July 1, 2013

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil is breaking through the upper wedge and creating a possible blow off. I will be looking to buy this short term, but overall looking for a failure back to the lows of the minor trend line below.

Euro 60-Minute

The Euro was catching a nice bounce at the trend line highs so I am looking to sell it back to the lows. We keep failing at the lows so I would expect to see a possible double bottom down there. 

Gold 60-Minute

Gold Futures are hung up at these highs of the wedge. I am looking to sell this back down to a VERY high percentage buy zone below.

Russell 60-Minute

The Russell seems to be a bit hung up in the middle of no where right now. I am sitting on hands until I can see either a retest of the minor trend line below or a BIG move up to the wedge highs above.

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    schooloftrade

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