April 6, 2015
- in Uncategorized by schooloftrade
Day Trading the Gap and Overshoot | SchoolOfTrade Day Trading Newsletter 04/06/15
“You gain strength, courage and confidence by every experience in which
you stop to look fear in the face.” –
Eleanor Roosevelt
you stop to look fear in the face.” –
Eleanor Roosevelt
Notes for Tonight’s Newsletter:
Gold and Crude Oil are pushing
higher after the holiday-weekend, but we have some easy clues telling us to
expect prices to move LOWER
before they attempt the next push higher… are you ready for this opportunity
tomorrow?
higher after the holiday-weekend, but we have some easy clues telling us to
expect prices to move LOWER
before they attempt the next push higher… are you ready for this opportunity
tomorrow?
Crude
Oil had a nice bullish run after the holiday weekend but the overshoot
of both bull-channel-highs will likely be too much to keep this price from
moving back to the low even with volume
confirming the highs this afternoon at the close.
Oil had a nice bullish run after the holiday weekend but the overshoot
of both bull-channel-highs will likely be too much to keep this price from
moving back to the low even with volume
confirming the highs this afternoon at the close.
Gold
is coming off a gap-higher over the holiday weekend as traders reacted to the
disappointing jobs report, and we know that most
gaps get filled, and the undershoot of the channel-highs tell us to expect
sellers to be eager to get short on Tuesday!
is coming off a gap-higher over the holiday weekend as traders reacted to the
disappointing jobs report, and we know that most
gaps get filled, and the undershoot of the channel-highs tell us to expect
sellers to be eager to get short on Tuesday!
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