Tuesday, April 28, 2015

4 Ways to Profit from the FOMC Report | SchoolOfTrade Day Trading Newsletter 04/28/15

“Take the first step in faith. You don’t have to see the whole staircase, just take the first step.”

Notes for Tonight’s Newsletter:

Our markets are setting-up nicely ahead of tomorrow’s BIG FOMC News and Crude Oil Inventories.  Crude Oil is bearish and we have our targets at the range-lows.  Gold is bullish but trading up at the highs so we’re watching for failure… are you ready for this?

Crude Oil is right in the middle of its range ahead of tomorrow's FOMC and Inventory Report, but we look closer and we see a very clear set of clues for this bearish market on Wednesday... crude oil traders need to stick around for this!

Gold... there must be an FOMC report around the corner because the yellow-metal has been jumpy, and pushed higher again today, now all the way to the extreme highs of the range.  The price-wedge and the big-round-number are all the clues we need for tomorrow on Gold and sellers will want to pay close attention ahead of tomorrow's FOMC report.

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