Archive

Monthly Archives: July 2013

July 30, 2013

Euro day trading strategy

Euro 240-minute:  Euro 240-Minute The 4-hour anchor chart shows us major resistance overhead from 3348 down to 3281 and the euro apparently wants to push higher directly into this major resistance.  We can see the next resistance level is a trend-line around the 3345 area, so we can use that as a profit-target for any […]

Continue reading
July 30, 2013

Gold day trading strategy

We have rolled forward to trading the 12-13 Gold Futures Contract; please remember to move your charts and trading to this front-month contract on Gold. Gold 240-minute: Join us HERE. Gold 240-Minute The 4-hour anchor chart shows us trading at the major resistance trend-line around 1340.0.  We can also see the short term trend is […]

Continue reading
July 30, 2013

Tuesday Morning Prep; SchoolOfTrade.com Day Trading Strategy

CLICK HERE TO GET STARTED “Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.” –Norman Vincent Peale ————————————————————————————————— This morning we have a handful of important news to trade with ahead and the beginning of the highly-anticipated 2-day FOMC meeting. […]

Continue reading
July 29, 2013

Mini-Russell day trading strategy

Mini-Russell 240-minute: Mini-Russell 240-Minute We can see the massive move higher and the completion of the AB=CD Pattern which gives us major resistance at the 1050.0 price level overhead.  We can assume that unless there buyers are VERY strong we are going to see the sellers take control and push this price-action lower. Mini-Russell 60-minute: […]

Continue reading
July 29, 2013

Gold day trading strategy

We are watching for the Gold contract rollover on the 31st of this month, we will look for the next front-month to be the 12-13 contract. Gold 240-minute: We can see the major trend-line overhead has created resistance at the top of the price-wedge and the price-action appears to suggest that we are trading in […]

Continue reading
July 29, 2013

Euro day trading strategy

Euro 240-Minute Euro 240-minute: The Euro is trading at the highs of the price-wedge on the slowest anchor chart we use this morning.  We can see price-action tested the 3281 and we can assume that price-action will try to move lower off this resistance. Euro 60-Minute Euro 60-minute: We can see the euro trading in […]

Continue reading