Monday, April 20, 2015

2 Ways to Profit from Trading Ranges on Tuesday | SchoolOfTrade Day Trading Newsletter 04/20/15

“Success is a state of mind. If you want success, start thinking of yourself as a success and the rest will follow.” - JJ

Notes for Tonight’s Newsletter:

Crude Oil and Gold are both trading inside well-defined ranges as we go into Tuesday’s session, and we have a great strategy to trade using the highs and lows… are you ready for tomorrow?

Crude Oil is trending higher after contract-rollover, inside a well-defined trading-range on its way to $60/barrel.  We will use this trading-range for breakouts and 'trap' trading opportunities on Tuesday.

Gold is trading inside a range as well, with $1200 right in the middle, so our plan is to keep looking for fake-out-breakouts at the highs and the lows of the range for tomorrow.

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