Advanced Course Trade Tutorial, Crude Oil, Euro, and Russell Trades

Crude Oil:

We open our 13-range chart on the crude oil and we see us at the highs of the channel around 76.00, so we’re looking for a selling opportunity at these highs.

o Entry short < 75.50, with targets of 40, 30, 18 (soft), and then the lows of 75.00 as the final (hard) target.





Crude Oil Up-Date

We’re waiting patiently for the crude oil inventories to be released at 1030am EST today, and that will likely gives us an entry opportunity that we can take today on the crude oil futures.

– Entry short below 75.26 is our next opportunity, first we have to clear all the support above 26’s

– Profit targets will be at 15, 75.05, and the lows of the day at 97 (1/4)



Day Trading Crude Oil Up-Date



Euro:

– The euro just broke new lows, and we took a bunch of money out of that move for our 4th winner of the day.

– Now with the dollar going sideways again, so is the euro and im waiting for a re-entry selling these highs below 91.

– Targets will be 75 (trend line), 60, and then down to 35 which is the LOD from prev days trading.



Euro Futures Day Trading

  

Russell:

– The mini Russell is also coming off its highs, giving us this short opportunity below 57.4, and on our 4-range chart we see entry specifically below 56.4, with targets of 54.0 (trend Line), 50.0 (bottom of the channel), and then down to the next level of support (swing low) at 40.



Russell Futures Swing Trading