- in Uncategorized by schooloftrade
Major Futures Markets Day Trading Strategies
Crude 60-Minute |
Crude Oil has caught quite a bit of selling pressure pushing it all the way down to a demand zone from the highs of 101.39. This demand zone does appear to be defended with buyers bouncing the market up. I am looking to buy this market higher out of demand at 99.43 back up to the supply area starting at 101.04 up to the wedge highs and overall highs back to 101.39.
Come join us in the room and see how we do it!
Euro 60-Minute |
The Euro has broken above the wedge highs and pushed into the supply zone above that. This push higher had a pullback to retest the wedge highs where we had resistance turn into support. I am looking to buy this market higher after this retest to continue up to the next previous swing sitting up at 1.3717 and higher above that deep into supply up to 1.3740.
Gold 60-Minute |
Gold has been VERY bullish overall catching consistent buying pushing it up to supply starting at 1296. This supply zone does appear to be defended by selling as we have bounced there several times before. I am going to be looking to sell this market down to 1286.2 from these highs but will also look to buy this market back into supply with all of this buying pressure to expand the wedge highs up to 1300.6.
Russell 60-Minute |
The Russell has had quite a bit of buying pressure coming in now that we have firmly maintained our position above the BMT back at 1118.8 but we are seeing a bit of profit taking back towards the BMT. I am looking to sell this market in the short term to test the BMT down at 1118.5 and supply sitting at the wedge low but overall I am still looking long back to the highs at 1135.7 with these bulls.
Click here to register for the
Free Trial!
Computer do the trading
trade Crude Oil
trade Euro
E-Mini Russell
Gold