June 26, 2013

Major Futures Markets Day Trading Strategy

Crude 60-Minute

Crude Oil found its way into a wedge, then started wedging MORE! I am looking to sell the minor wedge highs short term, but I will be keeping my eye on the BMT and major wedge above. 

Euro 60-Minute

The Euro was pinned at its lows of a major wedge and a minor descending wedge. I am looking to buy these lows back to the highs of the minor wedge or past to the BMT.

Gold 60-Minute

Gold ended up breaking below the overall channel, so I am looking to sell a retest of the channel lows.

Russell 60-Minute

The Russell is still in the formation process of the projected channel so as of right now all I have to work with is the trend line low and the BMT / projection above. I am looking to sell a test of the projected channel above especially if it lines up with the BMT.

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

    schooloftrade

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