March 3, 2011
- in Uncategorized by schooloftrade
Day Trading and Swing Trading the Euro and E-mini Russell in our Live Trade Room Next week
– Next week we add the Euro and the Russell to our trade room.
– Calling live trades on both ADV and FT methods on 4 markets: Crude, Gold, Euro, Russell
– Trading the FDAX: use the same charts as I do for other markets
– Floor Traders: pure price action traders, and many of them now use a computer screen and the new fancy indicators that we love to use, for additional confirmation.
– Market profile is used by PIT traders because it has to do with volume at the highs and lows.
– I don’t use Fib Retracements, I don’t trust them, I use swing highs and swing lows, price levels that are previously PROVEN to be support and resistance.
