Archive

Monthly Archives: June 2013

June 10, 2013

Mini-Russell day trading plan

Mini-Russell Day trading plan The first thing I see is the short term sideways-trading-range and we are trading in the middle of this range this morning.  We are stuck trading at the highs of the major trigger-zone from swing-high down to swing-low.  We can see the line-in-the-sand at 989.1.  If we can get a 5-Minute […]

Continue reading
June 10, 2013

Euro day trading plan

Euro 60-Minute Chart The euro is trading in a narrow sideways-trading-range with the buy and sell-zones above and below us, almost trapping the price-action into this range.  We can see a bullish price-channel with the lows around 1.3150 and we will use these lows as a selling profit-target or a buying opportunity.  I think the […]

Continue reading
June 10, 2013

Gold Day trading plan

Gold 60-Minute Chart Gold 5-Minute I can see gold Futures trading at the lows of the price-wedge this morning so we look for the high-percentage-trades to be LONG.  We can see price-action has buried into the buy-zone in green, and we only have a small sell-zone around 1386 and that is all we have to […]

Continue reading
June 10, 2013

Crude Oil day trading plan

Crude Oil Hourly Chart The hourly chart of Crude Oil shows us a bullish price-channel and we have price-action moving lower off the highs.  We can see support at the price-channel lows around 95.00 which we will use a profit-target for short-selling and an ideal location for a price-reversal and a buying opportunity.  If prices […]

Continue reading