March 1, 2012
- in Uncategorized by schooloftrade
DAY TRADING STRATEGY Review
Euro moving lower
into double-top support, so looking for price reversal buying opportunities
at PLOD 1.3315 or if we make new lower-lows we will sell retracements.
into double-top support, so looking for price reversal buying opportunities
at PLOD 1.3315 or if we make new lower-lows we will sell retracements.
Crude oil trading
outside day at this time, just above the PHOD so we’re buying pullbacks. Remember to look to look for the failure if
prices drop below the PHOD we will start selling.
outside day at this time, just above the PHOD so we’re buying pullbacks. Remember to look to look for the failure if
prices drop below the PHOD we will start selling.
Gold futures trading
inside the range from Wednesday, so we treat this as range-bound, buying
the lows and selling the highs. As price
falls to the price wedge lows we are going to buy the lows and as price rises
to the resistance at 1732.7 and trigger-zone overhead we are looking to sell
the highs. Buy the lows/support and sell
the highs of this price wedge.
inside the range from Wednesday, so we treat this as range-bound, buying
the lows and selling the highs. As price
falls to the price wedge lows we are going to buy the lows and as price rises
to the resistance at 1732.7 and trigger-zone overhead we are looking to sell
the highs. Buy the lows/support and sell
the highs of this price wedge.
E-Mini-Russell
day trading strategy uses the price wedge and the inside day as our biggest
clues. Buy the lows/support and sell the highs of
the price wedge and if price moves below the PLOD we are selling retracements and
also looking for the sellers to fail below PLOD and we will then aggressively
buy when price moves back above the PLOD.
Looking for fake-out breakouts with a price structure inside day/outside
day transition within a price wedge.
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| Euro |
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| Crude |
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| Crude |
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| Gold |
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| Russell |
