Archive
Monthly Archives: September 2013
September 30, 2013
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President Obama on the Topic of the Possible US Shutdown
(US) President Obama: If Congress does not fund budget, the govt will shut down – press conf- Some of the services including social security operations, postal service, public security services will continue. – Shutdown will have a very real economic impact. – Would veto recent House amendment to continuing resolution. – Shutdown is entirely preventable […]
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Markets Rattled by Political Crisis on Both Sides of the Atlantic
– Political crisis in Washington, DC and in Italy are hammering global equity markets this morning. Equities are making up for steep pre-market, although European indices look to close not far up their lows. As of writing, the DJIA is down -0.63%, the S&P500 is down 0.45% and the Nasdaq -0.27%. – In Italy, ministers […]
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Major Futures Markets Day Trading Strategies
Crude Oil 60-Minute Crude Oil is creating new wedge lows and because of this, I will be continuing to look short further down to 101.00 or lower. Until we have price pull up a bit giving us a solid swing low, we will keep looking short. I will consider longs if the pattern sets up […]
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E-Mini ES Day Trading Strategy; SchoolOfTrade.com
E-Mini ES Anchor CHart We open the VIP chart and we see some very important clues that change our opinion of where we should be trading this morning on the E-Mini S&P. First, we see the price-action closed at the highs on Friday, which is a VERY BULLISH clue. Second, we see the BIG GAP […]
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Automated Trading Strategy Review – Gold Futures
Gold Auto Trader Gold has been on an absolute tear the past few weeks and has been making HUGE gains! We have been VERY active the past few weeks taking several trades, but with these kinds of profits, I am not going to say no! Gold Futures brought in a solid $3,650 in the past […]
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Mini-Russell Day trading strategy; SchoolOfTrade.com
Mini Russell Anchor CHart We analyze the Mini-Russell Futures and the anchor chart shows us a red cloud which suggests a strong bearish market sentiment or trend in the price-action this morning. Lower-highs and lower-lows suggest that the sellers are in control and that we should seek selling-opportunities for the high-percentage-trades today. We dig in […]
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Crude Oil Day trading strategy; SchoolOfTrade.com
Crude Oil Anchor Chart We analyze Crude Oil and we see a strong bearish trend with lower-lows and lower-highs along with support levels below us at 98.40, 95.312, 90.91, and 88.29. we will be selling short this morning and we will use these support levels as our runner profit-targets. Crude Oil VIP Chart We can […]
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Euro Day trading strategy; SchoolOfTrade.com
Euro Anchor Chart We analyze the Euro this morning and we can see a sideways-trading-range with NO higher-highs or lower-lows and a very narrow ‘cloud’ which all suggest there is no trend, which means we will use the trading-range as our biggest clue to buy-the-lows at support and sell-the-high at resistance. The Euro has traded […]
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Gold Day trading strategy; SchoolOfTrade.com
Gold Anchor Chart Gold is trending LOWER this morning on our anchor chart. We can tell the trend is bearish because we see lower-lows and lower-highs, along with a red ‘cloud’. Gold VIP Chart We analyze the 15-minute VIP chart and we can see more confirmation that we need to sell short this morning after […]
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Crude Oil Day trading strategy; SchoolOfTrade.com
7:30am EST Focus-Points this morning: · Equity markets slump over political concerns in the US and Italy. · Possible Government shutdown over debt limit has 24-hour deadline and has traders distracted in the US · Traders prepare for Non-Farm Payrolls to be released on Friday · Traders in the US look forward to Manufacturing reports […]
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