February 15, 2012

Wacky Wednesday day trading strategy E-Mini-Russell earns +50 ticks Fast Track


Our day trading
strategy
this morning was somewhat challenging
.  We had a lot of major news coming out this
morning, today was ‘Wacky Wednesday’ of OPEX, and we had the FOMC Meeting
Minutes set to be released at 2pm EST this afternoon.  Looking at all of this information to be
aware of, we knew today would be all about finding time between news events and
then making sure we didn’t over-trade the end of the morning because price
action would be sloppy ahead of the news at 200pm EST.
Live Trades Today

Our day trading
strategy for the dollar index was quite simple
, and it gave us the first
red flag of the morning when we saw the narrow price wedge structure and market
personality was not very consistent.  When
the dollar index is trading in a narrow price wedge inside the range from the
previous day we know there needs to be some caution taken when we trade, and
today was no different.

Dollar Day Trading Strategy
Our day trading
strategy for E-Mini-Russell was also very simple
, and the E-Mini-Russell gave
us much of the same clues as the dollar index. 
We had an inside trading day and a price wedge to consider, which made
our day trading strategy easy to plan at 730am EST when we opened our trade
room.

E-mini Russell Day Trading Strategy

Fast track russell trade
We called this trade live, real-time this morning using our day trading strategy along with the fast Track method to give our members the EXACT entry, stop loss, and profit target for an easy winner.  Trading 1 contract you are all-in and all-out.  trading 4 contracts you can use this 15 tick target as a first target and then manage your runner up to the highs of the wedge.  So many ways to make money with this method, ill show you how again tomorrow. 
After we made it through the numerous news reports this
morning, even saw crude oil inventories come out at 1030am EST we had very few
high percentage trading opportunities and ended with buying the lows on the E-Mini-Russell
and earned a total of 55 ticks of profit in a very slow and sloppy wacky Wednesday
ahead of the FOMC  Meeting minutes at 2pm
EST.

Did you miss the live
trading with us today?
  Come join me
tomorrow as a 2 week trial guest and watch as we trade live, according to our
simple day trading strategy which we outline every morning at 730am EST on our
blog.

Have
you seen our automated trading systems?
 
Want to double your trading profits each day?  Combine the automated-trader with our fast
track method to earn double the profits every day.  Don’t miss this opportunity!

We also have a special webinar planned for Thursday @ 1130am
EST with Ray from Ninja Trader.  He will
be showing off all the awesome tools that NT7 provides.  We use NT7 every day because it’s the BEST
charting and execution platform available and we are excited to be working with
NT’s Ray tomorrow @ 1130am EST.  Click
here to register for this informative event!

    schooloftrade

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