April 12, 2012
Plan your trades and trade your plan; day trading strategy uses 3 clues for +100ticks
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This morning we used 3 simple clues from economic news, the dollar index, and markets such as Crude Oil & E-Mini-Russell to earn +100 ticks of profit in another exciting US-morning trading session with members and guests in our trade room. Our first clue we saw this morning came at 730am EST when we reviewed today’s economic news. We saw news at 830am EST so we assumed price action would be moving early, and then we noticed there was no news later in the morning which told us to get in early today, and then be disciplined not to give back the profit later in the morning after 1100am EST after the markets slow down without any more news to react with. This clue was vital for us today, and it saved us from over-trading just as we had intended to when the market personality certainly changed after 1030am EST today.
Prepare for tomorrow’s Live Trade Room with these Charts:
Crude Oil Futures
Gold futures
E-Mini-Russell
Futures
Futures
Euro Currency
Futures
Futures
Click here to read the Complete Trade Room Review
