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Monthly Archives: May 2013

May 30, 2013

Crude Oil day trading strategy

Crude Oil 15-Minute We see the Dollar-Index moving lower, and at the same time we have Crude Oil testing the lows of the bear price-channel, moving into the major buy-zone on the 15-minute anchor chart, and with plenty of room overhead to rise off these lows with targets at the highs of the price-channel around […]

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May 30, 2013

Dollar-Index-correlation

Dollar Index  The Dollar-Index is moving higher this morning, with new higher-highs and higher-lows.  We see that the price-action is most likely overbought, which tells us that a short term price-reversal is likely before we head back to new higher-highs.  Remember, there is major news this morning at 830am EST that could easily change the […]

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May 29, 2013

Euro Day Trading Strategy

Euro 5-Minute The Euro is currently trading sideways inside the bearish price reversal zone we’ve located on the 5-minute chart.  We can see there is plenty of resistance overhead from the London Highs, Weekly Highs, and previous day highs.  We will use all of this resistance to look for selling opportunities if this price can […]

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