Sideways market strategies for day trading crude oil and gold futures
390 views · Published 6 October 2010 · 8:19 · Indexed 31 October 2026
Channel: Joseph James Trading With JJ · 2010 · Education
http://www.sidewaysmarkets.com/2010/10/sideways-market-strategies-for-day_06.html Today was a complete opposite of the day we saw on Tuesday, very slow, sideways and challenging price action. The dollar gave us some conflicting signals that looked very similar to LAST Wednesday's price action, so we knew exactly what we had to do...wait for the market to come to us. We identified a great buying opportunity on Crude Oil during our Morning Prep, and we used that price level to make the majority of our daily profits. The Euro threatened to take back my profits, but we were able to limit our losses to make sure we finished the day in the green. Today was a great day to remember for next time we see this type of trading environment, so don't miss today's video recap.
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