July 26, 2013

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil bounced off the lows and retested the wedge lows above us. Unfortunately it decided to do this in the early AM and I missed that move. We have since fell off quite hard. I will be looking short with this move down to 104.08.

Euro 60-Minute

The Euro broke the wedge high and came back to retest it. This was after creating a double top. That offered us VERY strong support below us. I am looking to buy this market back up to the highs around 1.3300’s.

Gold 60-Minute

Gold is pushing into its wedge lows at the moment. I am looking to buy this market back up to 1326.4 and possibly higher to 1340.5.

Russell 60-Minute

The Russell is smack dab in the middle of no where right now. We are currently in a TZ Buy zone but there is nothing supporting it. I will be sitting on hands until we can get down to the wedge low or move back up to the wedge high.

Come join us in the room and see how we do it!

    schooloftrade

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