Trading With Head and Shoulders Patterns; SchoolOfTrade.com

In today’s video we will teach you how to use the Head and Shoulders pattern to find high-percentage trade set-ups in any liquid market around the world. 

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil has pushed down to test the wedge lows and is pushing right back up again off of those lows. I am looking to hop on with the buyers to push price higher back to the minor supply above from 104.07 - 104.20 as well as targeting a larger move up to supply from 104.70 - 104.99 and the wedge highs above that. If we do fall lower we can look for shorts to the BMT magnet at 103.04.

Come join us in the room and see how we do it!

Automated Trading Strategy Review - E-Mini Russell Futures

Russell Auto Trader

The Russell has been quite trendy this past week giving us some solid moves but we have recently moved into more of a consolidation period where we are seeing more sideways action. The first trade of the week was a HUGE winner bringing early profits to the table and allowing us to sit back and relax for the rest of the week in the choppy price action! We had the TREND Auto Trader bank us a gorgeous $2,580 this past week overall!



Come join us in the room and see how we do it!

Day Trading Crude Oil, Gold, E-Mini Russell | SchoolOfTrade Newsletter 04/16/14

Charlie Chaplin

“The meeting of preparation and opportunity generates the offspring we call luck.”

Click here to download today’s Newsletter Charts & Commentary

Today’s Newsletter:

·       Markets Today:  Crude Oil tumbles, Mini-Russell and Gold trade sideways

·       News Today: Janet Yellen, Manufacturing, Crude Oil & Housing Market

·       News for Tomorrow:  Last day of the week, Russia talks, Jobless Claims

·       Trading Opportunities: Buying Crude Oil and Sideways Mini-Russell, Gold

The Markets Today:

Crude Oil:

Crude Oil VIP Chart

Crude Oil opened higher this morning in the US, with the situation developing in Ukraine being the main reason for the buyers keeping this price-action moving higher.

Later in the session we heard from the Inventory Report, which came out VERY bearish (10M vs. 1M) and price tumbled off those highs and almost gave back all of the gains from earlier this week.

We can see the PLOD at 102.94 was never tested, and we closed today well off the lows, suggesting that this drop this afternoon was likely fueled by profit-taking so we will be looking for buying opportunities this evening and into tomorrow.

Wave Trading Gold Futures; SchoolOfTrade.com

In today's video we have Gold Futures pushing down aggressively below the previous days levels and staying strongly below the cloud and BMT's. Once we had the buyers attempt to push price higher, they quickly failed right back down for a gorgeous 123 reversal pattern into a WAVE Pattern Short for us to trade on allowing us to bank a solid $460 profit in just a few minutes!

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil has caught a nice block of buying to push price up to break the previous highs but we have now ran into the wedge highs from the previous swings. We appear to be respecting these highs so I will be looking to hop on the sell side to drop price lower back to the wedge lows and the demand area from 103.59 - 103.43. If we do break higher we would need to get above the wedge highs before looking to buy with conviction.

Come join us in the room and see how we do it!

Automated Trading Strategy Review - Gold Futures

Gold Auto Trader

Gold has had quite a lot of aggressive movement over the past week giving us a lot of opportunity to hop on with the FLEX Auto Trader and bank some solid profits! Overall this past week we had the FLEX give us a gorgeous return of $870 this past week on some very strong stats! This type of week was more of a trendy type market condition and the FLEX for Gold Futures STILL brought in profits!


Come join us in the room and see how we do it!

Trading With ZigZag Patterns; SchoolOfTrade.com

In today's video we take a look at the ZigZag Pattern. 
A very solid pattern that can get you in to some VERY solid and high percentage trades! 
It is very easy to find them and when you can find a good looking one, it can make you some serious cash!

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil has pushed and rejected out of supply at the highs from 104.24 - 104.75. This rejection lower has a tight trend channel coming back lower for a bit of profit taking. I am looking to sell with this minor trend channel down to demand at 102.71 - 102.37 and the BMT under that at 102.30 before we start looking right back to the upside to revisit the previous highs and wedge highs at 104.50's or so.

Come join us in the room and see how we do it!

Automated Trading Strategy Review - Gold Futures

Gold Auto Trader

Gold has been overall bullish over the past week making shallow new highs pretty much every day. This morning we have a monster sell off on HUGE aggression. This type of breakout market are what the TREND Auto Trader LOVES to see but with the size of the ranges it kept us out of some trades as the risk was too high. We were still able to bank a solid $400 this past week!

Come join us in the room and see how we do it!

Day Trading Crude Oil, Gold, E-Mini Russell | SchoolOfTrade Newsletter 04/14/14

Peephole Kinetoscope

“I have not failed.  I’ve just found 10,000 ways that won’t work.  There is no such thing as failure, only results.”

Click here to download today’s Newsletter Charts & Commentary

Today’s Newsletter:

·       Markets Today:  Gold rises, Crude Oil  & Mini-Russell trade sideways

·       News Today: Bullish Retail Sales, Soap-Opera continues in Ukraine

·       This Day in History:  The Peephole Kinetoscope, Titanic strikes ice, and Webster’s Dictionary comes alive!

·       News for Tomorrow:  Holy-Moly we have a TON of news on the schedule!

·       Chart Prep for tomorrow:  Buying Opportunities on Crude Oil & Gold, Sideways Range and Selling Opportunities on E-Mini Russell

Reflections from Today:

·      Markets Today:

o   Crude Oil: 

§  121 ticks of range (typical)

§  Closing-print @ 103.63 (+0.29%)

o   Gold:

§  127 ticks of range (typical)

§  Closing-print @ 1326.6 (+0.25%)

o   Mini-Russell:

§  229 ticks of range (wide)

§  Closing-print @ 1111.6 (+0.32%)

·      News Today:

o   Earnings released today for Citibank, very strong

o   8:30am:  Retail Sales show broad strength

o   10:00am:  Business Inventories as-expected

·      This Day In History:

o   April 14, 1828:  Noah Webster releases his first edition of the Webster Dictionary

o   April 14, 1865:  Abraham Lincoln was assassinated by John Wilkes Booth

o   April 14, 1894:  Thomas Edison’s invention, the Peephole Kinetoscope, later named the Motion Picture, is shown to the public for the first time in NYC.

o   April 14, 1912:  The Ship Titanic strikes an iceberg, scheduled to sink in less than 24 hours

·      News Tomorrow

o   We have a very busy week ahead!

§  Options Expiration on Thursday this week

§  Holy Week:  Passover (Jewish) & Easter Sunday (Christian)

§  Income Tax Pay Day Tuesday (April 15^th)

o   More Red-Star News!!

o   3:15am: (CH) Producer Price Index

o   4:30am: (GB) Consumer Price Index

o   5:00am: (DE)  ZEW Survey

o   8:30am: (US) Consumer Price Index

o   9:00am: (US) Treasury International Capital

o   10:00am: (US) Housing Market Index

o   All Day: (US) Income Taxes Due

Economic News for Tomorrow:

Economic News for Tomorrow

We have a VERY busy week of economic news, options expiration, 2 religious holidays, and it’s tax day here in the United States! 

Price Action Reversal Trading The E-Mini Russell Futures; SchoolOfTrade.com

In today's video we see a HUGE price action reversal on the E-Mini Russell that drops price straight off of the highs for a gorgeous short opportunity to the downside for $430 per contract! This set up almost picture perfect for the rejection and made it all to easy for us to bank some serious profits in just a few minutes worth of work!

Major Futures Markets Day Trading Strategies

Crude 60-Minute

Crude Oil is currently testing a fresh wedge low and bouncing off of it back up. I am looking to hop on with these buyers back up to supply starting at 104.24 - 104.75 with the previous highs in the mix at 104.55. If we do push lower again we have the demand zone from 103.36 - 103.10 that will still be acting as support back to the highs once more.


Come join us in the room and see how we do it!

Automated Trading Strategy Review - Natural Gas Futures

Nat Gas Auto Trader

Natural Gas has been seeing some very strong price action this week which is knocking price around but overall we are still trending higher. These pushes that we are seeing to the highs are coming on some solid strength allowing the TREND Auto Trader to bank some solid profits on the pushes higher and catching some very nice moves! Overall we had the TREND Auto Trader bank us a gorgeous $740 this past week!

Come join us in the room and see how we do it!

Weekly Wrap-Up | The April Correction; Markets reacting bearishly this week

Markets were all over the place this week, with the end of the week resulting in global equity indices melting and bond yields contracting.  So...what happened?

Many media outlets said there was no real catalyst for the sell-off; however a quick review of some of the more bearish developments over recent days paints an ugly picture for risk assets:

What Happened this Week:

·       No extra easing from the Bank of Japan;

·       No stimulus from Beijing;

·       ECB easing not a sure bet and likely a long way off;

·       FOMC members reeling in fed fund futures expectations;

·       fifty thousand Russian troops camped out on Ukraine's eastern border as armed pro-Russian instigators barricade themselves in government buildings;

·       A second consecutive month of disappointing Chinese trade data;

·       Brutal contractions in mortgage issuance at JPMorgan and Wells Fargo;

·       Sky-high P/E ratios among momentum stocks.

The Result:

·      All three major US indices are below their 50-day moving averages, and the Nikkei225 index is down 7.3% on the week.

·      Europe did not suffer as much, although equities were weak on Friday.

·       For the week, the DJIA fell 2.3%, the S&P500 dropped 2.6% and the Nasdaq tumbled 3.1%.