July 1, 2013
Crude Oil & Gold Futures Day trading strategy for Monday 07/01/13
This morning
was very profitable in our Live Trade Room with our Members, and we used our Morning
Newsletter to plan our trades BEFORE they happened to make sure we were
ready for all the opportunities that came our way today. In today’s video you will learn how we traded
Crude Oil and Gold Futures using our Morning Newsletter and day trading
strategy.
was very profitable in our Live Trade Room with our Members, and we used our Morning
Newsletter to plan our trades BEFORE they happened to make sure we were
ready for all the opportunities that came our way today. In today’s video you will learn how we traded
Crude Oil and Gold Futures using our Morning Newsletter and day trading
strategy.
We use the Morning Newsletter to help
us plan for our trading ahead of time
us plan for our trading ahead of time
 |
| Gold 60-Minute Chart |
We began
this morning with Gold
Futures, and we used the Price-reversal-zone to tell us exactly where
to buy and sell today when price broke out of its overnight trading range. We were able to use the support buy-zone at
1236.1 to buy the lows four separate times, each were winning trades with proper
trade-management. The last
opportunity we saw to buy the lows ended up being a MONSTER winning trade
towards the middle of the morning session in the US.
this morning with Gold
Futures, and we used the Price-reversal-zone to tell us exactly where
to buy and sell today when price broke out of its overnight trading range. We were able to use the support buy-zone at
1236.1 to buy the lows four separate times, each were winning trades with proper
trade-management. The last
opportunity we saw to buy the lows ended up being a MONSTER winning trade
towards the middle of the morning session in the US.
Gold made it easy on us today with a price
wedge we bought lows and sold highs
wedge we bought lows and sold highs
 |
| Gold 13-Range Chart |
Gold made it
EASY for us today with a price
wedge that told us to buy-the-lows at support and sell-the-highs at
resistance and that’s exactly what we did.
We made it VERY easy for our members in the Live Trade Room today by
projecting (using Fibonacci)
where we would be looking to buy and sell inside the price wedge. Just before we finished the morning session
we got a breakout to new high-highs, and it was a perfect example of how to trade
a price wedge breakout on Gold this morning.
EASY for us today with a price
wedge that told us to buy-the-lows at support and sell-the-highs at
resistance and that’s exactly what we did.
We made it VERY easy for our members in the Live Trade Room today by
projecting (using Fibonacci)
where we would be looking to buy and sell inside the price wedge. Just before we finished the morning session
we got a breakout to new high-highs, and it was a perfect example of how to trade
a price wedge breakout on Gold this morning.
We found a bull price
channel on Crude Oil which made today’s prep very easy
channel on Crude Oil which made today’s prep very easy
 |
| Crude Oil 60-Minute Chart |
The first
thing we saw on Crude Oil this morning was this large bullish price channel on
the 60-minute anchor chart. We know
exactly what to do when we see a price channel, we trade in the same direction,
and this morning that meant buying
pullbacks with new high-highs starting at the lows of the price channel
around 96.50.
thing we saw on Crude Oil this morning was this large bullish price channel on
the 60-minute anchor chart. We know
exactly what to do when we see a price channel, we trade in the same direction,
and this morning that meant buying
pullbacks with new high-highs starting at the lows of the price channel
around 96.50.
We used our Wave
Pattern with Price Symmetry to project the PERFECT profit-target on Crude
Oil today.
Pattern with Price Symmetry to project the PERFECT profit-target on Crude
Oil today.
 |
| Crude Oil 13-Range Chart |
Crude Oil gave
us 4 easy trading opportunities this morning before the end of the morning. First, we saw a very profitable Inside-Out
Set-Up which happened on Sunday night going into Monday morning. As we said this morning, the EARLY BIRD got
the best trade of the morning on Crude Oil buying the PLOD from last Friday and
taking a profit-target at the PHOD.
us 4 easy trading opportunities this morning before the end of the morning. First, we saw a very profitable Inside-Out
Set-Up which happened on Sunday night going into Monday morning. As we said this morning, the EARLY BIRD got
the best trade of the morning on Crude Oil buying the PLOD from last Friday and
taking a profit-target at the PHOD.
The best
trades after 8:00am EST this morning came from following our day
trading plan to buy pullback. We
saw 2 easy Wave Patterns on the way to the PHOD and then used the price
symmetry of the AB=CD Pattern to tell us exactly where to take our profit-target
and look for the price-reversal.
trades after 8:00am EST this morning came from following our day
trading plan to buy pullback. We
saw 2 easy Wave Patterns on the way to the PHOD and then used the price
symmetry of the AB=CD Pattern to tell us exactly where to take our profit-target
and look for the price-reversal.
Finally, the final trading opportunity
this morning was selling short using the Symmetry
resistance zone overhead at 98.30.
this morning was selling short using the Symmetry
resistance zone overhead at 98.30.
We were able
to buy all the way up to 98.30 but our day trading plan told us to take our profit-target
there and then look for a short term selling opportunity. The long-term-trend is higher, so we know
that buying pullback is still the best trading opportunities, but we can also
use these short term price-reversals
to make some easy cash before the end of the morning session in our Live Trade
Room.
to buy all the way up to 98.30 but our day trading plan told us to take our profit-target
there and then look for a short term selling opportunity. The long-term-trend is higher, so we know
that buying pullback is still the best trading opportunities, but we can also
use these short term price-reversals
to make some easy cash before the end of the morning session in our Live Trade
Room.
Want to see the EXACT trades we took
today?
today?
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