|Dollar Index Day Trading Strategy|
The dollar index gave us some easy clues this morning regarding the short term trend and market personality. First, we knew about the GDP news @ 830am EST today so we expected things to be a little sloppy at first, and we know that 2pm EST today was Beige Book so we knew our time was limited, get in and get out. Second, the dollar index was trading in a narrow sideways range with a price wedge right above it. These two clues told us that we needed to look for both buying and selling opportunities along with to expect fake-out breakouts this morning on the markets we are trading.
|Crude Oil Day Trading Strategy|
|Euro Fast Track Trade|
|Gold Day Trading Strategy|