May 6, 2015
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3 Trades for Thursday | Day Trading Crude Oil, Gold & Euro Futures 05/06/15
“I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.” – Michael Jordan Notes for Tonight’s Newsletter: We have bull-channels on […]
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Last Chance WAVE Pattern Trading The E-Mini NASDAQ; SchoolOfTrade.com
Buying the Last Chance WAVE after the Triple Bottom test allowed us to put away 128 ticks this morning! In today’s video we see the NASDAQ completely falling apart at the Triple Bottom low in our Trigger Zone. This gave us an opportunity to buy the Trigger Zone test to profit up $640 on the […]
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E-Mini Dow Futures Day Trading Strategy; Buying the channel lows back for a high test
Dow 377 Tick The Dow has had a great rise higher after the sell pressure let up from the open of the pit. We are now resting at channel lows where I am looking to buy to push prices back up to test the highs. The first target will come off at a retest of […]
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Gold Futures Day Trading Strategy; Buying the range lows back to new highs
Gold 512 Tick Gold has been consolidated and range bound all morning and we are now coming off the lows of this range. I am looking to buy down here for a push back up to attempt the highs at 1196.5. The first target will come off at previous support turned resistance at 1191.7 with […]
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Crude Oil Futures Day Trading Strategy; Selling the channel lower
Crude 610 Tick Crude Oil had a big rise higher after news and quickly took back the entire thing in a big trend down from there. I am looking to sell the channel highs with this continuing sell side pressure. The first target will come off at channel midline support with the final target back […]
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Euro Currency Futures Day Trading Strategy; Selling down to the channel lows
Euro 610 Tick The Euro has had a big channel rising higher all morning where we are catching some selling pressure off of now. I am looking to sell price down to get a test of the channel lows where we can reverse back for longs. The first target and really main target will be […]
Continue reading May 5, 2015
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Price Action Trading The Flag Pattern On Gold Futures; SchoolOfTrade.com
Buying the Flag Pattern breakout this morning allowed us to catch a gorgeous move up for 82 ticks! In today’s video we see Gold catching a beautiful Flag Pattern pullback to the EMA after a bit rise higher. This gave us an opportunity to buy the breakout and put away a solid $820 on the […]
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E-Mini Dow Futures Day Trading Strategy; Selling the large channel to new lows
Dow 377 Tick The Dow has had a very wide downward ranged day and it is looking to continue this move lower. I am looking to sell the channel highs as well as midline resistance to push prices lower. The primary target will be near the last low attempt at 17930 with an extended target […]
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Gold Futures Day Trading Strategy; Buying fake-breaks of the range lows
Gold 512 Tick Gold has had a bit move up this morning and we are now stuck in consolidation up here. I am looking to buy the range lows around 1195.8 to push prices back up to the highs. The first target will be range highs at 1197.9 with the final target back to the […]
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Crude Oil Futures Day Trading Strategy; Buying the large channel lows
Crude 610 Tick Crude Oil has had a HUGE move higher and is correcting back a bit on assumed profit taking. I am looking for longs off a test of the channel lows to push prices back up to revisit the highs once again. The first target will come off at 60.68 with the final […]
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