Tuesday, March 24, 2015

3 Ways to Profit from Trading Ranges | SchoolOfTrade Day Trading Newsletter 03/24/15

“A lot of people know what to do, but very few people actually do what they know. Knowing is not enough! You must take action to see results!”

Notes for Tonight’s Newsletter:

We had another successful day on Tuesday with these bullish markets… and Wednesday is looking just as bullish.  We have clear trading-ranges to use for the best opportunities tomorrow… are you ready?

Crude Oil is bullish, but trading sideways; our plan is to follow the trend, buying pullbacks to support levels below us, and use the short-term trading-range for the best trading opportunities.

Gold is bullish on the way back to the round-number at $1200/oz.  We are waiting for deep-pullbacks for the best buying-opportunities and will use the $1200 and measured-move as the target tomorrow.

Russell is bullish, but trading sideways.  Our plan is to use the trading-range to find the best places to buy at support levels if price goes higher or lower.

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