Price Channel Day Trading Strategy for Crude Oil and Gold Futures with Dollar Index Correlation

http://www.sidewaysmarkets.com/2011/02/price-channel-day-trading-strategy-for...

Another exciting day in our live trade room, congrats to the members who made over 50 ticks per contract on the Fast Track Method today!

Today was another example of how easy it is to learn while you earn with us every day you attend our live trade room.

Today we gave you the exact entry location, exact stop loss, and expect profit target, and all 5 of the trades were winners. Great work!

We began the day on the crude oil, we bought a pullback when we broke a new high of day.

We then sold the highs of the price channel with a 2-step pattern for the biggest trade of the day, and finished the morning on crude selling retracements with the wave pattern as price dropped to the lows of the very same price channel.

We also took 1 trade on gold, but the market was very slow mostly due to the dollar index correlation today.

We earned over 50 ticks/contract on the Fast Track today and our day trading methods continue to produce great profits, earning us 175 ticks total on only 6 trades and 4 contracts.

Don't forget to check the blog @ 745am EST tomorrow for Wednesday's morning prep.

Category:

Education

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• online day trading courses
• stock market trading
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[SchoolOfTrade]

big money trigger line is what that stands for.we did a video on that TODAY on our blog.

[123ableTHERollyboy]

I know a website that offers a secret code that produces 90% success ratio on gold trading. Go check them out, just google Gold Trading Academy and make as much money as you want.

[trashratt]

what does BMT stand for...???? Crude was the dude today!