May 31, 2012

Another reason to follow a proven trading plan; Crude Oil & E-Mini-Russell earn +165ticks

 

This morning we had some big clues from the news, market personality and the dollar index which helped us earn over 165 ticks of profit.  Fast Track Method earned over 200 ticks of profit this morning as they followed a very simple and methodical day trading strategy that tells them exactly what to do, and how to do it.

The first thing we saw this morning was the European news overnight, which was bullish.  Bullish news on the euro caused the dollar index to drop, and this was pushing everything higher in the pre-market today.  The news overnight was a big clue because we used it to interpret the news that was released in the US Morning session.  This simple strategy of looking at the news from overnight helped us determine the market personality this morning.

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