July 10, 2014
- in Uncategorized by schooloftrade
9 Ways to Profit on Summer-Fridays | SchoolOfTrade Newsletter 07/10/14
“You want to know my secret for success? Success is achieved when you seek out your weaknesses and turn them into strengths.” – Joseph James
Today’s Newsletter:
· Markets Today: Crude Oil & Gold push higher, Mini-Russell collapses but rebounds well
· News for Tomorrow: Summer Friday, nothing major on the calendar
· Trading Opportunities: Selling Crude Oil, Selling Mini-Russell, Buying Gold
· Join our Live Trade Room as a GUEST here
Gold:
– As we expected, pushed higher
– reached our buyer targets
– now waiting for another pullback
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Russell:
– price collapses in London Session
– Rebound in the US session
– still waiting to see who grabs control.
– feels like buyers are waiting for a reason to buy
– no technical reasons to buy right now.
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Crude Oil :
– Buyers took over today
– nothing more than a retracement in the long term trend DOWN
– technical clues say we go LOWER
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