May 31, 2013

Major Futures Markets Day Trading Strategy

Crude Oil 60-Minute

Crude Oil was once again making its way to new lows all morning. I am always looking to buy fresh lows first in the short term, while looking to sell bigger moves in the long term.

Euro Futures 60-Minute

Just like we thought yesterday, the Euro Futures rejected the channel highs. I am sitting on hands until the Euro can come down to the next buy zone around the BMT or the channel lows. 

Gold Futures 60-Minute

Gold Futures came up to touch a long term wedge high up in the 1421 area. I am looking to sell this back to the wedge lows.

Russell 60-Minute

The Russell was a fantastic mover today, giving us an awesome opportunity to buy these lows of the wedge. I was looking to buy with a decent pull back.

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

    schooloftrade

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