March 11, 2015

Which way for Wednesday? | SchoolOfTrade Day Trading Newsletter 03/10/15


“Most people have no idea of the giant capacity we can
immediately command when we focus all of our resources on mastering a single
area of our lives.”
Notes for Tonight’s Newsletter:

We are seeing mixed-clues
ahead of Wednesday’s trading session; 
after today’s big selloff we can expect to see a correction
off these lows… but don’t count out those bears… are you ready for tomorrow?

Crude
Oil
is bearish and giving us mixed-clues for tomorrow.
 
We can see volume confirming the new lows today, but we also see a channel-undershoot
at the lows.  This tells us to stay
patient to sell at resistance levels after the correction, and we have targets
below!
Gold
is bearish, but volume does not confirm this move lower today
, which tells us we will likely see
traders take their profit
at the lows.  Stay patient to sell at
resistance levels overhead, and aggressive trades can look at buying
on the way up to the resistance levels.
Russell
is bearish, trading at the lows of the bear-channel
and we will wait to sell at
channel-highs as well as the resistance levels overhead.  We are keeping an eye on the range-expansions
very closely!

·       Join our Live Trade Room as a GUEST here
===========================================================
Want to see us trade LIVE? 
Click here to register for the
Free Trial!
Are you a Crude Oil Trader? Click here to
trade Crude Oil
Are you a Euro Trader? Click here to
trade Euro
Are you an E-Mini Russell Trader? Click here to trade
E-Mini Russell
Are you a Gold Trader? Click here to trade
Gold
Join the Premier Live trade-room as an Advanced Member

    schooloftrade

    Click Here to Leave a Comment Below

    Leave a Reply: