February 18, 2014

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil has been VERY bullish over the past week or so seeing HUGE amounts of buyers coming in to push it higher. We have now broken above supply and tested the wedge highs around 101.50’s. I am going to be looking to sell this down targeting the demand area starting at 100.67. Since we also broke the supply zone at 101.38 I will also be looking long with these buyers flooding in.

Come join us in the room and see how we do it!

Euro 60-Minute

The Euro has been VERY difficult to trade the past few days giving us almost NO solid looking price action. You can see on this chart that price has gone almost nowhere. We have no broken above the wedge high and are currently expanding higher. I am looking to buy this market higher to 1.3775 as well as looking for a bit of profit taking to sell down to retest the wedge high before continuing to the long side.

Gold 60-Minute

Gold has been EXTREMELY bullish the past few weeks seeing absolutely massive amounts of buying pushing Gold to highs we haven’t seen in quite a while! We did momentarily break out of the channel highs but quickly snapped back into the channel range. I am looking to sell this market back down to the wedge lows as well as lower under that to the BMT sitting down at 1294.9.

Russell 60-Minute

The Russell has been catching quite a bit of buying pressure pushing price very high. We are now hung up at the wedge highs that we have tested and rejected a few times now. I am looking for the sellers to come in and push price down to demand starting at 1141.8 and lower to the wedge below. If we do start breaking out above I will be looking long higher.

===========================================================

Want to see us trade LIVE? 
Click here to register for the
Free Trial!
Automated Trading Strategy; Let the
Computer do the trading
Are you a Crude Oil Trader? Click here to
trade Crude Oil
Are you a Euro Trader? Click here to
trade Euro
Are you an E-Mini Russell Trader? Click here to trade
E-Mini Russell
Are you a Gold Trader? Click here to trade
Gold
Join the Premier Live trade-room as an Advanced Member

    schooloftrade

    Click Here to Leave a Comment Below

    Leave a Reply: