Thursday, March 5, 2015

9 Trades for Non-Farm Payrolls | SchoolOfTrade Day Trading Newsletter 03/05/15




“What we can or cannot do, what we consider possible or impossible, is rarely a function of our true capability. It is more likely a function of our beliefs about who we are.”

Notes for Tonight’s Newsletter:

We have Non-Farm Payrolls to prepare-for tomorrow, and these markets are setting-up for another exciting session of trading opportunities… are you ready?

Crude Oil collapsed off the highs today, all the way down to the range-lows.  We expect buyers to enter the market at these lows, which means we are looking for the buyers to fail before we can sell this again.  Volume is a very important clue for tomorrow!

Gold is bearish after selling-off at the range-highs today, and with volume confirming the move lower we will stay focused on selling each move back up to resistance and will use $1200 as our target.

Russell is bullish after 2 days of profit-taking, but we can easily see consolidation ahead of Non-Farm Payrolls tomorrow.  Our plan to buy at the lows of the wedge, looking for bears to try and fail on our way back to the highs from earlier this week.


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Spike And Ledge Price Action Trading The E-Mini Russell Futures; SchoolOfTrade.com



Selling the Spike and Ledge Pattern highs on the E-Mini Russell allowed us to bank a gorgeous 76 ticks back down!

In today's video we see the E-Mini Russell catching a huge reversal off the lows in a very parabolic move.

This gave us an opportunity to sell the profit taking drop as a Spike and Ledge Pattern short and put away $760 on the trade!

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

Russell 6JJBar
The Russell has formed a failure high and is now pushing lower into formed support.

I am looking to buy at 1228.5, 1226.4, 1225.7, 1225.1, 1221.7, and 1218.2 and knock prices higher.

The first target will be in the middle at 1229.8 with the final target up at 1234.0.

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; Buying the Megaphone Pattern Lows

Gold 6JJBar
Gold has pushed highs and lows forming a Megaphone Pattern which we are at the lows of.

I am looking to buy these lows from 1197.0-1195.8 and push prices back up

The first target will come off in the middle at 1201.2 with the final target back to the highs at 1208.9.

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!

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

Crude 6JJBar
Crude Oil has had a big push lower into a large 123 reversal pattern short.

I am looking to sell the retrace back to 51.30-51.46 and push prices back to the lows.

The first target will come off at 50.77 with the final target lower at 50.24.

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 the WAVE to fresh lows

Euro 6JJBar
The Euro has pushed into a new 456 continuation WAVE to the sell side.

I am looking to sell this retrace back to 1.1021-1.1028 and push prices back lower.

The first target will be near the low at 1.0996 with the final target lower at 1.0970.

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!

Wednesday, March 4, 2015

6 Reasons to SELL Thursday | SchoolOfTrade Day Trading Newsletter 03/04/15




“Get excited for this opportunity!  The higher your energy level, the more efficient your body the more efficient your body, the better you feel and the more you will use your talent to produce outstanding results.”

Notes for Tonight’s Newsletter:

We see BIG CLUES that tell us to look for selling-opportunities on Thursday, but most of them require the buyers to FAIL before we push lower… are you ready?

Crude Oil is bullish as the arm-chair traders begin speculating for higher prices, but today's price is way over-bought so we look for short-term selling before we considering buying anything, and our target remains at $50/barrel.

Gold is bearish, but sitting right on top of the $1200/oz. round- number, so we need to stay patient for price to move away from $1200 ahead of Friday's NFP report so we can sell it back down.

Russell is bearish as investors take profits at all-time highs ahead of Friday’s report.  We are selling resistance levels overhead and using the support levels as targets until something changes!


===========================================================
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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

WAVE Pattern Trading Crude Oil Futures; SchoolOfTrade.com



Selling the WAVE Pattern short this morning after Head and Shoulders Pattern confirmation allowed us to pick up a solid 86 ticks this morning!

In today's video we see Crude Oil reversing off of its highs and forming 123 reversal pattern short.

This gave us an opportunity to sell the Trigger Zone retest and put away a cool $860 on the trade!

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

Russell 6JJBar
The Russell has caught a nice looking fake-break high and we are now testing support.

I am looking to buy tests of support at 1222.6, 1220.8, 1219.8, and 1218.0 to push prices higher.

The first target will be in the middle around 1224.5 with the final target up at 1227.1.

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 been pushing lower into a new 123 reversal pattern off the highs.

I am looking to sell the Trigger Zone test at 1202.3-1203.4 and push prices lower.

The first target will come off near the low at 1198.8 with the final target at 1195.2.

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 support back to test the highs

Crude 6JJBar
Crude Oil has caught a failed second high and is now pushing into formed support.

I am looking to buy this move lower at 49.91, 49.24, and 49.08 and push prices back up once more.

The first target will be off in the middle at 50.24 with the final target above at 51.01.

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 the larger WAVE to new lows

Euro 6JJBar
The Euro has had a solid run down but is getting very choppy so I am waiting for large WAVE lower.

I am looking to sell a deep retrace back to 1.1143-1.1161 and knock prices back lower.

The first target will be near the low at 1.1084 with the final target lower at 1.1024.

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!

Tuesday, March 3, 2015

Price Action Trading Consolidation On The 10-Year Treasury Notes; SchoolOfTrade.com



Selling the highs of consolidation this morning on the 10-Year T-Notes allowed us to bank a solid 27 ticks this morning!

In today's video we see the T-Notes failing at consolidation highs and pushing back in.

This gave us an opportunity to sell the highs back to a new low below consolidation for $421.88

More information on the 10-Year T-Notes can be found here: http://www.barchart.com/commodityfutures/10-Year_T-Note_Futures/profile/ZNM15

E-Mini Russell Futures Day Trading Strategy; Selling the WAVE to new lows

Russell 6JJBar
The Russell has caught a solid reversal off the highs into a new 123 reversal WAVE Pattern Sell.

I am looking to sell this retracement from 1235.2-1236.9 and drop prices to new lows.

The first target will be near the low at 1229.9 with the final target below at 1224.4.

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 been pushing aggressively lower and is now working on its 7th WAVE down.

I am looking to sell this retrace from 1202.8-1203.1 and push prices back down again.

The first target will be near the low at 1201.5 with the final target lower at 1200.2.

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!