Day Trading Strategy Gold, Crude Oil and e-mini Russell Futures

687 views · Published 3 November 2010 · 8:55 · Indexed 1 October 2026

Channel: Joseph James Trading With JJ · 2010 · Education

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http://www.sidewaysmarkets.com/2010/11/day-trading-strategy-gold-crude-oil-and.html

Trading FOMC can be challenging... high volume in the early morning and then lower volume just before lunch...then we wait for the news release @ 215pm EST and the markets go crazy!
We didn't even need to worry about FOMC today...
We earned over $2,000 before LUNCH today, and we did it without any high-risk trades, or trading outside of our plan.
One of the keys to our success today was our ability to identify the markets ahead of time, and then look for high-percentage trade patterns around those areas.  
We don't chase trades, we wait for the market to come to US, and our morning prep identified some key levels of support and resistance this morning @ 745am and we used those levels to trade Crude, Gold, and the Russell.

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