Price channel day trading strategy using Dollar index and crude oil futures

810 views · Published 9 December 2011 · 3:34 · Indexed 20 September 2026

Channel: Joseph James Trading With JJ · 2011 · Education

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Wow what a day we had today!  
First, the dollar index gave us EASY clues at 800am, and when it failed below the PLOD we knew it was time to start selling crude, gold, Euro, and Russell.
To make it even easier today, the negative correlation on the dollar index gave us easy clues on crude oil this morning so we sold the highs and earned over 250 ticks of profit.
Click here to learn about how we used the dollar index & crude oil futures to hit our goals today.
P.S.  Don't miss today's lesson, be sure to ask me questions tomorrow in the trade about how to trade an 'outside day failure' click that link!  And while you're on the blog don't forget to review our automated trading strategies!

http://www.sidewaysmarkets.com/2011/12/price-channel-day-trading-strategy_08.html

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