September 24, 2010

Sell Highs on Gold and Crude Oil for +50 ticks

Gold Futures:

– Watching the gold futures for a breaker long above 1301.6, and a 2-step short below 97.2


Gold Futures Day Trading

Euro Futures:

– Euro futures at the lows of the slower timeframe (34range) which tells us the buy-side is the better side to be trading right now

– I open my 13-range (day traders timeframe) and I see a breaker long above 3474, with targets 95, 15, and the high of the channel @ 40

– I also see a 2-step reversal off the high of day, we need to get below the support, with entry below 3434, and targets of 18, 00 (big round number) and then the lows of the channel @ 67
 



Euro Day Trading



    schooloftrade

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