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Monthly Archives: December 2012

December 3, 2012

Crude Oil day trading plan up-date

Crude Oil market personality has changed dramatically since our first few trading opportunities this morning selling the highs of the range. Now at 1045am EST we have an obvious slowdown in the price-action and it appears we are trading sideways inside the opening range.  We can see lower highs and lower lows along with the […]

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December 3, 2012

Mini-Russell day trading plan

We can see the Mini-Russell Futures trading at the highs of the bearish price-channel and it just recently failed above the PHOD.  This is a very big clue for the sellers if these buyers cannot keep the price-action above the PHOD it will tumble all the way back down to the PLOD. If price rises […]

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December 3, 2012

Gold day trading plan

We can see the Gold Futures trading in a long term bull price-channel inside the range from Friday.  We are below the PHOD and above the PLOD so this morning is considered an inside-day and we trade this price-structure like a range-bound market.  We will buy-the-lows at support and sell-the-high at resistance until we breakout […]

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December 3, 2012

Euro day trading plan

We can see the euro currency futures are trading in a sideways-trading-range with a sideways price-wedge.  We can see we are trading above the PHOD from Friday.  And we have major resistance right above us as 1.3090. We also remember the Dollar-Index correlation will be one of the most important things to consider when trading […]

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December 3, 2012

Crude Oil day trading plan

We can see the bearish price-channel and we just recently broke to new higher-highs into the trigger-zone resistance overhead. This tells me the buyers are trying to force this price-action to push through major resistance.  We know that the high-percentage-trades on a BEARISH price-channel is to sell-the-high at resistance.  We also know that when we […]

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December 3, 2012

Monday Morning Day Trading Plan; SchoolOfTrade

————————————————————————————— The James’ Report:  Day Trading Strategies for Professional Traders ————————————————————————————— THE STREAM:  Just as a stream flows down the mountain, the process of learning a new skill takes twists and turns as it develops its way through this process.  Take notice that the stream flowing with water will undoubtedly encounter rocks and obstacles on the way down into […]

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