June 4, 2013

Major Futures Markets Day Trading Strategy

Crude Oil 15-Minute

We can see Crude Oil Futures rejecting these highs at the sell zone and quickly falling off. It fell right through the buy zone under us and is quickly approaching the trigger zone buy levels. I am looking to sell this rejection to the next buy zone from 92.26-92.55.

Euro Futures 15-Minute

The Euro Currency Futures have been a bit more difficult to trade lately. I am definitely finding my self being more cautious. Price rejected the BMT and is heading back to the sell zone above. I am sitting on hands for now.

Gold Futures 15-Minute

Gold Futures setup a fantastic long at the wedge lows. I am looking to buy this back to the highs of the minor wedge, and possibly to the major wedge higher up.

Russell 15-Minute

The Russell Futures are still just hung up around the BMT. There are so many levels in here that I don’t think it can make its mind up. I am sitting on hands until I see a decisive move one way or the other.

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

    schooloftrade

    Click Here to Leave a Comment Below

    Leave a Reply: