day trading strategy for crude oil, gold, euro, russell and more

Dollar Index trading in a price wedge first, and then bull channel second.  trade the wedge first, and remember a wedge on the dollar index is ALWAYS a red flag for a tough day ahead.

Dollar 89range shows us the AB=CD Pattern, this is one of our favorite day trading strategies, however, you need to trade inside the wedge first.

Dollar 13range shows us the most important things this morning, the short term trend, and today we see a price wedge and a current sideways trend.  Sideways dollar tells us to buy at support and sell at resistance with no directional bias, and remember this can change very quickly.

Euro 144range shows us the price wedge, the short term channel, and then major levels of support and resistance, including the most important swing highs and swing lows for this day trading strategy.

The Faster Euro 89range shows us the same ‘stuff’ as the slower timeframe chart, however this time we can confirm exactly where the best levels of support and resistance will be for our TRADES today.

Gold Futures trading in a very specific price structure and we will use this for clues to this day trading strategy.  Buy the lows, sell the highs, avoid the middle, thats the key.  And remember that we are looking for the highest % trade at the ‘D’ poinit 1750 area for buying opporutnity later today or later this week.

Russell Futures trading in the same price wedge as earlier this week.  We know the buy the lows, sell the highs, avoid the middles, and keep an eye on the buy zone for the best opportunity today.