which way for thursday? | schooloftrade newsletter 10/01/14
DESCRIPTION
Crude Oil and Mini-Russell gave us incredible selling opportunities today! Mini-Russell collapsed at the open, and Crude Oil Inventories gave us EXACTLY what we asked for! Crude Oil gave us EXACTLY what we wanted today… collapsing after the Inventory report pushed prices into our sell-zone for an easy selling opportunity! But WAIT… we didn’t make any new LOWS so we aren’t out of the woods YET! Gold moved to the highs of the range today and never triggered the SHORT entry … this leads us to look for this SHORT on Thursday off the highs. We need to act fast because we don’t want to miss this opportunity! Mini-Russell was EASY PROFIT today… making new lower-lows and giving us Wave Patterns the entire way down. We finished the session today at the lows, so we are staying patient to wait for the proper retracement so we can get back into our next trades SHORT.TRANSCRIPT
