Tuesday, April 7, 2015

2 Traps for Wednesday | SchoolOfTrade Day Trading Newsletter 04/07/15

“Do not judge each day by the harvest you reap, but by the seeds you have sewn.” – Robert Louis Stevenson

Notes for Tonight’s Newsletter:

Gold made a FOOL of the buyers while trying to fill the gap from the holiday-weekend and Crude Oil collapses off the highs after a $3.00 low-volume rally today… these markets are FUN right now and we’re loving every minute… are you ready for more opportunities on Wednesday?

Crude Oil rallied higher on low-volume this afternoon which gives us plenty of reasons to look for buyers to fail at some key support levels before a possible collapse all the way back to where we started today!

Gold is bearish this evening and trying to complete the mission of filling the gap we spoke about last night.  We have a new bear-channel to work with on the yellow-metal so be ready for a few more selling opportunities on Wednesday!

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