Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Day Trading the news with Crude Oil, Gold, Euro and Russell Futures

Day Trading the news with Crude Oil, Gold, Euro and Russell Futures

Ratings: (0)|Views: 13|Likes:
Published by Joseph James
My head is still spinning from crude oil this morning moving up and down giving us the opportunity to earn over 330 ticks of profit today,
We began our day a little concerned that we had TOO much news to worry about, so we prepared for the EMOTIONAL battle that would be coming after we got started, and I’m glad we did.
We began on crude oil trading around the 100 big round number and with the dollar dropping we were trying to buy back above the 100 level to test new highs again.
After trying to get above 100 twice and failing, we then saw the crude oil fall, and we bought at support levels all the way down to 97.00 towards the end of the morning.
We sold the highs on gold for 65 ticks of profit trading gold, and took 2 fast track winners on gold as well!
We traded the news at 11am on crude oil for profits, we avoided trading during the most volatile times when crude was moving too quickly during the news, and traded our plan perfectly today.
You don’t want to miss this recap video, you will use these techniques in your trading the very next day!
My head is still spinning from crude oil this morning moving up and down giving us the opportunity to earn over 330 ticks of profit today,
We began our day a little concerned that we had TOO much news to worry about, so we prepared for the EMOTIONAL battle that would be coming after we got started, and I’m glad we did.
We began on crude oil trading around the 100 big round number and with the dollar dropping we were trying to buy back above the 100 level to test new highs again.
After trying to get above 100 twice and failing, we then saw the crude oil fall, and we bought at support levels all the way down to 97.00 towards the end of the morning.
We sold the highs on gold for 65 ticks of profit trading gold, and took 2 fast track winners on gold as well!
We traded the news at 11am on crude oil for profits, we avoided trading during the most volatile times when crude was moving too quickly during the news, and traded our plan perfectly today.
You don’t want to miss this recap video, you will use these techniques in your trading the very next day!

More info:

Published by: Joseph James on Feb 24, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOCX, PDF, TXT or read online from Scribd
See more
See less

05/12/2014

pdf

text

original

 
Schooloftrade.com Market Commentary 2.24.11
830am EST-
 
Dur
able goods come o
ut
m
u
ch lowe
r
 
t
han expec
t
ed wi
t
ho
ut
 
t
he a
ut
o ind
u
s
try,
le
t
s see how
t
he ma
rk
e
t
 
r
eac
t
s
t
o
t
his-
 
Jobless claims come o
ut
fla
t,
as expec
t
ed-
 
Remembe
r
 
t
hese news even
t
s a
r
e j
u
ggled a
r
o
u
nd fo
r
Th
ur
sda
y
beca
u
se of 
t
he holida
y
on Monda
y
 835am es
t
 -
 
We chec
k
 
t
he dolla
r
index
t
o see how
t
he speed and
t
he ave
r
age
tru
e
r
ange is ac
t
ing.-
 
We see highe
r
lows on
t
he ATR so we a
r
e anxio
u
s
t
o see wha
t
 
t
he da
y
b
r
ings.-
 
We fo
r
m
u
la
t
e a q
u
ic
k
plan of a
tt
ac
k
 
u
sing
t
he dolla
r
34
r
ange cha
rt
 -
 
If 
t
he dolla
r
d
r
ops
t
o
t
es
t
 
t
he lows of 77.00
t
his will
r
es
u
l
t
in
t
es
t
ing
t
he highs on c
ru
de
,
gold
,
e
ur
o
,
R
u
ssell
,
 e
t
c.-
 
If 
t
he lows hold on
t
he 77.00 level of 
t
he dolla
r
and
t
he
DX
 
r
ises
,
 
t
his will give
u
s an excellen
t
chance
t
osell
t
he highs of 
t
he ma
rk
e
t
s we
tr
ade mos
t
.-
 
If 
y
o
u
see
t
he lows hold
,
loo
k
ing fo
r
selling oppo
rtu
ni
t
ies on
t
he ma
rk
e
t
s we
tr
ade mos
t
.845am es
t
 -
 
We
t
a
k
e some
t
ime
t
o
r
eview
t
he ave
r
age
tru
e
r
ange on
t
he gold and we lea
r
n some val
u
able
t
hings
o
 
Range is ge
tt
ing wide
r
 
t
oda
y
 
o
 
We
r
e no
t
a
t
 
t
he bes
t
levels
t
o
tr
ade a
t
YET
t
oda
y
 
o
 
The bes
t
 
r
anges we
r
e af 
t
e
r
10am EST on
t
he gold-
 
Ve
ry
slow and sl
u
ggish in
t
he ma
rk
e
t
s
r
igh
t
now af 
t
e
r
 
t
he 830am es
t
news came o
ut
fla
t
.-
 
C
ru
de oil
try
ing
t
o naviga
t
e
t
he lows of 
t
he wedge and
t
he lows of 
t
he p
r
ice channel-
 
Gold
try
ing
t
o ma
k
e new highs b
ut
 
ru
nning in
t
o
tr
end line
r
esis
t
ance.915am es
t
 -
 
The c
ru
de oil ma
rk
e
t
has been violen
t
l
y
moving a
r
o
u
nd
t
he 100.0 level-
 
We no
t
ice
t
he dolla
r
has NOT moved an inch-
 
The
r
efo
r
e we ass
u
me
t
his WHOLE move is based on FEAR and SPECTULATION abo
ut
 
r
ising p
r
ices.-
 
The lac
k
of dolla
r
movemen
t
 
t
ells
u
s
t
o expec
t
p
r
ices
t
o
r
e
tur
n
t
o
t
hei
r
p
r
evio
u
s levels.-
 
We con
t
in
u
e
t
o see mo
r
e news cha
tt
e
r
 
r
ega
r
ding
t
he middle eas
t
 -
 
We will con
t
in
u
e
t
o wa
t
ch
t
he
D
OLLAR
t
o see if 
t
he
r
e is an
y
long
t
e
r
m f 
u
ndamen
t
al view on
t
he p
r
ice of c
ru
de oil1030am es
t
 -
 
The ma
rk
e
t
pe
r
sonali
ty
on c
ru
de oil slows down
tr
emendo
u
sl
y
ahead of 
t
he 11am news fo
r
c
ru
de oilinven
t
o
r
ies-
 
Remembe
r
 
t
his news is
u
s
u
all
y
on Wednesda
y
@ 1030am
,
so
t
his is diffe
r
en
t
.-
 
The 34
r
ange cha
rt
of 
t
he gold shows a ve
ry
sidewa
y
s ma
rk
e
t,
wi
t
h candles
t
ic
k
s on
t
op of 
t
he o
t
he
r
s andshowing no
t
m
u
ch movemen
t
 
t
o new highs o
r
new lows1100am EST

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->