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Day Trading Strategy Review 06/25/13
morning we are always focused on being prepared for whatever the day brings for
trading opportunities and this morning we used our Morning
Newsletter as our guide day trading through our favorite futures
markets.
Dollar Index Chart |
dollar-index was moving HIGHER this morning, which told us to look for selling
opportunities on markets such as Crude Oil, Euro, and Gold. We didn’t have to wait very long to get that
dollar-index to push higher.
Gold Chart |
focused on short-selling Gold this morning after we got the clue from the
dollar-index-correlation and that made it very easy to make profit on Gold.
Mini-Russell Chart |
Russell made it easy on us today, giving us three (3) selling opportunities at
the reversal-zone at 954.3. All we had
to do was sit back and wait for price to reverse each time and get short!
Euro Chart |
the strongest correlation to the dollar-index so when we saw the dollar-index
push to new highs we were selling short on the euro all the way down!
Crude Oil Chart |
Crude Oil
was also very easy this morning, giving us a MONSTER selling opportunity off
the highs of the London trading session and then giving us the opportunity to
buy the lows as well! It doesn’t get
much easier than this, buy-the-lows at support and sell-the-highs at resistance
just as we had planned this morning!
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