Thursday, May 14, 2015

5 Trades for Friday | Day Trading Crude Oil, Gold & Euro Futures 05/14/15



"The key to success is to focus our conscious mind on things we desire not things we fear”

Notes for Tonight’s Newsletter:

We have some exciting trading opportunities on Friday;  Crude Oil is trading at KEY support, Gold just gave us an UNDERSHOOT of the highs, and Euro is pushing higher after an easy buy off the channel-lows… are you ready for Friday?


Crude Oil 
Crude Oil has been a lot of fun trading this week, and we have price sitting at the MAJOR channel-lows… and this means there is going to be a battle for control just below $60 on Friday, and if the bulls win this price will shoot higher!



Euro
Euro is pushing higher this evening, coming off the lows of the bull-channel, which means we are looking for buying opportunities on Friday… but wait a second… the sellers will be trying to re-test the double-bottom at 1350 first.



Gold 
Gold is bullish, but a recent undershoot of the channel-highs tells us we may see some new buying opportunities down around 1215 tomorrow morning and the BEARS are going to have some easy trades as we head lower!





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