Month: October 2020
Soybean Futures—Soybean futures in the November contract settled last Friday in Chicago at 10.65 a bushel while currently trading at 10.52 ending the week on a sour note as prices are still hovering right near a 3 year high. I have been recommending a bullish position from around the 9.14 level over the last couple of months and if you…Read More
Chart patterns trading is often equated to buying and selling at the direction of technical indicators. However, although chart patterns are considered to be technical tools, they differ in many ways from indicators. If you’re in the process of becoming a market technician, then it’s important to understand the functionality, pros, and cons of both… Read more.Read More
For more than 5,000 years, gold has been a mode of exchange, an artistic medium, and a store of wealth. Although the yellow metal’s primary functions have evolved over time, one thing is for sure: Gold has never been worthless. In contemporary finance, bullion remains a coveted asset. However, the way that gold is bought… Read more.Read More
This article on Futures Trading Setups is the opinion of Optimus Futures.
There is an abundance of trading setups available–hundreds, all with multiple variations. But not all are easy to identify, not all are frequently recurring, and not all aim for quick and easy targets. In contrast, that is what we’re going to talk about here. Futures trading setups that are easy to identify, that aim for (relatively) quick targets, that recur on a regular basis, and most importantly, that can be considered high-probability trades.
“Quick” Depends on Your Time Frame
The term “quick trade” or “fast trade” can easily sound like a “scalp.” For a scalper, a 10-minute trade may seem like a lifetime (I am exaggerating, of
The post Futures Trading Setups for Quick Targets | Recurring High Probability Trades appeared first on Futures Day Trading Strategies.Read More
Retesting resistance levels that have recently failed and weakening global oil demand forecasts have set up a short opportunity!Read More