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93 Ticks Live Today.1,000ticks this month.Re-Open Monday @ 745am don’t miss it!
The Market Gives us clues today…
800am EST
– Dollar Index Futures are trending up from yesterday
o Low average true range, so expect some sideways markets today
o Speed is a little better then we’ve seen this week
– Euro Futures are trending down; we notice a strong downward channel that doesn’t look to good for the Euro.
o Broke below 2500
o Pace of tape is relatively slow (red)
o Average true range is at its lower levels of the past 2 weeks
845AM EST
– Crude Oil futures are trading up off their lows from earlier this morning
o We noticed that we have a clear line of site to test the 75.00 if we break above the 74.10
o Crude appears to be VERY active this morning, speed looks ok, and we want to be patient and look for our pattern.
– Gold Futures trading at their all time highs from earlier this week, and now trading sideways at those highs
o The market is VERY slow and sluggish, looks like it needs more direction
o We will wait and look for the gold market to start getting some direction.
Membership:
– Free charts
– Free market data
– Lifetime access to our materials
– Lifetime access to the trade room
– sales@schooloftrade.com / Skype: SOTSales
where do I find the BIG MONEY?
– Filtered time & sales window
– Where do I find the SPEED in the market?
o Speed of the market = pace of tape indicator
If youre trading 2 markets, I use 2 DOM’s and 2 TMC’s
If im watching 4 markets…..4 of them
Entries:
– Not going to use a sloppy market order
– And im not going to leave a limit on the table either
– I need to wait for confirmation, and them get into my trade.
4 trades today, 4 Winners ($1,000 ticks this month so far!)
+93 ticks, $930usd
Only 4 contracts needed to achieve this today.
See you tomorrow @ 745am EST for the live trade room session!