June 7, 2013

Major Futures Markets Day Trading Strategy

Crude Oil 60-Minute

Crude Oil Futures were stuck right up at the wedge highs, but with NFP news coming out later today, I was looking to get in early and get out early. I am looking to sell these highs, but I will wait to see what news does. 

Euro 60-Minute

Just like yesterday, the Euro was an absolute TANK to the top side. It blew through the wedge highs I was looking at yesterday. I want to buy at a retest of the wedge highs.

Gold 60-Minute

Gold Futures is one of the most volatile markets around big news events as it is directly linked to the Dollar Index (DX). I am sitting on hands until NFP comes out. I will be looking to sell wedge highs and buy the wedge lows.

Russell 60-Minute

The Russell Futures were trapped right at the BMT in the middle of the bearish channel. I am sitting on hands until I see a decisive move.

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

    schooloftrade

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