June 30, 2015
- in Uncategorized by schooloftrade
Fade the Range Breakouts | Day Trading Crude Oil, Gold, E-mini & Euro Futures 06/30/15
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Notes for Tonight’s Newsletter:
We have range-bound markets going into Wednesday’s session, which means we’re looking for FAILURE opportunities at highs and lows… are you with me?
Crude Oil is bullish coming off the lows of the range, which means buyers will be looking for the sellers to try and FAIL at resistance levels overhead on our way back to range-highs!
E-mini S&P is bearish and range-bound which means we will be looking for bull-traps at the range-highs and taking profit at range lows.
Gold is bear at the lows of the range, which means buyers will be looking for ‘bargains’ and sellers need to stay patient for the best opportunities back up near the highs.
Euro is range-bound and sideways, which makes for easy trades buying the lows and selling the highs with FAILURE patterns on Wednesday.
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