February 2, 2012
- in Uncategorized by schooloftrade
Euro Day trading strategy up-date
The Euro is finally moving out of the middle of its trading range with the dollar index moving lower at 1045am est.
We want to sell the highs of the wedge on the euro around 1.3200, using the OPEN below you as the price magnet. As price rises higher ill keep looking for opportunities to sell at the highs. If price drops to the lows of the wedge we look to buy the lows around 1.3100 area as well as looking to buy at the support levels below the wedge lows if price keeps dropping.
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| Euro Currency Futures Day Trading Strategy |
