July 8, 2013

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil is at the highs of a HUGE long term channel as well as breaking back into a minor channel. I am looking to sell back down to the minor channel lows.

Euro 60-Minute

The Euro is coming off of the channel lows and rejected them pretty quickly. I am looking to buy on the way up to the trend line above and the channel past that. Once we get to those levels, I will be looking to sell back down.

Gold 60-Minute

Gold Futures created a new wedge and is currently hovering in the middle. I am looking to sell the highs of the wedge and buy the lows, but for now I am sitting on hands.

Russell 60-Minute

The Russell is still bouncing inside the bigger channel and just blew through a wedge high. I am looking to buy the lows of the channel and sell the highs, but for now we are hung up in the middle so I will be sitting on hands until we can get a solid pattern.

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

    schooloftrade

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