Thursday, October 23, 2014

WAVE Pattern Trading The E-Mini Russell Futures; SchoolOfTrade.com



Buying the WAVE Pattern higher allowed us to bank a hefty profit of 74 ticks this morning!

In today's video we see the Russell moving higher forming an absolutely picture perfect WAVE Pattern long.

This gave us an opportunity to buy the WAVE and bank $740 on the trade in just a few minutes!

E-Mini Russell Futures Day Trading Strategy; Buying the WAVE to new highs

Russell 6JJBar
The Russell has pushed aggressively higher into its 7th WAVE to the upside.

I am looking to buy a pullback to 1114.0-1112.8 to prop price back to the highs.

The first target will be near the high at 1117.9 with the final target farther up at 1121.9.

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 resistance back to the lows

Gold 6JJBar
Gold attempted to push lower but quickly failed forming a fake-break low.

I am looking to sell a retrace back to 1229.9-1231.2 to sink price back to the lows again.

The first target will be about half way down at 1227.9 with the final target lower at 1226.3.

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 new highs

Crude 6JJBar
Crude Oil has attempted to push higher but failed in making a higher high.

I am looking to buy a pullback to 81.64, 81.30, and 81.04 to push price right back up again.

The first target will be structure in the middle at 82.04 with the final target at the high of 82.37.

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 back to new lows

Euro 6JJBar
Euro has fallen into a new low after front running the BMT by a few ticks into a new 123 reversal.

I am looking to sell a retrace back to 1.2657-1.2662 to push price back into a new low.

The first target will be near the low at 1.2639 with the final target lower at 1.2621.

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 - Gold Futures

Gold Auto Trader
Gold has had quite the volatile week catching some gorgeous ranges in the intraday price action! This increase has allowed some beautiful trades for the FLEX Auto Trader.

Overall we were able to bank a solid profit of $400 on some fairly strong stats even if this type of week is traditionally a bit more difficult to trade!




Wednesday, October 22, 2014

Support And Resistance Trading The Gold Futures; SchoolOfTrade.com



Selling the resistance after the fake-break low allowed us to bank 62 ticks this morning on a VERY slow day in the markets.

In today's video we see the Gold attempting to push lower but forms a fake-break low and pops right back up again.

This gave us an opportunity to sell the break down of the PLOD/Harmonic Resistance for $620!

E-Mini Russell Futures Day Trading Strategy; Selling resistance back to the lows

Russell 6JJBar
The Russell has attempted to push lower but only formed a fake-break low giving us resistance above.

I am looking to sell resistance from 1112.9-1114.4 and drop price back to a new low.

The first target will be structure in the middle at 1110.3 with the final target at 1106.9.

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 Last Chance to the lows

Gold 6JJBar
Gold has been sinking lower but has retraced back for a test of the BMT into a Last Chance WAVE Sell.

I am looking to sell from 1246.2-1247.0 to push price right back down to the lows.

The first target will be near the lows at 1243.7 with the final target below at 1242.2.

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; Selling the BMT back to the lows

Crude 6JJBar
Crude Oil has had a nice trend to the downside and has now come back to test the BMT at 82.22.

I am looking to sell here back down to the lows to continue its original down trend.

The first target will be back at the initiating swing of 81.92 with the final target below at 81.61.

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 been pushing down quite nicely but has formed a fake-break low at this point.

I am looking to sell a move higher from 1.2703-1.2722 to drop price right back to the lows.

The first target will be structure in the middle at 1.2685 with the final target lower at 1.2655.

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 - Gold Futures

Gold Auto Trader
Gold has had quite the range on it over the past week with prices rocketing higher on the 15th and continuing to creep higher and higher.

This has created a relatively nice environment for the TREND Auto Trader to trade within and bank us a very  nice profit over the week of $820 as Gold creeps its way around this current range it appears to be consolidating in.



Tuesday, October 21, 2014

Can we BUY yet? | SchoolOfTrade Newsletter 10/21/14




Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time. – Thomas A. Edison

Notes for Tonight’s Newsletter:
·       BIG Winning trades from last night’s Newsletter!
·       Crude Oil continues to consolidate, price wedge trading at its best!
·       Gold slowly pushes higher, we stay patient to keep buying pullbacks
·       Mini-Russell rocketed higher today on rumors the ECB will begin ‘QE’
·       We are listening closely for more comments from ECB regarding ‘QE’
·       BIG News tonight in Asia
·       NO major news tomorrow in London (listen for QE commentary)
·       Red-Star News in the US starting at 8:30am EST
·       Crude Oil Inventories tomorrow at 10:30am EST (beware)



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

BIG WINNING Trades on our Newsletter!

Day Trading Mini-Russell Futures
Day Trading Mini-Russell Futures
Last night on our Newsletter we called the trade LONG on the Mini-Russell from 1086.0 as well as 2 profit targets overhead @ 1099.2 and 1104.2.

Both targets were filled for over $3,000 (300ticks) of profit per contract!



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

WAVE Trading The E-Mini Russell Futures; SchoolOfTrade.com



Buying the failed breakout back into the range of the previous day allowed us to bank a FAST 78 ticks this morning!

In today's video we see the Russell hovering right at the PHOD and failing to break down underneath it.

This gave us an opportunity to buy a WAVE Pattern back out of the range for an Inside Out Patter long for $780 in only a few minutes!