Tuesday, April 21, 2015

Day trading strategy for Wednesday | SchoolOfTrade Day Trading Newsletter 04/21/15

“There are only two rules for being successful. One, figure out exactly what you want to do, and two, go do it.” 

Notes for Tonight’s Newsletter:

Gold and Crude Oil are giving us easy trading opportunities around the highs and lows of these trading-ranges.  Gold tells us to stay patient while Crude Oil is right where we want it… are you ready for tomorrow?

Crude Oil is trading at the lows of the range this evening ahead of tomorrow's inventory report, and the long-term bullish trend tells us there will likely be some great buying opportunities at the support levels down at these lows for tomorrow.

Gold is trading back in the middle of the range this evening which means our plan for tomorrow is to stay patient for buying opportunities at the lows and selling opportunities at the highs while using $1200 as our target.

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