Tuesday, January 20, 2015

6 Trades for Wednesday | SchoolOfTrade Day Trading Newsletter 01/20/15

“Goals are a means to an end, not the ultimate purpose of our lives. They are simply a tool to concentrate our focus and move us in a direction. The only reason we really pursue goals is to cause ourselves to expand and grow. Achieving goals by themselves will never make us happy in the long term; it’s who you become, as you overcome the obstacles necessary to achieve your goals, that can give you the deepest and most long-lasting sense of fulfillment.”

Notes for Tonight’s Newsletter:
·       Traders returned to their desks today after the Martin Luther King Jr Holiday weekend
·       Gold is bullish; wait for pullbacks to support areas for more buying opportunities
·       Crude Oil is bearish; wait for retracements into our sell-zones overhead resistance for more selling-opportunities
·       Mini-Russell is bearish; wait for price to test resistance levels overhead for the best selling-opportunities

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