February 23, 2010

74 Ticks Today, Dollar Index Trading Webinar on Thursday

SchoolofTrade.com Daily Commentary 02-23-10

We had another GREAT day in our live trade room!

We knew this week would be challenging with a LOT going on…

• Bernanke speaks off and on all week

• Toyota hearings in Congress today/tomorrow

• Alan Greenspan making comments about TARP

The lists went on and on about how many things were going to be happening this week, and ALL of these threatened to steal that always-important VOLUME and SPEED from our markets.

Today was a great example of a SLOW market, but with lots of patterns, so we had plenty of patterns to look for, but only a few of them qualified.

We took trades on Gold, Crude Oil & Euro Futures today, all were winners.

Keep an eye out for our DOLLAR INDEX Trading Webinar this Thursday!

Make sure you are on our newsletter for more info on this new event coming this week!

5 trades today, 5 winners

+74 ticks, $793usd

Only 4 contracts needed to achieve this today!

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

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