6 ways to profit for thursday | schooloftrade newsletter 07/23/14

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Markets are moving well this week; violence continuing in the Middle East didn't stop-loss the E-mini’s from pushing to all-time highs, Crude Oil pushed back to $103 and Gold is grinding lower still. MISC: - Markets appear to have 'moved past' the violence which continues in Gaza and Ukraine - Equities pushed higher, S&P and Nasdaq re-testing new all-time highs, while Russell still stuck - Crude was the BIG mover today, testing $103. - Lots of News on the Schedule for Tomorrow ------------------------------ GOLD: - Trading Sideways / Price Wedge - Slightly Bearish Tone - Buying Lows, Selling Highs, Avoiding the Middle - Patiently waiting for a new direction to follow ------------------------------ RUSSELL: - Pushed higher today, but still not free from sellers - Daily Chart: stuck between major support & resistance - Anchor Chart: @ Channel Highs, ready to sell the highs - Anchor Chart: Higher-Highs, ready to buy - Very challenging area for Buyers & Sellers - Patiently waiting to see WHO takes control ------------------------------ CRUDE: - Called the Buy @ $102 for $1,000 profit - Targets above at 103.45, 103.70, 104.24 - Wait for another pullback for re-entry long - Look for sideways range if buyers fail @ 103.45 - Listening closely for more news from Gaza/Ukraine

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Page 1: 6 Ways to Profit for Thursday | SchoolOfTrade Newsletter 07/23/14
Page 2: 6 Ways to Profit for Thursday | SchoolOfTrade Newsletter 07/23/14
Page 3: 6 Ways to Profit for Thursday | SchoolOfTrade Newsletter 07/23/14
Page 4: 6 Ways to Profit for Thursday | SchoolOfTrade Newsletter 07/23/14
Page 5: 6 Ways to Profit for Thursday | SchoolOfTrade Newsletter 07/23/14
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Page 7: 6 Ways to Profit for Thursday | SchoolOfTrade Newsletter 07/23/14
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Page 11: 6 Ways to Profit for Thursday | SchoolOfTrade Newsletter 07/23/14