Wednesday, July 11, 2018

Best Range Trading Strategy | Crude Oil, Emini, Nasdaq, Gold & Euro



“Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed. Every morning a lion wakes up. It knows it must outrun the slowest gazelle or it will starve to death. It doesn’t matter whether you are a lion or a gazelle: when the sun comes up, you’d better be running.”


Crude Oil is bearish with a strong spike lower which appears to be ending in a range this evening, so my plan is to look for buyer-failures using the '2-Try Rule' as sellers wait for more attractive prices up in the ‘battle zone’ tomorrow morning...

E-Mini S&P is range-bound with a triangle pattern tonight, so I’m staying patient to fade the breakouts, buying low, selling high, and avoiding the middle tomorrow morning...

Nasdaq is range-bound and trading sideways tonight, telling me to buy the low, sell the high, and avoid the middle tomorrow morning...

Gold is bearish and trying to finish a measured-move target, and I have my eyes on selling-opportunities using the high of a "hidden channel" tomorrow morning...

Euro is bearish, but we’re trading below the low of a range this evening, which tells me to look for buying opportunities using the '2-Try Rule' or selling-opportunities using a Spike & Channel tomorrow morning...


Crude Oil Day Trading Strategy

Crude Oil is bearish with a strong move lower this evening, but even after a perfect selling-opportunity off this "hidden channel", the sellers haven’t been able to re-test the lows, which tells me to expect this market to go sideways in the short-term…

Expecting a short-term trading-range, my plan for tomorrow is to look for selling-opportunities using the '2-Try Rule' up in the ‘battle zone’…

But if this market makes another strong move lower I’m going to be looking for a Spike & Channel and selling-opportunities off the high tomorrow morning...

E-Mini S&P Day Trading Strategy

E-Mini S&P is range-bound with a triangle pattern this evening, telling me to wait for a breakout and use the '2-Try Rule' to buy the low and sell the high tomorrow morning...


E-Mini Nasdaq Day Trading Strategy

E-Mini Nasdaq is range-bound with a triangle this evening, telling me to focus on failures using the '2-Try Rule' at the highs and lows of the range tomorrow morning...

Gold Day Trading Strategy

Gold is bearish and racing towards the prior week low this evening, telling me to focus on selling-opportunities at overhead resistance levels, and I have my eyes on selling off the high of this "hidden channel" tomorrow morning...

Euro Day Trading Strategy


Euro is bearish and trading below the low of a trading-range this evening, telling me to look for buying opportunities going back up into the range, or wait for proof of a successful breakout with a Spike & Channel tomorrow morning...

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