retracement.  This […]

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December 7, 2012

Crude Oil day trading plan

Crude Oil day trading plan We can see the price-wedge on the anchor chart of Crude Oil Futures.  We are trading at the lows of this price-wedge so we are technically bullish at this support. If price falls lower we are wait for the sellers to exhaust and then buy the lows below the price-wedge.  […]

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December 7, 2012

Day Trading Plan Morning Prep; SchoolOfTrade

German Bundesbank slashes growth outlook; UK production data comes in worse than expected; Focus turns to US payrolls  ————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— DAILY LOSS:  Our lives have become increasingly complex, and each day we strive to find ways to simplify our lives by removing clutter, and letting go of things that […]

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