123 Ticks Live Today! 4 Days in a row +100 ticks! Webinar Tomorrow don’t miss it!

The Market Gives us clues today…

o DX = 84.725

o Euro = 1.2679

845am EST

– Crude Oil futures trading sideways at their recent lows

o Very slow speed < 100 on the Pace of Tape

o Average true range is getting lower by the day this week. This means price action on the crude oil is less than desirable.

930am EST

– Gold Futures trading sideways just off their all –time highs

o Speed on the gold has been very slow and concerning

o Average true range on the gold is not horrible, it’s the not the worst we’ve seen this week, but its certainly not RISING as the day moves forward.

o Lets wait to see if this price is going to sit in this sideways range.

1045am EST

– Gold Futures are VERY slow

o Pace of tape < 100

o Chopping around trying to find some direction

– Crude Oil futures came out of its 1030 inventory news number with a very sluggish reaction

o Very slow, and sideways price action

1100am EST

– Now seeing the ‘dead zone’ set in

o 1030-1130am EST

o No more news, outside of the first hour of the market, and we tend to see things slow down.

– 1130 we have more vol b/c the Euro session ends, so we will wait for 1130am to see if we get any more volume.

1130am

– Volume returns and we saw 3 more entries that were all winners!

– Another example of how valuable PATIENCE is in our day trading futures contracts.

9 trades today, 8 Winners, 1 Loss. +123 ticks, $1,230usd

Only 4 contracts needed to achieve this today!

See you tomorrow @ 745am EST for the live trade room session!