3 reasons stay patient tuesday | schooloftrade newsletter 11/03/14

Download 3 Reasons Stay PATIENT Tuesday | SchoolOfTrade Newsletter 11/03/14

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These markets are setting-up for BIG MOVES this week! Gold and Crude Oil are ripe for selling, and we are almost ready to start buying the Mini-Russell again this week! Are you ready for the action tomorrow? Crude Oil is bearish this evening, but well over-sold on the anchor-chart, so we are staying patient to wait for a retracement off the lows into our many sell-zones we have overhead. We don’t expect to wait very long for some great trading opportunities on Crude Oil tomorrow! Gold is also bearish this evening, and just like Crude Oil we are waiting for a retracement off the lows so we can get back to selling again tomorrow. Stay patient, we have some great SELL ZONES overhead for us tomorrow! Mini-Russell is bullish this evening, and we should expect a deep pullback before this price-action tries to move higher… so stay patient! Equities are easy to buy right now, but don’t force the BUY at these highs… we are waiting for a text of our buy-zones below.

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  • 1. Jul 17Jan Apr Jun DecC,I.10 11 12 13 14May Aug19 20 21SepOct "tInv. ':. Mar 7 24 25 26 27 2818Feb 3[T5 6Monday Nov 3ALL: lnter$_gPerspective L .5FT" US: Simp| y Economics ' US: Motor Vehicle Salesm : 2'-_ | N:PM|Manufacturing Index13:. -12.72" AM ET 1::CH: SVME . ,Purchasing Managl ;Index[3 -.3:30 AM ETll FR: PM|Manufacturing Index [3 ~; .3;5o AM ET F DE: PM Manufacturing ex [3 43:55 AM ET _Fl EMU: PMI Manufactyring Index(3. 4:otNQGB: C|PS/ PMI J. Manufacturing Index B -..4430 AM ETI US: Gallup US Consumer Spending MeasureB - 8:30 AM ET' US: PM|Manufacturing Index[3 ~.;9:45 AM ET" US: ISM Mfg Index [3 7'10:OO AM ET": ' US: Construction Spending El .10:00 AM ETALL: Global Manufacturing PMI l311;oo AM ET AU: Merchandise Trade LC_l - 7:30 PM ET AU: Retal|Sales [Cl #7230 PM ET -1 [E] JP: PM|Manufacturing Index -k8:35 PM ET AU: RBA Announcement[Cl ~k10:3O PM ETTuesday Nov 4*1 GB: PMl Construction 7l< 4:30 AM ETE3 EMU: PPI - 5:00 AM ET US: |CSC-Goldman Store Sales - 7:45 AM ETT US: Ga| |up US ECI - 8:30 AM ET2; US: lnternational Trade E 8:30 AM ET| I CA: Merchandise Trade-)c 8130 AM ETL US: Redbook - 8:55 AM ET US: Factory Orders El ~. .10:0o AM ET NZ: Labour cost index[9 - 4:45 PM ET FT CN: PMIComposite at 8:45 PM ETWednesday Nov 52 lN: PMl Services Index 0 12:00 AM ETll!CH: Consumer PncelndexIQ3:15 AM ETI I FR: PMl CompositeQ -, -.- 3:50 AM ET~" DE: PM|Composite Q ~. t- 3:55 AM ET EMU: PMI Composite Q1 .4.-4:00 AM ET GB: C|PS. v"PMl Services Index 3*:4:30 AM ET EMU: Retail Sales ,5:00 AM ETL US: MBA PurchaseApplications 0 7:00 AM ETC,US: ADP Employment Report LC. .l 8:15 AM ET2, US: Ga| lup US.Job Creation Index o 8:30 AM ETE US: PMI ServicesIndex LCJ 9:45 AM ETLL US: ISM Non-Mfg IndexLC_, l 10:00 AM ET5 , US: EIA Petroleum Status Report10:30 AM ETJP: BoJ MPB Minutes7:6:50 PM ET AU: Labour Force SurveyE_1:t7:3O PM ETE JP: PM|Composite 3':8:35 PM ETThursday Nov 6 Friday Nov 7III CH: Unemp| oyment~ 1:45 AM ET{:2US: Chain Store SalesI3 CH: SECO Consumer Climate .1:45 AM ETF DE: lndustrial Production 2:00 AM ETF DE: Manufacturers' Orders 2 2:00 AM ET"" DE: Merchandise Trade2:00 AM ET = GB: |ndustrial Production4:30 AM ETI I FR: |ndustrial Production2:45 AM ETGB: BOE Announcement it 7:00 AM ETI I FR: Merchandise Trade2:45 AM ETT US: Chal| enger JobCut Report - 7:30 AM ETIE CH: Adjusted real retail sales3:15 AM ET EMU: ECB Announcement A 7:45 AM ET$ GB: Merchandise Trade4:30 AM ETT US: Gal| up US Payroll to Population - 8:30 AM ETL US: Employment Situation [_c__l 7:. 8:30 AM ETT US: Jobless Claims 2*. -8:30 AM ET II CA: Labour ForceSurveyE US: Productivity 3;8:30 AM ETand Costs B3 A..8:3O AM ET Speaks- 10:15 A TL,US: B|oomberg M E Consumer Comfort C i Usiconsumer IndexCredit ' 9'45 AM ET LCI 3:00 PM ETI US: Janet YellenI*I CA: |vey Purchasing Managers Index.10:00 AM ET?US: E|A Natural Gas Report v 10:30 AM ETALL: Global Composite PMI 11:00 AM ETALL: Global Services PMI 11:00 AM ET US: Fed BalanceSheet ~ 4:30 PM ET US: Money Supply 4:30 PM ETSaturday Nov 8 Sunday Nov 9"T CN: Consumer Price Index-; t- 8:30 PM ETT CN: Producer Price Index,8:30 PM ET

2. GO 12-14 (Weekly) Week 17/2010 - Week 45/2014Gold - Weekly Schoo| OfTrade. com |SidewaysMarkets. com '9-2"~. i=*~dv M.I .. .I I .. .I I .. .I Jul Oct 11 Apr Jul Oct 12 Apr Jul Oct 13 Apr Jul Oct 14 Apr Jul Oct 15 Apr Jul Oct 3. GC 12-14 (64 JJ_Bars) 11/3/2014.0 -.4 - nchor Chart 34 JJ_B; rs 4420-013963 4400.0 1380.0 1360.01340.0' 132o. o 1300.0 12so. o :5 12eo_o1240.01218.83E la! L 1165.3 TARGET ' - 1140.09 20 El LLCSchoo| Ofl'rade. com |SidewaysMarkets. com 112o. o 4. ec 12.14 (32 JJ_Bars) 11/3/2014 Gold |32-Anchor Chart4270.0 4260.04250.01244.8 - 1235.2 4240-0 4230.0 1227.0 1219.5 moK 1219.3 1203.1 -1210.04200.04190.01170.3 1165.34160.04150.0SchooIOtTrade. com |SidewaysMarkets. com "'4""'/ lll: '3o 10'/110'/2 10'/310/ED'/610'/710'l8 10'/9o1'wnul'1tlo/ '1a/ '15 1'0/'11ao11li}uIr': w21a: l29lo/ '3o1o/ '31 '11'/21'/31'/41'/51'/61'/11'/ Tl1'/9ll1o}11l12}1zl14l15/1ol1al1sl1slzoiz1iz1lz3l24 5. ec 12.14 (16 JJ_Bars) 11/3/2014l WWII:1 16- nchor ChPlllwlllllllllllllllllllll,in ,1 IJllll lh "'lll""ll l lllllllllllilllllh MlSchoo| OfTrade. com |SidewaysMarkets. comll| ||| ll"'X 1175.3 - 1173.6I ll WW%SELL HIGHSSELL HIGHSI1 I. .ll/ "Illllllll V l 1182.7-1186.0 4184.0 4182.04180.0'4 1178.0TARGETTARGET1157.31152.81499:! -1176.0 -1174.0 4172.011700I&-1164.01162.0 4160.0 4158.0 4156.0 -1154.0 -1152.0-1150.0trzl7'l1Nl/ l lmm l. l.t. 41:1103:01:4403:02:1803:06:5903:33:5706:40:4008:21:4909:00:0210:19:5811/211/3 08:07:4611'/3 07;3'9:12 '11'/4 07:16:56 '1 1'/5 6. CL 12-14 (Weekly) Week 14/2009 Week 45/2014Crude Oil - Weekly110.10108.82103.85 102.02ASchoo| OtTrade. com |SidewaysMarkets. come 2014 Ni/ l,aTmlel,LLCntici ated bottom 70.00425.00420.00415.00410.00405.00-100.0095.009165JO10AJO11AJC')1'2A. 'J01'3A. 'l 7. CL 12.14 (64 JJ_Bars) 11/3/2014 Crude Oil |64-Anchor Chart'1 l1January 2014 Lows@2014 NIH Tmlel.LLcSchoo| O1Trade. com |SidewaysMarkets. comCrude Oil nally pushed below the lows of the consolidation-range.We don't sell this,we wait for the next retracement!Y --=.11/311/411/511/6 404.00-102.00-100.00-98.00-96.0094.0092.0090.0088.00 8. CL 12-14 (32 JJ_Bars) 11/3/2014Crude Oil |32-Anchor Chart -8550Crude Oil pushed to new lows. .. '5 we don't want to sell here,"1-5stay patient for the next 84:( sell set-up overheadll 583-5 83.00-82.50 -82.00 -81.50 -81 0080.3680.20 nuKe Resistance ' . ,_ 19_44, Z_T? E 79.06 % A ' GET 77.05 '78"'-77.50TARG ET 76.76 77-0076.50TARGET 75,59"rv75.50 _. ..| -.. h.. ..r'. .l_| Jla. .aJn. I.I. _.. n.J 'l. l.| ... .l| . (E10:24 '10/0220 10/21 '10/22 10/23 10/24101887 10/28 10/29 10/'301o/ '31 111/2/3 14:20:03 '11'/3 05:2'9:3312:0'5:33 ' 1114 05:41:33 9. CL 12-14 (16 JJ_Bars) 11/3/2014Crude Oil | 83.0082.5082.00Schoo| OlTrade. com |SidewaysMarkets. com _, ,_oo0 2014 NlVI}2Trid,LLCD3:3010:29:18 '10/'29 09:4'0:4311:5'0:12 ' 10/30 09:2'5:2712:1'7:53 10/'31 08:4'6:3710:3'5:57 ' 11'/21'/3 09:1'5;3s11:3'e:4013;48:1514:28:28 ' 11'/4 06:0'3:3311:4'3:18 10. TF 12-14 (64 JJ_Bars) 11/3/201464 JJ_Bars 4-Anchor ChartRussell pushed all the way to the highs of the range.We have to be carefull buying long-term at this area.0 2014 NIH Trader.LLCSchoo| OfI'rade. com |SidewaysMarkets. comAll-Time Hig s1206.1183.31131.61099.11070.5 71 O3I. I 1040.04020.0-1000.0980.0 11. TF 12-14 (32 JJ_Bars) 11/3/2014- . . . . . _. TARGET . .., ;>_l'4185.0 4180.0 4175.01165.3 4160.0 1153. 4150.0Key Support-1140.0-1135.0-1130.0-1125.0 Ke Su ort y1120") 1120.0llllll l"""ll. Mll1=l""lw" /121::M" l/1099.1 : il0:. i:V Ill'' ' I .1o91.s"95' SC o| OlTr WZ-H-v v .- _ - -1090.010/22 10/23 ' 10/24 100257 '10/28 10/'29 ' 10/'30 10:00:01 '10/31 ' 11/3 11/3 11:1'8:O8 11'/4 11:1'5:11 11'/5 11:12:14 11'/6 12. TF12-14(16 JJ_Bars) 11/3/2014- F TARGET U 4180.0 -1175.0 ll,W l 1172.5 TARGET ll ,' ,1168.8 ,I l 1 I 1 :I ll 1 ' H l 63_5%'1' ' 2 1158.3_''''''''mo1153.9 - 1143.6 415001147.3 1144-5-1145.0 -1140.0 1141.1 - 1136.7 1135.9 -113.50 -10000 '. ... .n. _IIr. .I. ".lJ. f". .l I. ____. __. _r'J an 0'9:0514:o'2:5114:32:17 ' 10/30 08:31:2109:55:0010:49:2513:23:48 ' 10/31 02:18:4109:00:1409:43:2710:49:34 11'/3 14:3'2:0517:4'5:55 '11'/3 02:3'6:1006:2'3:2510:1'0:4O

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