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day trading strategy up-date 830am EST
strategy on crude oil this morning uses the bull price channel, inside
trading day, and major support below us where we should get the best
opportunities to buy the lows/support of the range. The best trades this morning will come when
we buy the PLOD and trend line support or when price rises up and we can sell
the trend line and PHOD as resistance.
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| Crude Oil day trading strategy |
The
euro day trading strategy uses the bull price channel and the advanced
price-structures that gives us the major support levels to look for buying
opportunities this morning. 1.3180 is not only the trigger-zone support
(B-C) but its also the bull price channel buy zone so we’re looking for the dollar
index to tumble when we’re looking to buy the 1.3180 area. Remember we’re looking for traders to REACT
around 1.3180 so if price reverses and goes higher we take buy side, and if
price goes lower through 1.3180 we then sell retracements. If price moves higher and ends up back above
the PLOD we will then buy above the PLOD, but that will take some serious
movement this morning and we will first on buy the lows/support around the lows
of the price channel and around 1.3180.
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| Euro day trading strategy |
gold futures we will use the price wedge as the biggest clue this morning,
along with the double-top and the support levels it gives us, and the major trigger-zone
support 1692.0 which will come from the major swing-low to the major swing-high.
We are trading inside day, above the PLOD and below the PHOD which tells us to buy
the lows/support and sell the highs/resistance of the range.
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| Gold Day Tradign Strategy |
trading at the recent range-highs and we can see the buyers are scared to keep
pushing higher, if they were not scared price wouldn’t be sitting on top of
the 1.0800. We can see the AB=CD
reversal zone overhead where we will sell short, along with the trend line
overhead, both make excellent selling locations if price rises. We can see the trigger-zone support below us
1.0625 area and the multiple support levels below it, with the major support at
the 1.0365 which is the trend line.
sell the highs/resistance.
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| Aussie Dollar Day Trading Strategy |
strategy for the E-Mini-Russell uses the price wedge as the most important clue
this morning, so consider this day trading strategy very similar to that on gold
futures today. We can see the price
wedge, the inside day, and the opportunity to sell the highs/resistance and buy
the lows/support of the range.
its time and price projections give us additional support to consider if price
falls. Notice that this support is
unlikely to be used today, but its important that we exhaust all the available
options for location high percentage support and resistance levels before we
begin today.
Buy the lows/support and sell the
highs/resistance of the price wedge on the E-Mini-Russell this morning and
remember to sit on hands in the middle of this price wedge waiting for the best
opportunities to come at the highs and the lows.
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| E-mini Russell Day Trading Strategy |
