Monday, March 2, 2015

3 Short Trades for Tuesday | SchoolOfTrade Day Trading Newsletter 03/02/15

“Stay committed to your goals, but flexible in your approach.”

Notes for Tonight’s Newsletter:

Crude Oil is bullish in the short-term and trading around the $50 round-number, and we got an easy clue today from the channel-overshoot that tells us to look for a little deeper pullback before we try to buy this again, and we are keeping a close eye on the buyers if and when they fail!

Gold is bearish, coming off the range-highs, and today's collapse tells us to be patient tomorrow for a correction and a 2nd attempt to re-test the $1200 target.

Russell is bullish, but today's volume does NOT confirm the most recent attempt to push higher, and the 'undershoot' of the highs is an easy give-away that we should expect a larger correction down to the channel-lows.

Want to see us trade LIVE?  Click here to register for the Free Trial!
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

No comments:

Post a Comment

Thank you for your comment! Your comment will be reviewed and posted asap, thank you for your patience.