May 22, 2015
- in Uncategorized by schooloftrade
6 Trades for Memorial Day | Day Trading Crude Oil, Gold & Euro Futures 05/21/15
“Courage is not the absence of fear, but rather the judgment that
something else is more important than fear.”
something else is more important than fear.”
Notes for Tonight’s Newsletter:
We have some great trading
opportunities heading into the Memorial
Day Weekend; We are looking to sell Crude
Oil and Euro
and buy Gold
on Friday… are you ready for these?
opportunities heading into the Memorial
Day Weekend; We are looking to sell Crude
Oil and Euro
and buy Gold
on Friday… are you ready for these?
 |
| Crude Oil |
Crude
Oil is bullish in the short-term and trading inside a range after breaking the highs of the
long-term bear-channel; Sellers will be trying to send this market back to re-test
the $58.00 lows, and the buyers will be trying to push up to targets above.
Oil is bullish in the short-term and trading inside a range after breaking the highs of the
long-term bear-channel; Sellers will be trying to send this market back to re-test
the $58.00 lows, and the buyers will be trying to push up to targets above.
 |
| Gold |
Gold
is long-term bullish and short-term bearish; our plan is to look for selling-opportunities down to
the measured-move-support,
followed with buying-opportunities up off the channel-lows. We have a trading range to work with that
will give us areas of interest in both directions.
is long-term bullish and short-term bearish; our plan is to look for selling-opportunities down to
the measured-move-support,
followed with buying-opportunities up off the channel-lows. We have a trading range to work with that
will give us areas of interest in both directions.
 |
| Euro |
Euro
is bearish after a failed-breakout
at the highs of the trading-range; our plan is to look for selling opportunities at resistance
levels down to the support levels listed below.
is bearish after a failed-breakout
at the highs of the trading-range; our plan is to look for selling opportunities at resistance
levels down to the support levels listed below.
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