Challenging Day Reveals Great Trade Opportunities

The euro futures are trading sideways at the highs of the trading range from earlier this week so we have 2 options.

  • Buy the breakout above 78
  • My final target will be the trend line (blue) overhead around 90’s
  • Sell short with reversal pattern below 54.
  • Profit targets of 45, 35, soft 20 and hard final target of 3805



Euro Futures Day Trading



Crude Oil Futures:

1100am EST

– The markets are VERY slow right now so use extra caution

– Crude oil futures making new swing highs, but still very slow.

– Best option is for the breakout to the long side with entry above 17

– We just saw the attempt to break above 14, but it never triggered, so watch speed and momentum at the time of entry to confirm.

– Profit targets of 27, trend line, soft 75, and hard final target of 84.00 big round number.



Crude Oil Day Trading



    schooloftrade

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    Joseph James - October 6, 2010 Reply

    we grabbed the crude oil for a nice big winner in the trade room today! hope you grabbed some profit with us too!

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