Major Futures Markets Day Trading Strategies

Crude 60-Minute

We blew through the bottom of the wedge lows. I am looking to sell this market down to the major wedge lows below us. Since that is quite a ways away, I would anticipate a bounce around 104.07, 103.15 and 102.76 first before getting down to it. 

Euro 60-Minute

The Euro is at the channel low and bouncing pretty aggressively. I will be looking to buy this market back up to the highs at 1.3263. If we move to those highs, I will be looking for a blow-off at the highs for all the potential stops above the market.

Gold 60-Minute

Gold is bouncing off of the channel lows right now into the old wedge high. I am looking to buy this up to the previous wedge high and then I will be looking for a bounce back down. Since we previously broke this wedge high, I will not be using it as a line in the sand kind of wedge. More like a zone at this point.

Russell 60-Minute

The Russell is at the wedge lows right now and looking to bounce up. It looks like we had a blow-off through the BMT and the wedge low and are now coming back. I am looking to take this long back up to the 1046 area before looking short again.

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