Dollar Index drops, buy the Gold and then Sell the Highs on Crude Oil Futures trading strategy

369 views · Published 19 January 2011 · 7:19 · Indexed 7 October 2026

Channel: Joseph James Trading With JJ · 2011 · Education

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http://www.sidewaysmarkets.com/2011/01/dollar-index-drops-buy-gold-and-then_19.html

We had another great day in our live trade room, earning over 250 ticks on Gold and Crude Oil.

We started our day with the dollar, which told us exactly what to expect.

We bought a pullback on Gold when the dollar dropped, and we sold the highs on Gold and Crude Oil when the dollar rallied back up.

We took two losing trades today, so we took the time to 
LEARN from them, and got right back into the market and make the money right back.

One of the most important aspects of our success today was our trade management.  We did an excellent job of earning over 100 ticks today using our 3rd profit target.

We had a great members-training today @ 1130am and I will be posting the video from our training today in the advanced course.  The notes have already been posted.

Another great day of trading, don't miss today's video recap

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