May 20, 2015
- in Uncategorized by schooloftrade
8 Trades for Thursday | Day Trading Crude Oil, Gold & Euro Futures 05/20/15
“Twenty years from now you will be more disappointed by the things that
you didn’t do than by the ones you did do. So throw off the bowlines. Sail away
from the safe harbor. Catch the trade winds in your sails. Explore. Dream.
Discover.”
you didn’t do than by the ones you did do. So throw off the bowlines. Sail away
from the safe harbor. Catch the trade winds in your sails. Explore. Dream.
Discover.”
Notes for Tonight’s Newsletter:
 |
| Crude Oil |
Crude
Oil and Gold
are bullish coming off their channel-lows, while the Euro
remains bearish going into Thursday’s
session… are you ready for tomorrow?
Oil and Gold
are bullish coming off their channel-lows, while the Euro
remains bearish going into Thursday’s
session… are you ready for tomorrow?
Crude
Oil is bullish coming off the bear-channel-lows and heading towards the highs of the
channel where we will expect to see new sellers
enter the market. Our plan is to look
for opportunities to buy at
support levels on the way up to resistance levels above.
Oil is bullish coming off the bear-channel-lows and heading towards the highs of the
channel where we will expect to see new sellers
enter the market. Our plan is to look
for opportunities to buy at
support levels on the way up to resistance levels above.
 |
| Gold |
Gold
is bullish coming off the lows of a bull-channel and trading sideways inside a
range. Our plan is to look for opportunities
to buy at support levels on the way higher and take profit at the resistance
targets overhead.
is bullish coming off the lows of a bull-channel and trading sideways inside a
range. Our plan is to look for opportunities
to buy at support levels on the way higher and take profit at the resistance
targets overhead.
 |
| Euro |
Euro
is bearish, with a bear-channel and short-term trading-range to work with on Thursday. Our plan is to sell short at resistance levels
and take our profit at support levels below.
is bearish, with a bear-channel and short-term trading-range to work with on Thursday. Our plan is to sell short at resistance levels
and take our profit at support levels below.
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