July 16, 2013

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil has created a small channel and is currently going through the highs. I will be looking to buy a retest of the highs. We have a significant swing high above at 107.45 so it wouldn’t surprise me to see a test and fail of this level.

Euro 60-Minute

The Euro is currently trading at the highs of a possible minor channel going to the major wedge high. I am looking to sell lightly where we are now, but looking to sell heavy at the major wedge high above.

Gold 60-Minute

Gold Futures are currently trading a  minor wedge high. I am looking to sell it back down tot he wedge lows and possibly the BMT. If we break the highs, I want to see price retest the high before looking for a long trade.

Russell 60-Minute

The Russell FINALLY tested the major channel above. I am looking to aggressively sell this area. We have also created a minor channel that we are also at the top of. Very nice setup happening here.

Come join us in the room and see how we do it!

    schooloftrade

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