Thursday, October 30, 2014

5 Reasons Im a BEAR for Halloween | SchoolOfTrade Newsletter 10/30/14




If you are not willing to risk the unusual, you will have to settle for the ordinary. – Jim Rohn

Notes for Tonight’s Newsletter:

·       Gold keeps pushing lower, reaching our profit-targets
·       Crude Oil drops off the highs, gets stuck in the middle on the way to the lows for our final profit-target
·       Mini-Russell ‘flounders’ around the highs after today’s GDP report, but will it last for tomorrow?
·       NEWS:  Red-Star news in Asia overnight
·       NEWS:  Red-Star news in Europe early tomorrow
·       NEWS:  Red-Star news in US tomorrow @ 8:30am EST
·       ALERT:  End-of-month volatility kicks into high-gear
·       ALERT:  Daylight Savings Time comes to an end in the US on Saturday, remember to turn those COMPUTER clocks back an hour!




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Are you a Gold Trader? Click here to trade Gold
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Support And Resistance Trading The E-Mini Russell Futures; SchoolOfTrade.com



Buying the retest of support allowed us take a quick profit of 54 ticks this morning with almost no heat!

In today's video we see the E-Mini Russell failing to push higher giving us an area of support to buy below.

This gave us an opportunity to buy the retest of support to bank a quick $540 on the trade!

E-Mini Russell Futures Day Trading Strategy; Buying support back to the highs

Russell 6JJBar
The Russell attempted to push higher but is now failing back lower forming a fake-break high.

I am looking to buy a drop  lower to 1135.7 to prop prices back up to the highs.

The first target will be in the middle of the move at 1141.2 with the final target back to the high of 1145.1.

Make sure you sign up for our trial to the Live Trade Room so you don't miss this trade! You will be able to follow along with us as we take it LIVE in the room!

Gold Futures Day Trading Strategy; Selling the WAVE to new lows

Gold 6JJBar
Gold has fallen lower onto its 456 continuation WAVE short and falling farther.

I am looking to sell a retrace back to 1200.9-1201.7 to drop prices back to the lows.

The first target will be near the low at 1198.4 with the final target lower at 1195.8.

Make sure you sign up for our trial to the Live Trade Room so you don't miss this trade! You will be able to follow along with us as we take it LIVE in the room!

Crude Oil Futures Day Trading Strategy; Selling the WAVE to new lows

Crude 6JJBar
Crude Oil has dropped onto its 11th WAVE short and is looking to continue this move.

I am looking to sell a retrace back to 81.18-81.26 to push price back to the lows.

The first target will be near the low at 80.94 with the final target below at 80.69.

Make sure you sign up for our trial to the Live Trade Room so you don't miss this trade! You will be able to follow along with us as we take it LIVE in the room!

Euro Currency Futures Day Trading Strategy; Selling resistance back to the lows

Euro 6JJBar
The Euro has failed at the lows forming a fake-break low giving us resistance above to sell.

I am looking to sell a move higher to 1.2635 as well as above that at 1.2669.

The first target will be the BMT in the middle of the move at 1.2602 with the final target at 1.2548.

Make sure you sign up for our trial to the Live Trade Room so you don't miss this trade! You will be able to follow along with us as we take it LIVE in the room!

Automated Trading Strategy Review - Natural Gas Futures

Nat Gas Auto Trader
Natural Gas has had a great week overall giving us some nice wide ranges and really allowing the TREND Auto Trader to tag some nice runners!

Overall we have the TREND Auto Trader banking us a hefty profit of $1,060 this past week with relative ease and some MAJOR stats coming back for the week!




Wednesday, October 29, 2014

3 Trades SHORT for Thursday | SchoolOfTrade Newsletter 10/29/14



Click here to download today’s Charts + BONUS!

Formal education will make you a living; self-education will make you a fortune. – Jim Rohn

Notes for Tonight’s Newsletter:

·       Markets reacted to the FOMC Announcement today
·       Gold pushes lower, targets at $1200/oz
·       Crude Oil pushed higher, perfect to sell the highs!
·       Mini-Russell pushed higher, overbought and looking short!
·       NEWS:  Red-Star news starting @ 6:00am EST in Europe
·       NEWS:  Red-Star news starting @ 8:30am EST in US
·       ALERT:  Reaction to FOMC will increase volatility tomorrow!
·       ALERT:  End-of-month volatility begins tomorrow!


===========================================================
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Automated Trading Strategy; Let the Computer do the trading
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier Live trade-room as an Advanced Member

FOMC Announcement: Fed holds rates unchanged and maintains 'considerable time' for raising rates

(US) FOMC HOLDS FED FUNDS RATE TARGET AT 0.25%:

FED COMPLETES TAPER OF BOND PURCHASES, AS EXPECTED; MAINTAINS "CONSIDERABLE TIME" LANGUAGE

- Vote 9-1:  (The committee) believed that, in light of continued sluggishness in the inflation outlook and the recent slide in market-based measures of longer-term inflation expectations, the Committee should commit to keeping the current target range for the federal funds rate at least until the one-to-two-year ahead inflation outlook has returned to 2 percent and should continue the asset purchase program at its current level. (Reminder: Fisher and Plosser dissented at last meeting)

- Economic activity is expanding at a moderate pace. Labor market conditions improved somewhat further, with solid job gains and a lower unemployment rate. 

Head And Shoulder Pattern Trading The Crude Oil Futures; SchoolOfTrade.com



Selling the Head and Shoulders Pattern short allowed us to scalp out a quick 78 ticks this morning!

In today's video we see Crude Oil forming a Head and Shoulders Pattern high and fading off.

This gave us an opportunity to sell the retest of the neck line to bank a quick and easy $780 on the trade!

Tuesday, October 28, 2014

2 things to AVOID Wednesday | SchoolOfTrade Newsletter 10/28/14




If someone is going down the wrong road, he doesn’t need motivation to speed him up. What he needs is education to turn him around. – Jim Rohn

Notes for Tonight’s Newsletter:
·       Markets slow ahead of important FOMC Announcement tomorrow @ 2:00pm EST
·       Gold keeps grinding lower, consolidating ahead of FOMC news
·       Crude Oil trades at the highs of the bearish price-channel so we are ready to sell short ahead of FOMC
·       Mini-Russell pulled-back and rocketed higher today, hitting all 3 of our profit-targets from Last Night’s Newsletter!
·       NEWS:  Red-Star news from Japan tonight @ 7:50pm EST
·       NEWS:  Crude Oil Inventories Wednesday @ 10:30am EST
·       NEWS:  All eyes focused on Wednesday’s FOMC Announcement @ 2pm EST
·       End of the month volatility kicks into high-gear


===========================================================
Want to see us trade LIVE?  Click here to register for the Free Trial!
Automated Trading Strategy; Let the Computer do the trading
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell

Are you a Gold Trader? Click here to trade Gold
Join the Premier Live trade-room as an Advanced Member

Price Action Trading The News On The Gold Futures; SchoolOfTrade.com



Selling the news candle breakout failure allowed us to bank a hefty 87 ticks right back down!

In today's video we see Gold shooting higher on 0830EST news where the sellers immediately started to defend the highs.

This gave us an opportunity to sell the failure back down for a gorgeous profit of $870!

E-Mini Russell Futures Day Trading Strategy; Buying support back to the highs

Russell 6JJBar
The Russell has attempted and failed to make a higher high giving us support below to work with.

I am looking to buy a dip lower at 1123.1, 1119.4, and 1118.2 to push price back up again.

The first target will be the BMT's in the middle around 1125's with the final target back up at 1130.9.

Make sure you sign up for our trial to the Live Trade Room so you don't miss this trade! You will be able to follow along with us as we take it LIVE in the room!

Gold Futures Day Trading Strategy; Selling the WAVE to fresh lows

Gold 6JJBar
Gold has reversed back to the lows below the BMT and is now forming a minor WAVE short.

I am looking to sell a retrace back to 1231.3-1232.1 to drop price farther to a new low.

The first target will be at 1228.5 near the low with the final target lower at 1225.6.

Make sure you sign up for our trial to the Live Trade Room so you don't miss this trade! You will be able to follow along with us as we take it LIVE in the room!

Crude Oil Futures Day Trading Strategy; Buying the WAVE to new highs

Crude 6JJBar
Crude Oil caught a significant reversal from the lows and is now pushing a 123 reversal WAVE Pattern.

I am looking to buy a pullback to 80.87-80.79 to prop prices right back to the highs.

The first target will be near the high at 81.14 with the final target above at 81.41.

Make sure you sign up for our trial to the Live Trade Room so you don't miss this trade! You will be able to follow along with us as we take it LIVE in the room!