Tuesday, May 12, 2015

3 Trend-Channels for Wednesday | Day Trading Crude Oil, Gold & Euro Futures 05/12/15

We are what we repeatedly do. Excellence, therefore, is not an act but a habit. - Aristotle

Notes for Tonight’s Newsletter:

We are seeing incredible volatility this week and our favorite markets are setting-up for even more trading opportunities on Wednesday.  Gold and Crude Oil are bullish and Euro is bearish… are you ready?

Crude Oil
Crude Oil is bullish ahead of tomorrow's inventory report, and we need to be prepared for absolutely anything!  We have a clear bullish channel and some measured-moves working for Wednesday.


Gold is sideways with a slight bullish-tone to the price-action so we will be looking for buying opportunities at channel-lows for tomorrow.

Euro is bearish, coming off the highs of the channel and our plan is to look for selling opportunities on the way back to the channel-lows on Wednesday.

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