Wednesday, January 21, 2015

3 Trading-Ranges for Thursday | SchoolOfTrade Day Trading Newsletter 01/21/15

“The most important thing you can do to achieve your goals is to make sure that as soon as you set them, you immediately begin to create momentum.  Write down the goal, and then don’t leave the site of setting a goal without taking some form of positive action toward its attainment.”

Notes for Tonight’s Newsletter:
·       Great trading opportunities using the levels from Tuesday’s Newsletter!
·       Gold is bullish; we are buying pullbacks up to the range-highs overhead.
·       Crude Oil is bearish; we are selling the highs of the range and leaving a runner to catch the bigger move later this week.
·       Mini-Russell is bearish, but sideways; we have options to buy the lows and sell the highs, with our preference to sell the highs.
·       Reminder:  Thursday @ 11:00am EST is the Crude Oil Inventory report, which was pushed back 1-day because of the MLK Holiday on Monday.

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