July 10, 2013

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil is STILL stuck in the middle. The inventories coming out today might give it the push it needs so for right now I am sitting on hands but am looking overall to buy with the bullish nature to this market.

Euro 60-Minute

The Euro is caught at the highs of the wedge above, but the wedge is kind of in the middle. I am looking to sell the minor wedge above but overall looking to sell the bigger channel higher up near the BMT.

Gold 60-Minute

Gold Futures are RIGHT at the wedge highs right now so I am looking to sell this back down. I will need to be careful as we have the BMT below us and it might get choppy around there.

Russell 60-Minute

The Russell still looks pretty weak at these highs and now we are at the trend line high as well. I am looking to sell this market back to the channel lows but I don’t think the channel lows will hold, or if they do it will only be temporary.

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

    schooloftrade

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