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Major Future Markets Day Trading Strategies
Crude 60-Minute |
Crude Oil has been pushing lower after failing the retest of the BMT at 106.37. We are currently at a double swing low right now and may see a bounce. I am looking to sell this overall back down to the wedge lows around 104.84 but I will also be considering longs with a bounce at these lows.
Euro 60-Minute |
The Euro has been an absolute rocket ship the past few days. There aren’t really any solid levels above us other than projections. I am looking long with this strength to 1.3490 but will also be looking for a retest of the wedge high below us. This move up has also taken out our other two targets on our swing trade giving us a total of around 250 ticks! Phenomenal swing trade!
Gold 60-Minute |
Gold has pushed a bit down from the highs at 1383.5. We are now moving into a buy zone at the BMT and wedge lows around 1343.6 but we are also in a sell zone around 1372.0. I am looking for both long and short opportunities in this scenario. If we go long I will be looking to test the wedge highs. If we go short I will be looking for a push to the BMT and wedge lows for another buy opportunity.
Russell 60-Minute |
The Russell looks as though it is catching a bounce at these channel lows after the STEEP push lower. We are also floating in a larger buy zone between 1007.2 – 1011.9. I am looking to go long to the channel highs where I will continue to then look for short opportunities. If we continue lower, I will be looking for a retest of the channel lows.