42 Ticks LIVE Today w/ Trigger Zones! Raffle Winners Announced Tomorrow!

SchoolofTrade.com Daily Commentary 03-18-10

Market Gives Us Clues This Morning:

– Crude Oil Futures Rollover Day today from 04-10 to 05-10 contract

– Crude Oil is sideways, 2-tops/bottoms @ 840am EST

– 900am Skipped a Wave Long b/c of slow speed of the tape (was a BIG winner!)

– 10:00am Gold Futures, Wave Indicator did not trigger, and that fact makes us concerned that Gold may be sideways today

With triple witching coming on Friday (tomorrow) we knew today could go either way.

We had some decent volume in the early morning, and the market was moving pretty well. The big obstacles today involved the Dollar.

The Dollar Index Futures began sideways, so we had to be careful with our trades on Crude Oil, Gold and Euro Futures.

We then saw the Dollar Index Futures spike on decent volume, and the Crude Oil, Gold & Euro Futures began to drop like a rock!

The challenge…trading at the lows as these markets fell, and we discuss that in today’s video, so please watch and learn

4 trades today, 3 winners, 1 scratch

Our trade management style is the reason we are profitable!

+42 ticks, $430usd

Only 4 contracts needed to achieve this today!

See you tomorrow @ 745am EST for the live trade room session!

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