Monday, May 11, 2015

6 Ways to SELL Tuesday | Day Trading Crude Oil, Gold & Euro Futures 05/11/15

“Do not wait to strike till the iron is hot; make it hot by striking.”

Notes for Tonight’s Newsletter:

We’re back to business this week and all three markets are bearish and inside easy trading-ranges which gives us a TON of great clues and trading opportunities on Tuesday… are you ready?

Crude Oil
Crude Oil is bearish and trading inside a range this evening, which means we are looking for selling opportunities up at the highs and will stay away from the traps down at the lows.

Gold is bearish, but trading inside a range, which means we need to be careful not to fall for the traps at the lows, and stay patient to sell those highs!

Euro is bearish this evening; our plan is to sell resistance levels overhead and use support levels below for targets.  We have a bear-channel, trading-range, and measured-move to keep in mind going into Tuesday.

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