June 14, 2013
- in Uncategorized by schooloftrade
Euro day trading strategy
The Euro has rolled forward to the
09-13 contract month this morning, so be sure to change your charts to the new
front-month contract.
09-13 contract month this morning, so be sure to change your charts to the new
front-month contract.
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| Euro Day Trading Strategy |
The euro has
developed into a perfect example of our advanced price-structure for a price-channel. We can see the A, B, C, and now that has
produced the buy-zone at 3292 and 9232 this morning. We remember that the bull price-channel tells
us the high-percentage-trades will occur buying at support and we can see a
trend line as support below us as well as two buy zones to look forward
to. We also must remember to use the
negative Dollar-Index-correlation when trading the euro so keep an eye on that
dollar.
developed into a perfect example of our advanced price-structure for a price-channel. We can see the A, B, C, and now that has
produced the buy-zone at 3292 and 9232 this morning. We remember that the bull price-channel tells
us the high-percentage-trades will occur buying at support and we can see a
trend line as support below us as well as two buy zones to look forward
to. We also must remember to use the
negative Dollar-Index-correlation when trading the euro so keep an eye on that
dollar.
