July 21, 2015

My Plan for Wednesday | Day Trading Crude Oil, Gold, E-mini & Euro Futures 07/21/15

Don’t be afraid to try something new.
The ark was built by amateurs, and the Titanic was built by experts!
Notes for Tonight’s Newsletter:
These markets are
setting-up for more trading opportunities on Wednesday;  Crude Oil and Euro are testing key-resistance,
Gold continues to trade the ‘flag’ and the E-Mini S&P is pulling-back off
the highs… are you ready for tomorrow?

Crude
Oil
is bearish and coming off an easy selling opportunity at resistance
overhead;
Sellers
will keep looking for opportunities at resistance and buyers will be looking
for those sellers
to fail
at support levels for buying opportunities.
E-mini
S&P
is bullish, but after testing the highs of the range
with an ‘overshoot’
of the channel-highs we expect to see this price re-test the channel-lows
before going back up to new highs.
Gold
is trading inside a bear-flag this week
which means sellers will be looking for opportunities up
near the highs
of the range
and buyers will stay patient to look for seller-failures at
the range-lows.
Euro
is bearish and trading at a very important area on the chart
near the lows of the price-wedge and
trading-range.  Sellers will look for
opportunities as we move lower, and the buyers will be anxious to see the sellers
fail
because that will send this price up into the range above us with a
target at 1.1100.

·       Join our Live Trade Room as a GUEST here

===========================================================
Want to see us trade LIVE? 
Click here to register for the
Free Trial!
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

    schooloftrade

    Click Here to Leave a Comment Below

    Leave a Reply: