April 29, 2013

Lunchtime Review; Crude Oil, Gold, Euro, Russell, and More

Every morning we open our Live Trade Room with Advanced members
at 8:00am EST and we begin our morning prep which identifies the high-percentage-trades
ahead of us for that day.  This morning
we saw many trading opportunities across the board and today we will review the
different markets and the opportunities they provided us.

Gold Symmetry Pattern
Crude Oil moved higher
this morning and we used a simple Symmetry Pattern to enter long
Going into this afternoon’s trading session we know most of
our favorite futures markets have been rising higher, making it easy for us to
look for buying
pullbacks
on the way up.  The key
to our success this afternoon will be to stay patient and get the high-percentage-trades
to trigger inside the Fibonacci trigger-zone.

Russell Symmetry Pattern
As prices rise higher
we stay patient, waiting to buy pullbacks on the way to symmetry
targets
Keep in mind tomorrow is the last day of the month, so
heading into the close of e-minis and commodities we want to remember that
volatility will pick up, so it is advised to trade smaller size going into the
close if you have already hit your trading goals for the day.
Follow every trade we take by joining the trial or registering as a member.  

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Want to see the trades we took today?  Find them here.
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    schooloftrade

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