July 29, 2014
- in Uncategorized by schooloftrade
5 Ways to Profit from FOMC Announcement | SchoolOfTrade Newsletter 07/29/14
“By recording your dreams and goals on paper, you set in motion the process of becoming the person you most want to be. Put your future in good hands — your own.” –Mark Victor Hansen
Today’s Newsletter:
· Last Night: Selling short on Crude Oil & Gold
· Markets Today: Gold and Crude Oil push lower, Mini-Russell retraces into sell-zone
· News for Tomorrow: FOMC Announcement & GDP Q2
· Trading Opportunities: Selling Gold, Mini-Russell, and Crude Oil
· Join our Live Trade Room as a GUEST here
Notes for Tonight’s Newsletter:
Misc:
· End-of-month volatility picks up ahead of end of July
· Markets volatile on Tuesday as earnings shake e-mini’s
· EU announces fresh sanctions against Russia
· Russia & Ukraine continue to taunt each other
· Contract Rollover on Gold 12/14 Contract coming 07/31
· Red-Star News in Europe Wed @ 5:00am EST
· FOMC Announcement Wed @ 2:00pm EST
· Crude Oil Inventories Wed @ 10:30am EST
Gold:
· We called the SHORT last night on our Newsletter
· Gold falling ahead of Tomorrow’s FOMC Report
· Contract Rollover to 12/14 contract on 07/31
· Selling opportunities at this time on Gold 08/14
· Next profit-targets: 1292.8, 1287.5, 1285.2, 1280.9
Crude Oil:
· We called the SHORT last night on our Newsletter
· Crude Oil pushes lower today, resting @ $101/barrel
· Trading sideways this evening
· Targeting $100/barrel psychological ‘big-round-number’ ahead of FOMC
· Profit-targets below: 100.37, 100.00, 99.56
Mini-Russell:
· Reacting to earnings reports today and the rest of the week.
· Price-action pushed higher today, perfect sell-zone @ 1144.4
· Short term trading sideways, looking for new lower-lows to sell short
· Profit-targets below: 1130.3, 1127.1, 1123.8
===========================================================
Want to see us trade LIVE? Click here to register for the Free Trial!
Automated Trading Strategy; Let the Computer do the trading
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier Live trade-room as an Advanced Member
