June 24, 2010

Day Trading, Swing Trading in ANY Situation & Live Crude Oil

Do you have a busy schedule?

Too busy to watch the European or US trading sessions?

Did you know that you can always find opportunities to trade our method, no matter what your situation is?

What if you work a full time job?

Take the kids to soccer @ 2pm EST every day?

There are lots of ways to trade 24 hours a day, so everyone can make money no matter what your busy schedule.

Today’s video discusses the easy ways you can use our method OUTSIDE of the European or US trading sessions.

We also had crude oil futures testing its High of Day while we were recording this, so you can see 2 live crude oil trades as a BONUS!

Living in different time zones, and working a job, and watching kids, and going to soccer practice…

What if you work a full time job and you cant watch the US Session from 930-415pm EST

o Look for the slow timeframe entries at night

Anytime after 8pm EST we start to seeing decent moves in the overnight / asian session

o Aussie Currency Futures(just getting started)
o Euro Currency Futures
o Yen Currency Futures(will just be getting started)

o Crude Oil Futures, these trade almost a full 24 hours a day all over the world, all from the CME Group exchange in Chicago, USA.

o Gold, these trade almost a full 24 hours a day all over the world, all from the CME Group exchange in Chicago, USA.

o E-Mini ES, best time for the weak-hands is midnight EST, but watch out for market manipulation with the lower volume.

o FDAX (Eurex) be careful, the dax is a crazy animal when it has low volume, so watch your volume.

o FESX, check your ATR to make sure you have a wide enough trading range on the Eurostoxx, it tends to go sideways tradign at night, but if its moving, watch out!  easy winners!

– Open a 60-minute chart, and begin to scan for pattern you can see easily.

– once you spot a trade set-up on the 60-minute, then zoom in closer with a 13-range or 8-range and begin to plan your entry, stops, and targets.

– Then follow you entry and trade management rules accordingly.

If you live in Europe…

3am open of the European session (12-midnight EST)

3am – 630am is the best volume to trade, and then wait for the US open @ 745am EST to get back to trading.

and dont forget to watch the blog! we called live trades on the blog overnight all the time! 

I post on the blog around 9pm EST each evening, so remember to follow this blog, subscribe to our day trading newsletter, and you will be on your way to trading with a busy schedule!

Questions? Post them here!

    schooloftrade

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