May 7, 2015
- in Uncategorized by schooloftrade
9 Trades for Non-Farm Payroll Friday | Day Trading Crude Oil, Gold & Euro Futures 05/07/15
“Whether you think you can or think you can’t…you’re
right.”
right.”
– Henry Ford
Notes for Tonight’s Newsletter:
Are you ready for Friday’s Non-Farm
Payroll report? All three of our favorite
markets are bearish
this evening, but with such BIG
NEWS around the corner we need to be ready for anything…
Payroll report? All three of our favorite
markets are bearish
this evening, but with such BIG
NEWS around the corner we need to be ready for anything…
 |
| Crude Oil |
Crude
Oil is bearish this evening, trading inside a strong bear-channel, which means sellers will be looking
for more opportunities at resistance
levels on Friday, and buyers need to make their money quickly before we get
back to the highs of the channel.
Oil is bearish this evening, trading inside a strong bear-channel, which means sellers will be looking
for more opportunities at resistance
levels on Friday, and buyers need to make their money quickly before we get
back to the highs of the channel.
 |
| Gold |
Gold
is bearish, trading inside 2
channels, which
means we are focused on selling resistance levels on our way back to test the
range-lows from last week.
is bearish, trading inside 2
channels, which
means we are focused on selling resistance levels on our way back to test the
range-lows from last week.
 |
| Euro |
Euro
is bearish coming off the highs of the range, which means sellers have the advantage for the
short-term, but buyers have some easy support
zones waiting for them at the lows of the long-term bull-channel so sellers
need to get it quickly!
is bearish coming off the highs of the range, which means sellers have the advantage for the
short-term, but buyers have some easy support
zones waiting for them at the lows of the long-term bull-channel so sellers
need to get it quickly!
These markets are getting ready for
tomorrow’s Non-Farm-Payroll
report, so we need to be ready for ANYTHING!
tomorrow’s Non-Farm-Payroll
report, so we need to be ready for ANYTHING!
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