May 18, 2015
- in Uncategorized by schooloftrade
Tuesday’s Trading Strategy | Day Trading Crude Oil, Gold & Euro Futures 05/18/15
“You want to know my secret for success?
Success is achieved when you seek out your weaknesses and turn them into
strengths.”
Success is achieved when you seek out your weaknesses and turn them into
strengths.”
Notes for Tonight’s Newsletter:
We have plenty of trading
opportunities waiting for us on Tuesday; Crude
Oil is trading in a wedge, Gold
is pulling-back to key-support levels, and the Euro
is trying to test the bull-channel lows… are you ready for tomorrow?
 |
| Crude Oil |
Crude
Oil is trading in the middle of a price-wedge this evening so our plan is to buy the lows, sell
the highs, and stay away from the middle
of this range for the easiest trading opportunities on Tuesday.
Oil is trading in the middle of a price-wedge this evening so our plan is to buy the lows, sell
the highs, and stay away from the middle
of this range for the easiest trading opportunities on Tuesday.
 |
| Gold |
Gold
is bullish, trading inside multiple bull-channels and making new highs in today’s session. We are looking for buy opportunities up-to
the measured-move
highs, and we will use support levels below us as well as pullbacks if we push
higher off the channel-lows.
is bullish, trading inside multiple bull-channels and making new highs in today’s session. We are looking for buy opportunities up-to
the measured-move
highs, and we will use support levels below us as well as pullbacks if we push
higher off the channel-lows.
 |
| Euro |
Euro
is bullish in the long-term but cycling off the channel-highs with a short-term bear-channel which
will likely result in prices trying to push to the lows of the long-term
channel. We can see additional ‘range-expansion’
support at 1235 where we will easily get our best buying opportunity near the
channel-lows.
is bullish in the long-term but cycling off the channel-highs with a short-term bear-channel which
will likely result in prices trying to push to the lows of the long-term
channel. We can see additional ‘range-expansion’
support at 1235 where we will easily get our best buying opportunity near the
channel-lows.
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