Trades called in our live trade room making us profit day trading euro and crude oil

Hey guys, what an exciting day its been!  Discretionary and Auto-Trader making money today across the board, its great to be trading a method that works in all directions.

Before we start our private members-only training this morning we called a few trades in a position-trade environment.  In other words, not holding overnight, but it may take all day to play out.

For example, here was the Euro Currency Future.  This was an easy trade to call, and its taken only a few hours to make us some easy money.

The plan was simple.  Get short on the Euro if it broke below the reversal zone, which it did, just before lunch today EST.  The entry was easy, KNOWING WHY we took the trade short was reviewed with members only.

The key to this trade was knowing how to use our channel price structures, along with the trigger zone tool, something you will learn as a member.

Trade management was key to our success too.  Entry short from 1.3940 we took profit at the major trend line support, i took 2 of my 4 contracts off at 1.3929 and then moved my stop from the previous swing high down to something more manageable, in this case it was the GREEN trigger line, the 21r trigger.  I will keep moving it down with this trigger line the rest of the way.

The next profit target we take is at the big round number because strange things happen around them, and we are oversold, so it was a safe bet to lock up 1/4 of my position at 1.3915 (15 ticks above the BRN 1.3900.

Final target is a little tricky, I WANT to hold onto this down to the BMT and BRN at 1.3800 but I have a feeling this market may have some slop and chop headed its way as the days close up so I will take profit on my final 1/4 of my position at the low end of the new trigger zone, which I show on the 89range chart, from major swing low to the most recent swing high.

Total it all up, and 4 contracts on this is earning me over 100 ticks of profit.

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and we CANT forget about crude oil….where did it end up today?  93.00

I dont think i have EVER seen a Double-Top/Bottom fail…this is another example of the POWER of our trading methods.  It doesn’t matter what time-frame, market, or size of your position, anyone can use these strategies to profit with me every day.

If you missed our trade room this morning you missed a LOT, come join as a member and make money with us every day using opportunities like these.

Crude Oil was an easy buy above 92.77 to complete this move to 93.00…but you already heard us talk about that at 730am est today.  We called it! 🙂  great work everyone!