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July 9, 2015

‘Fade’ these Trading Ranges on Friday | Day Trading Crude Oil, Gold, E-mini & Euro Futures 07/09/15

“Success is not the key to happiness. Happiness is the
key to success. If you love what you are doing, you will be successful.”
Notes for Tonight’s Newsletter:
We have easy trading-ranges
to work with right now which means we will be looking for TRAPS
on Friday… are you ready for this?

Crude
Oil
is trading near the highs of the trading-range
with a bearish-bias which means we
will be looking for ‘bull-traps’
above the highs to get short down to the range-lows on Friday.

E-mini
S&P
is bearish and trading at the lows of the trading-range
which means we will expect to see bear-traps
at the lows and need to stay patient for the best trades up at the highs.

Gold
is trading near the highs of the trading-range
with a bearish-bias which means we
will be looking for ‘bull-traps’ above the highs to get short down to the
range-lows on Friday.

Euro
is trading in the middle of the trading-range
, apparently waiting to hear more from Greece
tomorrow morning, which means we will be looking for ‘traps’
at the highs and lows and staying away from the middle on Friday!

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