April 30, 2015

How to Profit from Trend-Channels | Day Trading Crude Oil, Gold & Euro Futures 04/30/15


“In any situation,
the best thing you can do is the right thing; the next best thing you can do is
the wrong thing; the worst thing you can do is nothing.” 
Notes for Tonight’s Newsletter:
These markets are
really moving this week; We have bull-channels
on Crude Oil and Euro, and today’s collapse
on Gold gives us opportunities using the bear-channel… are you ready for
Friday?

Crude
Oil
is bullish this evening, trying to push its way up to $60/barrel,
and we have some great clues from
the channel and trading-range for tomorrow’s session.

Gold
is bearish after a huge collapse
down to the lows of the range today
, which will give buyers short-term opportunities until we
get back up to the channel-highs on Friday.

Euro
is bullish inside multiple channels
this evening
, and
our plan remains the same to buy those pullbacks at support levels on our way
higher tomorrow.

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