April 1, 2015
- in Uncategorized by schooloftrade
Bull Traps for Tomorrow | SchoolOfTrade Day Trading Newsletter 04/01/15
Click
here to download today’s Charts
here to download today’s Charts
“I am an optimist. It does not seem too much use being anything else.” – Winston Churchill
Notes for Tonight’s Newsletter:
We kicked off the month
of April with a bull-rally
back to $50 on Crude Oil and $1200 on Gold… but look
closely and you start see why smart traders are looking for ‘bull-traps’
on Thursday… are you ready for this?
of April with a bull-rally
back to $50 on Crude Oil and $1200 on Gold… but look
closely and you start see why smart traders are looking for ‘bull-traps’
on Thursday… are you ready for this?
Crude
Oil appears to be bullish this evening, but this low-volume rally back to $50 came at the
end of the First Quarter and we can’t
call this bullish until we see the buyers hold a pullback.
Oil appears to be bullish this evening, but this low-volume rally back to $50 came at the
end of the First Quarter and we can’t
call this bullish until we see the buyers hold a pullback.
Wise
traders will be very careful buying on Thursday and look to sell any failure from the buyers
on the way back to the round-numbers below us!
traders will be very careful buying on Thursday and look to sell any failure from the buyers
on the way back to the round-numbers below us!
Gold
appears to be bullish this evening as well, but today was nothing more than a 1-day rally on very
low
volume, which means smart traders will be looking for the buyers to try at
support levels, and if they
fail we will see price come right back to where it started earlier this
week.
appears to be bullish this evening as well, but today was nothing more than a 1-day rally on very
low
volume, which means smart traders will be looking for the buyers to try at
support levels, and if they
fail we will see price come right back to where it started earlier this
week.
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