Fear in Europe continues to move the US Dollar as Gold stabilizes and Crude oil demand continues to fall

We then have a very simple plan of attach using the Dollar Index Futures:
• If the dollar rises I’m selling retracements and selling at resistance with the markets I trade.
• If the dollar trades sideways I will then look to trade INSIDE the range we are in on the markets I trade.
• If the dollar drops to new lower lows I will be looking to buy at support and buy pullbacks with higher highs.

My plan of attack on crude oil this morning:
– Inside day means Im looking to trade inside the range we are in. Avoid the fake-out breakouts. Sell the highs, buy the lows, avoid the middles.
– We have inventories, so I will not be trading after 1015am est today, and will wait till after 1035am to enter the market.
– Bear price channel says to keep selling new lower lows with retracements
– However, the inside day tells us to be careful with trading the breakouts.
– Slight bearish bias, but very selective with the breakout trades we take.
– If price falls im buying at support first, and then selling retracements on the way down.
– If price rises im selling at resistance first, and then buying pullbacks on the way up.
– Never buy the highs
– Never sell the lows
– Avoid the middles.
More specifically:
If price rises im selling 99.00, buying pullbacks above 99.10
I’m selling the highs of the wedge around 99.20, selling the PHOD at 99.69, and avoid the no trade zone above it.
If price falls I’m buying support at 98.20, I’m being very careful around 98.00 (we saw this last week and confirmed again very sloppy on Tuesday)
As prices keep falling I’m buying support at 97.83, 97.40, and 97.10. buying the support first (inside day) and then with new lower lows that support becomes resistance and we sell retracements using that resistance.

Lets plan our attack on gold futures today:
If price rises I’m selling resistance first (inside day) and then with new higher highs I will then buy a pullback.
As price rises I’m selling the channel highs at 1525.0, selling the PHOD at 1529.0, and avoid the BMT at 1529.5
If we make new higher highs I will then buy pullbacks above 1530.4 and sell the highs of that range at 1533.4.
More locations to sell overhead (or take profit) will be at 1534.8, 1537.5, and 1539.4
If prices fall im buying at support first (inside day) and then selling new lower lows with retracements.
If price falls I’m buying 1516.6 support, and then the LOD at 1514.5 and the PLOD at 1512.8, and then buying 1511.4 as the range lows.
More support levels to buy (or take profit) will be 1508.4 and 1504.4, 1500 is the low of the major bull price channel.