February 16, 2012
- in Uncategorized by schooloftrade
Fast Track day trading strategy earns +100t Euro and Gold futures
We earned over 100
ticks of profit this morning after we planned our trades at 730am EST and then
traded our plan! We used our fast
track method day trading strategy perfectly as we gave our members and guests
the ability to trade along with
ticks of profit this morning after we planned our trades at 730am EST and then
traded our plan! We used our fast
track method day trading strategy perfectly as we gave our members and guests
the ability to trade along with
pre-defined entries, stops, and targets!
Live Trades called today |
Our day trading
strategy began this morning with the knowledge that we had early morning news
with jobless claims and producer price index which were expected to get things
moving early this morning. We also knew
that crude oil futures were ‘sharing volume’ because of monthly contract
rollover, and that today was Thursday of Options Expiration week and we have a
holiday weekend ahead of us for President’s day. All of these clues this morning told us to be
ready EARLY this morning, and to beware trading crude oil because volume would
be light. Furthermore, ahead of a long
weekend going into OPEX we know that traders will be using that as an excuse to
leave the markets early so volume will drop later today pretty quickly.
strategy began this morning with the knowledge that we had early morning news
with jobless claims and producer price index which were expected to get things
moving early this morning. We also knew
that crude oil futures were ‘sharing volume’ because of monthly contract
rollover, and that today was Thursday of Options Expiration week and we have a
holiday weekend ahead of us for President’s day. All of these clues this morning told us to be
ready EARLY this morning, and to beware trading crude oil because volume would
be light. Furthermore, ahead of a long
weekend going into OPEX we know that traders will be using that as an excuse to
leave the markets early so volume will drop later today pretty quickly.
Dollar Index Day Trading Strategy |
Our day trading
strategy for the euro was quite simple today, and we used some very common
clues to plan our trades, and then we simply followed our plan to
perfection. The euro was trading at the
lows of the range this morning, and just below the PLOD. Below us we had major support from a slower
timeframe trigger-zone and above us we had a price magnet in the form of the PLOD. We always know to buy when price goes back
above the PLOD and that is exactly what we did.
We used our fast track day trading strategy to earn $500 on the euro in
a trade that took over 2 hours to complete.
strategy for the euro was quite simple today, and we used some very common
clues to plan our trades, and then we simply followed our plan to
perfection. The euro was trading at the
lows of the range this morning, and just below the PLOD. Below us we had major support from a slower
timeframe trigger-zone and above us we had a price magnet in the form of the PLOD. We always know to buy when price goes back
above the PLOD and that is exactly what we did.
We used our fast track day trading strategy to earn $500 on the euro in
a trade that took over 2 hours to complete.
Day Trading Strategy Euro |
Our day trading
strategy for the gold futures was also very simple, and we traded it with
our fast track method day trading strategy with ease. Gold futures gave us one of our favorite
clues, a price wedge and when we saw major double-top support and trigger-zone support
below the price wedge we knew this price had plenty of support. When combined
with the dollar index dropping off the highs and pushing through the LOD it was
almost too easy buying gold futures at the lows of the price wedge. Another example of the fast track method day
trading strategy working out well for everyone today in our trade room earning
over 50 ticks on gold futures.
strategy for the gold futures was also very simple, and we traded it with
our fast track method day trading strategy with ease. Gold futures gave us one of our favorite
clues, a price wedge and when we saw major double-top support and trigger-zone support
below the price wedge we knew this price had plenty of support. When combined
with the dollar index dropping off the highs and pushing through the LOD it was
almost too easy buying gold futures at the lows of the price wedge. Another example of the fast track method day
trading strategy working out well for everyone today in our trade room earning
over 50 ticks on gold futures.
Gold Day Trading Strategy |
Did you miss the action
today? Come join us next Tuesday
when we re-open the live trade room for members and trial guests. We’ve had an incredible week of live trading
according to our trading plan, and we look forward to another profitable week
next week.
today? Come join us next Tuesday
when we re-open the live trade room for members and trial guests. We’ve had an incredible week of live trading
according to our trading plan, and we look forward to another profitable week
next week.
Remember, no trade
room on Friday, tomorrow, its OPEX-Friday and ahead of a long weekend it
will be sloppy and a little dangerous after 10am EST so be careful not to give
back this money without clear signs of consistent market personality tomorrow
morning. Our team will be working at our
desks tomorrow and Monday on the holiday so keep in touch and give us a holler
with questions.
room on Friday, tomorrow, its OPEX-Friday and ahead of a long weekend it
will be sloppy and a little dangerous after 10am EST so be careful not to give
back this money without clear signs of consistent market personality tomorrow
morning. Our team will be working at our
desks tomorrow and Monday on the holiday so keep in touch and give us a holler
with questions.
Don’t forget! Our
automated-trading systems are kicking butt right now, earning over 250
ticks a month per contract and ANYONE can use them. We provide our automated
trading strategies to our advanced members and we look forward to sharing them
with you too!
automated-trading systems are kicking butt right now, earning over 250
ticks a month per contract and ANYONE can use them. We provide our automated
trading strategies to our advanced members and we look forward to sharing them
with you too!