Archive
Monthly Archives: November 2013
November 8, 2013
- in Uncategorized by schooloftrade
Day Trading Morning Prep 11/08/13; SchoolOfTrade.com
Day Trading Morning Prep 11/08/13; SchoolOfTrade.com 7:30am EST Focus-Points this morning: · Traders prepare for today’s US Non-Farm Payroll Report at 830am est · European traders still reacting to Thursday’s surprise rate-cut from the ECB, although risk-appetite has been muted ahead of Non-Farm Payroll news · S&P cuts France’s Sovereign Rating to AA and the CAC-40 tumbles · China’s […]
Continue reading November 7, 2013
- in Uncategorized by schooloftrade
Simple way to catch a falling knife; Gold price-reversal trade
This morning we saw a huge drop in Gold prices after major news sent the price-action tumbling to new lower-lows after 8:30am EST. One common question I get in our Live Trade Room is ‘how can we profit from this big move without a lot of risk?’ Join our Trial Membership to learn more In […]
Continue reading November 7, 2013
- in Uncategorized by schooloftrade
Wedge Breakout Trading On Gold Futures; SchoolOfTrade com
Today we take a look at Gold Futures after a VERY steep sell off from the news this morning. This gave us a KILLER opportunity to hop on board and sell the retest of the wedge lows after torching straight through them, then coming back up and testing them again. This trade gave us a […]
Continue reading November 7, 2013
- in Uncategorized by schooloftrade
Major Futures Markets Day Trading Strategies
Crude 60-Minute Crude Oil has pushed higher into the wedge highs after they were expanded higher giving us the retest we were looking for. Now that we have fallen off those highs, I will be looking to sell this market lower towards 93.68 as well as further down to 93.07 and the wedge lows under […]
Continue reading November 7, 2013
- in Uncategorized by schooloftrade
Automated Trading Strategy Review – E-Mini Russell Futures
Russell Auto Trader The Russell has had quite a bit of intraday action going on with it lately and has been quite active giving us quite a few trading opportunities in the TREND Auto Trader! The Russell has been one of our money makers this year consistently bringing in quite a nice sum of money […]
Continue reading November 7, 2013
- in Uncategorized by schooloftrade
Morning Prep 11/07/13; SchoolOfTrade.com
7:30am EST **SOT 2013 Members Trading Summit is officially SOLD OUT! Focus-Points this morning: · European traders waiting for the ECB rate announcement 745am EST · US traders waiting for GDP & Jobless Claims news at 830am EST ahead of Friday’s Non-Farm Payrolls · Hang Seng is lower -.70% (22,881) · FDAX is higher +.05% […]
Continue reading November 6, 2013
- in Uncategorized by schooloftrade
The FED keeps on track
The FED tells us that ‘tapering’ will be ‘data-dependent’ which leaves the door wide open for the Fed to taper before OR after the New Year. Inflation is below 2%, which is great, but the unemployment rate remains higher than desired. At this time there is no firm indication that tells us WHEN or HOW […]
Continue reading November 6, 2013
- in Uncategorized by schooloftrade
Coin Flip Theory In Trading; SchoolOfTrade com
Today we take a look at the Coin Flip Theory and how we can apply this useful bit of information to our trading methodology. We can find a lot out about our trading by just using this theory to our advantage to help us find the best types of risk management structures we should be […]
Continue reading November 6, 2013
- in Uncategorized by schooloftrade
Chart Types & When To Use Them; SchoolOfTrade com
Today we take a look at the different type of charts that we use for every part of our trading methodology as well as why we use them. This touches base on Weekly, Daily, Minute, Tick, AND our new JJ_Bars chart types that help us with anchor charts as well and entry charts! Come join us […]
Continue reading November 6, 2013
- in Uncategorized by schooloftrade
Major Futures Markets Day Trading Strategies
Crude 60-Minute Crude Oil is currently approaching the wedge highs around 94.30 or so. I am looking to take this market short down to 93.07 at the previous swing low as well as a bit lower to the wedge lows below that. The wedge high above us is a minor wedge high so if we […]
Continue reading