March 25, 2015
- in Uncategorized by schooloftrade
3 Trades for Thursday | SchoolOfTrade Day Trading Newsletter 03/25/15
“When popular opinion is nearly unanimous,
contrary thinking tends to be most profitable. The reason is that once
the crowd takes a position, it creates a short-term, self-fulfilling prophecy.
But when a change occurs, everyone seems to change their mind at once.”
contrary thinking tends to be most profitable. The reason is that once
the crowd takes a position, it creates a short-term, self-fulfilling prophecy.
But when a change occurs, everyone seems to change their mind at once.”
Notes for Tonight’s Newsletter:
These markets are
really moving for us this week! Crude
Oil and Gold continue to push higher towards big-round-numbers,
and the Mini-Russell collapsed off the highs today. We have new trading opportunities on Thursday…
are you ready?
really moving for us this week! Crude
Oil and Gold continue to push higher towards big-round-numbers,
and the Mini-Russell collapsed off the highs today. We have new trading opportunities on Thursday…
are you ready?
Crude
Oil is bullish,
and volume confirmed the new highs today so we stick to the buy-side, but stay
patient because we expect a deeper
correction to buy because we see and undershoot of the channel-highs on our
way up to the $50
target.
Oil is bullish,
and volume confirmed the new highs today so we stick to the buy-side, but stay
patient because we expect a deeper
correction to buy because we see and undershoot of the channel-highs on our
way up to the $50
target.
Gold
is bullish, and with
volume confirming today’s new highs we will continue to buy the pullbacks to
support levels below us on our way up to $1200
and the many targets we have waiting above!
is bullish, and with
volume confirming today’s new highs we will continue to buy the pullbacks to
support levels below us on our way up to $1200
and the many targets we have waiting above!
Russell
is bearish after a massive collapse today; we used the range-expansion
to find support at the lows and we expect prices to move back higher to re-test
the range-lows from last week before trying to push lower again.
is bearish after a massive collapse today; we used the range-expansion
to find support at the lows and we expect prices to move back higher to re-test
the range-lows from last week before trying to push lower again.
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