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One of my favorite ways to turn 1 move into 2 winning trades in any market is the Slingshot Pattern. This is most often a 13-range 2-Step Pattern into a 21/34-range wave pattern and its some of the best trading you will see in our live trade room!
One of my favorite day trading strategies uses the previous day’s trading range (PHOD and PLOD) to give me 3-5 high-percentage trading opportunities every day. I call this the inside / outside day trading strategy, and all you need are some simple tools and a simple plan of attack to make some easy profit with this day trading strategy.