January 30, 2014

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil is currently expanding the wedge highs today after catching a significant amount of buying over the past few days. I am looking to take this market continued long with all of these buyers up to the next supply area around 98.97 and higher. Once we create a pivot high for the wedge to sit on we may have an opportunity to sell a retest of that high as well.

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

Euro 60-Minute

The Euro caught a fair bit of selling once more pushing it even lower and is now approaching the wedge lows. We have yet to physically test it so I am looking to take this continued short to the wedge as a target. Once we get to those lows we can start to look for long patterns to take the Euro back up to the BMT and wedge highs around 1.3639.

Gold 60-Minute

Gold has caught quite a bit of selling pressure this morning pushing price firmly below the current wedge lows as well as breaking the demand zone from 1252.3 – 1248.2. I am looking to take this market short with the strength from these sellers lower into the next swing level at 1230.3 and possibly lower to the next demand zone starting at 1224.2.

Russell 60-Minute

The Russell has been catching quite a bit of buying pressure at the lows giving us several demand zones where buyers are flooding in to buy these low prices. I am looking to take this market higher off of the wedge lows back higher into supply starting at 1127.8 as well as higher above that at the wedge highs and the BMT around 1145’s. We do have several supply zones around that area as well for a potential very large selling opportunity in the future for us.

===========================================================
Want to see us trade LIVE? 
Click here to register for the
Free Trial!
Automated Trading Strategy; Let the
Computer do the trading
Are you a Crude Oil Trader? Click here to
trade Crude Oil
Are you a Euro Trader? Click here to
trade Euro
Are you an E-Mini Russell Trader? Click here to trade
E-Mini Russell
Are you a Gold Trader? Click here to trade
Gold
Join the Premier Live trade-room as an Advanced Member

    schooloftrade

    Click Here to Leave a Comment Below

    Leave a Reply: