April 11, 2012
- in Uncategorized by schooloftrade
+190 ticks using SPEED to confirm entry trigger buying pullbacks
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We earned over 185 ticks of profit this morning in a very exciting trading session with our members. We saw clues from the news, the dollar index and then our favorite markets such as Crude Oil, E-Mini-Russell, Euro, and Gold futures.
First, we know that on Wednesdays we need to be patient. Crude Oil Inventories on Wednesday make the price action and market personality very challenging BEFORE 1030am EST release of the news, and with an early afternoon Beige Book News release this afternoon we knew right away this morning that we would have to stay patient at the start, and then be disciplined not to over-trade too late in the day ahead of the news at 200pm EST and the Beige Book.
Read the Complete Trade Room Review here
Prepare for tomorrow’s Live Trade Room with these Charts:
Crude Oil Futures
Gold futures
E-Mini-Russell Futures
Euro Currency Futures
