Euro Day trading strategy; SchoolOfTrade.com

Euro Anchor Chart The Euro is also moving higher this morning inside a bullish price-channel with both support and resistance levels very close to the current price.  We have support below us at the price-channel lows and the 3528.  We have resistance above us at 3559 and then 3573 before we test the most recent […]

Gold Day trading strategy; SchoolOfTrade.com

Gold Anchor Chart  Gold is trading HIGHER this morning with a short-term trend that is bullish.  We can see the trend-line resistance around the 1300.0 big-round-number and price-action has tested this area and reversed back off these new highs this morning.  We have resistance zones above us starting at 1315.4 with only a minor swing-high […]

Morning Prep 10/02/13; SchoolOfTrade.com

7:30am EST Focus-Points this morning: ·       President Obama says there is ‘no negotiation’ over debt ceiling and urges Republicans to re-open the US Govt ·       US Treasury Secretary Lew:  the US has until October 17th before the reserves run out ·       US Fitch Rating Agency:  Govt shutdown isn’t cause for a downgrade in rating, however […]

Crude Oil Futures Show Me The Money Trade; SchoolOfTrade com Support

US White House still sits in gridlock, Obama prepares to address the Nation this afternoon

– For the first time in 17 years, much of the federal government is shut down as Congress failed to agree on new funding before a midnight deadline. House Republicans continue to insist on changing, delaying or de-funding ‘Obamacare’ while Senate Democrats and President Obama continue to reject that position.  There is no potential resolution […]

Major Futures Markets Day Trading Strategies

Crude 60-Minute Crude Oil is pushing lower into the wedge low after confirming that low from yesterday at 101.05. I am looking to sell this market down into that wedge low and for a push lower to the 101.05 low for a retest before looking to buy it back up. Long trades will be looking […]

Automated Trading Strategy Review – Crude Oil Futures

Crude Auto Trader Crude Oil has has always been on of our favorite markets on the FLEX Auto Trader and the TREND is making it very hard to like it as well. The TREND Auto Trader on Crude Oil can make some VERY nice profits and this past week is holding true to that! Overall […]

Mini-Russell Day trading strategy; SchoolOfTrade.com

Mini Russell Anchor CHart We begin to work with the Mini-Russell this morning and the anchor chart shows us a sideways-trading-range in the long-term trend and a short-term trend that is bullish.  It’s hard to call this bullish because we can see the trading-range very easily.  We can see a price-wedge and this opens the […]

Euro Day trading strategy; SchoolOfTrade.com

Euro Anchor Chart We open the Euro charts this morning and we see a bullish price-channel along with new higher-highs on the anchor chart.  We see 2 support zones below us at 3528 and 3491 which we will use for profit-targets for a counter-trend short below the cloud, and also for buying opportunities later in […]

Crude Oil Day trading strategy; SchoolOfTrade.com

Crude Oil Anchor CHart The Crude Oil Futures market is trading sideways this morning with a slightly-bearish tone to the market sentiment.  We recently had a cross on the anchor chart, however, the anchor chart shows us that we are likely inside the range from 103.77 down to the big-round-number at 101.00. We can see […]