February 21, 2012
- in Uncategorized by schooloftrade
Avoid Losses with this day trading strategy
Our day tradingstrategy this morning was very simple.
We knew that we had very little news to work with in the US trading
session, and we had news over the LONG Holiday Weekend regarding Greece and
Iran which were causing markets to act a little sluggish but we knew that they
could breakout easily.
We knew that we had very little news to work with in the US trading
session, and we had news over the LONG Holiday Weekend regarding Greece and
Iran which were causing markets to act a little sluggish but we knew that they
could breakout easily.
 |
| JJ’s Day Trades Today |
The first clue we saw
this morning was from the dollar index which was trading inside the range
from Monday and also inside a price wedge and sideways range. We knew right away that this dollar index has
to start moving higher or lower if we want to have some decent trading
opportunities today.
this morning was from the dollar index which was trading inside the range
from Monday and also inside a price wedge and sideways range. We knew right away that this dollar index has
to start moving higher or lower if we want to have some decent trading
opportunities today.
 |
| Dollar Index Day Trading Strategy |
The second clue we
got was from the crude oil futures, which was trading in the middle of Monday’s
trading range, and when it tested (and failed) to move below the PLOD we
knew to buy the lows, which we did on 2 winning fast track method trades,
making it easy for our members to trade along with me this morning. I personally took a more aggressive entry on
the long from the PLOD and lost some money on the first trade of the day…the
fast track method held onto the trade and made that money with ease! This was a great example of how the fast
track method is conditioning you to trade with the correct habits.
got was from the crude oil futures, which was trading in the middle of Monday’s
trading range, and when it tested (and failed) to move below the PLOD we
knew to buy the lows, which we did on 2 winning fast track method trades,
making it easy for our members to trade along with me this morning. I personally took a more aggressive entry on
the long from the PLOD and lost some money on the first trade of the day…the
fast track method held onto the trade and made that money with ease! This was a great example of how the fast
track method is conditioning you to trade with the correct habits.
 |
| Crude Oil Day Trading Strategy |
Here are both of the Fast Track Trades that were called live ahead of time in our trade room this morning, making it easy for anyone to enter these trades long, place the stop and targets and let them run! Another example of an effective strategy at work!
Did you miss the
action in our live trade room today?
Come see us again tomorrow when we re-open at 730am EST for members and
2-week trial guests.
action in our live trade room today?
Come see us again tomorrow when we re-open at 730am EST for members and
2-week trial guests.
Have
you seen our automated-trading strategies? You don’t
want to miss these, earning over $2500 per contract per month with
fully-automated trading strategies that allow your computer to do all the
trading for you.
