I wanted to share with you some review for tomorrow on the Dollar Index Futures and Euro Futures.
I always start by looking at the Dollar index futures first, they lead the way when we day trade futures contracts.
I check my slow timeframe chart first, looking for trend lines, double-tops and bottoms, and other important levels of support and resistance.
Using multiple timeframes will be very important to learn to day trade futures contracts for an amazing income.
After you check your slow timeframe for the major levels, then move to a faster timeframe for a more precise entry.
So I look at an 8-range chart to see where the closest level of support and resistance is, making sure I keep an eye on my slower charts for anything that may obstruct my trades progress.
Assuming everything is clear on the Dollar, I will then repeat the same technique on the Euro.
This video does a great job showing you how to use both of these great markets to day trade futures contracts.
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