July 8, 2015

Day Trading TRAPS for Thursday | Crude Oil, Gold, E-mini & Euro Futures 07/08/15

“Watch your thoughts; they become
words. Watch your words; they become actions. 
Watch your actions; they become habits. 
Watch your habits; they become your character.  Watch your character; it becomes your
destiny.”
Notes for Tonight’s Newsletter:
We continue to see incredible trades this week, and tomorrow
we have trading-ranges to look for ‘traps’
are you ready?

Crude
Oil
is bearish and trading in the middle of a range
this evening after buyers failed to
grab control which means we will be using the range highs and lows for the best
trading opportunities on Thursday.

E-mini
S&P
is trading sideways near the lows of a range
this evening which means we will be
looking for ‘traps’ at the lows and opportunities to buy this back up to the
range-highs on Thursday.

Gold
is bearish inside multiple trend-channels
this evening so we are looking for opportunities to
sell the channel-highs and resistance levels on the way down to the range-lows.

Euro
is bullish and trading inside a channel
which means we will be looking for buying opportunities on
the pullbacks to support levels but staying away from buying the highs on
Thursday.

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