June 11, 2013
- in Uncategorized by schooloftrade
Predict Winning Trades BEFORE they happen with our Professional Morning Prep
Every morning
we provide very detailed morning prep
for our Advanced Members in the Live Trade Room at 8:00am EST. In addition to reviewing this LIVE with our
members, we also post our charts and commentary on our blog so that EVERYONE
can use them. In today’s video I will
review the morning prep and see if we were accurate in our ‘projections’ for
our favorite
futures markets, Crude Oil, euro, Gold and Mini Russell.
we provide very detailed morning prep
for our Advanced Members in the Live Trade Room at 8:00am EST. In addition to reviewing this LIVE with our
members, we also post our charts and commentary on our blog so that EVERYONE
can use them. In today’s video I will
review the morning prep and see if we were accurate in our ‘projections’ for
our favorite
futures markets, Crude Oil, euro, Gold and Mini Russell.
Every professional
trader has a morning routine, and our routine defines the direction we want to
trade, along with the exact price levels we want to use for the entry on the
trade.
trader has a morning routine, and our routine defines the direction we want to
trade, along with the exact price levels we want to use for the entry on the
trade.
 |
| Euro Price Channel |
We traded
the Euro first this morning, and this was a very easy trade to take after we
found a bull price
channel on the 60-minute chart.
The easiest way to trade a bull price channel is to wait and buy the
lows or the support below the lows of the price channel. This morning we predicted that the
high-percentage-trades would be LONG buying the lows of the price channel and
that is EXACTLY what happened.
the Euro first this morning, and this was a very easy trade to take after we
found a bull price
channel on the 60-minute chart.
The easiest way to trade a bull price channel is to wait and buy the
lows or the support below the lows of the price channel. This morning we predicted that the
high-percentage-trades would be LONG buying the lows of the price channel and
that is EXACTLY what happened.
We predicted Euro would
rise this morning and our members profited from it every tick of the way!
rise this morning and our members profited from it every tick of the way!
 |
| Crude Oil Price Wedge |
Crude Oil
was also a very easy trade to predict this morning. We saw a BIG clue on the 60-minute anchor
chart which was a price
wedge. On top of the price wedge
we saw a bullish price channel which gave us all the clues we needed this
morning to know that Crude Oil was going to move higher. Once we know the direction, we just needed to
wait patiently for price-action to rise off the lows and then we bought
pullbacks all the way up.
was also a very easy trade to predict this morning. We saw a BIG clue on the 60-minute anchor
chart which was a price
wedge. On top of the price wedge
we saw a bullish price channel which gave us all the clues we needed this
morning to know that Crude Oil was going to move higher. Once we know the direction, we just needed to
wait patiently for price-action to rise off the lows and then we bought
pullbacks all the way up.
We anticipated that
Crude Oil would ‘bounce’ off the price wedge lows, so our members were buying
Crude Oil this morning according to our morning prep.
Crude Oil would ‘bounce’ off the price wedge lows, so our members were buying
Crude Oil this morning according to our morning prep.
 |
| Gold Double Top |
Gold futures
were a MESS this morning on our charts, price-action was moving all over the
place, but we had ONE EASY CLUE from the 60-minute anchor chart. The big clue we saw this morning was the double-top
overhead. We use a double-top as a
buying opportunity, and that is exactly what we did this morning.
were a MESS this morning on our charts, price-action was moving all over the
place, but we had ONE EASY CLUE from the 60-minute anchor chart. The big clue we saw this morning was the double-top
overhead. We use a double-top as a
buying opportunity, and that is exactly what we did this morning.
The double-top on the
Gold anchor chart told us to look for buying opportunities and we made profit
buying as price moved higher
Gold anchor chart told us to look for buying opportunities and we made profit
buying as price moved higher
 |
| Russell Buy Zone |
The Mini
Russell was another EASY trade for us this morning. We projected the Mini Russell would fall
lower in the short term, but we were ready to BUY LONG when it tested a key buy-zone
below us on the 60-minute anchor chart.
We had to sit-on-hands for a few minutes as price moved into our
buy-zone, but once we saw price-action move higher from the buy-zone we knew
there was a high-percentage-trades with our name on it!
Russell was another EASY trade for us this morning. We projected the Mini Russell would fall
lower in the short term, but we were ready to BUY LONG when it tested a key buy-zone
below us on the 60-minute anchor chart.
We had to sit-on-hands for a few minutes as price moved into our
buy-zone, but once we saw price-action move higher from the buy-zone we knew
there was a high-percentage-trades with our name on it!
We stayed patient to
buy the Mini Russell ONLY after it moved into our buy-zone on the 60-minute
chart
buy the Mini Russell ONLY after it moved into our buy-zone on the 60-minute
chart
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Are you a Euro Trader? Click here to trade Euro
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Are you a Gold Trader? Click here to trade Gold
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