July 29, 2013

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil is bouncing around the channel highs above us and is also flirting with the 105.58. I am looking to sell this back down to the lows at 104.03.

Euro 60-Minute

The Euro is hung up at its wedge high right now and failing back down. I am looking to sell this market back down to the lows at 1.3232. 

Gold 60-Minute

Gold came to the highs of the wedge with a light blow off and failed right back down. I am looking to sell this short back to the wedge lows with a possible push down to the BMT at 1315.5.

Russell 60-Minute

The Russell is nearing the wedge lows which is on top of the BMT. I am looking to sell down in the short term to get that test of the wedge, but overall am looking to buy a bounce at those lows. 

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    schooloftrade

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