“Stay committed to your decisions, but stay flexible in your approach.” Today’s Newsletter: • Markets Today: Gold trades sideways, Crude Oil & Mini-Russell push higher • News for Tomorrow: No Major News in the US • Trading Opportunities: Price wedge on Gold, Buying Crude Oil and Mini-Russell We are now trading 07-14 contract on Crude Oil Futures Crude Oil pushed higher over the weekend, we assume on the concerns coming out of Ukraine, and made it all the way up the highs from last week in the pre-market and then the price-action traded in a very narrow, sideways-trading-range for the rest of the US session. It is VERY clear that Crude Oil is trending higher, with BIG GAPS in price from one day to the next, which tells us that the moves are happening in the London trading session, and then in the US session we are getting a range-bound market. IN the US we are used to get the big moves from 8am – 1030am EST, but that hasn’t been happening, so a professional trader will start to find ways to trade this range-bound market each day instead. Our plan for Crude Oil is to keep using these range-bound markets in the US session to look for buying opportunities at the lows and selling opportunities at the highs because the bigger moves have already happened overnight. Most Important thing I see on this chart: The most important thing I see on this chart is two-fold. First, the long-term-trend is showing us a bullish price channel on this VIP chart. In addition to that, we have a new projection up around $104/barrel which may be a big clue of what is coming in the summer driving season. Second, the lows of this price channel are conveniently located below us at the prior-week closing price of 102.01 (also a big-round-number). This is WAY too convenient, so we can expect to see price-action push lower tomorrow down to the lows of the price channel before pushing to new higher-highs later in the week. Important Levels to Watch for Crude Oil tomorrow: • HOD/LOD: 103.09 /102.49 • PHOD/PLOD: 102.23 / 101.61 • PW-HIGH: 102.65 • PW-LOW: 100.36 • PW-OPEN: 100.44 • PW-CLOSE: 102.01 Make sure you register for our Nightly-Newsletter on our website so you don’t miss these winning trading opportunities next time!

8. SchoolOfTrade Day Trading Newsletter 05-19-14
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“Stay committed to your decisions, but stay flexible in your
approach.”
Today’s Newsletter:
 Markets Today: Gold trades sideways, Crude Oil & Mini-Russell push
higher
 News for Tomorrow: No Major News in the US, but fireworks on the
way!
 Trading Opportunities: Price wedge on Gold, Buying Crude Oil and
Mini-Russell
=========================================================
The Markets Today:
Crude Oil:
Reminder:
We had contract rollover on Crude Oil Futures, now trading 07-14 contract.
Crude Oil pushed higher over the weekend, we assume on the concerns coming
out of Ukraine, and made it all the way up the highs from last week in the pre-

9. market and then the price-action traded in a very narrow, sideways-trading-range
for the rest of the US session.
It is VERY clear that Crude Oil is trending higher, with BIG GAPS in price from one
day to the next, which tells us that the moves are happening in the London
trading session, and then in the US session we are getting a range-bound market.
IN the US we are used to get the big moves from 8am – 1030am EST, but that
hasn’t been happening, so a professional trader will start to find ways to trade
this range-bound market each day instead.
Our plan for Crude Oil is to keep using these range-bound markets in the US
session to look for buying opportunities at the lows and selling opportunities at
the highs because the bigger moves have already happened overnight.
Most Important thing I see on this chart:
The most important thing I see on this chart is two-fold.
First, the long-term-trend is showing us a bullish price channel on this VIP chart.
In addition to that, we have a new projection up around $104/barrel which may
be a big clue of what is coming in the summer driving season.
Second, the lows of this price channel are conveniently located below us at the
prior-week closing price of 102.01 (also a big-round-number). This is WAY too
convenient, so we can expect to see price-action push lower tomorrow down to
the lows of the price channel before pushing to new higher-highs later in the
week.
Important Levels to Watch for Crude Oil tomorrow:
 HOD/LOD: 103.09 /102.49
 PHOD/PLOD: 102.23 / 101.61
 PW-HIGH: 102.65
 PW-LOW: 100.36
 PW-OPEN: 100.44
 PW-CLOSE: 102.01

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Gold:
Gold continued to trade sideways this morning, now inside a trading-range that
covers almost 2 full weeks of price-action, which is UNHEARD OF on a market like
Gold futures.
We can see the range highs at 1309.2 will act as resistance and the lows down at
1287.7 and 1284.7 will act as major support until this range is broken.
Our plan for tomorrow on Gold will be keep a close eye on the highs and lows of
this range, and look for price-reversal opportunities, buying at the lows, selling at
the highs, and avoiding the middle of the range.
Most Important thing I see on this chart:
We are in the middle of this very strong price range, which means I will be looking
for buying opportunities at the lows, and selling opportunities at the highs.
Important Levels to Watch for Crude Oil tomorrow:
 HOD/LOD: 1305.7 / 1293.2
 PHOD/PLOD: 1309.2 / 1287.7
 PW-HIGH: 1309.2
 PW-LOW: 1287.7 & 1284.7
 PW-OPEN: 1296.1
 PW-CLOSE: 1293.3
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11. Mini-Russell:
Mini-Russell pushed higher today, and went straight the prior-week’s opening
price at 1111.3, which tells us that this market-personality is completely balanced
this evening as we go into Tuesday.
Today’s price-action was a bit sloppier than normal because of ‘re-balancing’
Monday, which is the day following OPEX-Friday when asset-managers are re-
entering into positions from last week.
We had a nice wide range today, over 200-ticks from low to high, which tells us to
look for a much narrower range day tomorrow.
Most Important thing I see on this chart:
The most important thing I can see on this chart is that we are in the middle of
the range from 1135.1 down to 1078.7, which tells me to look for attempts to
breakout, followed by price-reversal opportunities at the highs and lows later this
week.
Important Levels to Watch for Mini-Russell tomorrow:
 HOD/LOD: 1115.3 / 1094.0
 PHOD/PLOD: 1100.7 / 1084.7
 PW-HIGH: 1135.1
 PW-LOW: 1078.7
 PW-OPEN: 1111.4
 PW-CLOSE: 1099.2
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News Tomorrow:

12. Today was the first day after Options-Expiration last Friday, which we call ‘re-
balancing Monday’.
Today was a Monday without any major news in the US session; and tomorrow is
going to be much of the same.
We do not have any major news on Tuesday’s calendar in the US
Session.
Contract Rollover:
Please remember to roll-forward on Crude Oil Futures to the 07-14 contract.
Need help with Contract Rollover? Click here to learn more.
Memorial Day Weekend Ahead:
Please be aware we have a short week ahead of us, with the very popular
Memorial Day Weekend ahead of us in the US, which is the un-official start of
summer.
=========================================================
Day Trading Opportunities for Tomorrow:
Crude Oil:
Crude Oil is bullish this evening on our anchor chart, making new higher-highs and
higher-lows on the way to the highs of the trading-range around the $104 big-
round-number.
One thing is for sure, the events in Ukraine, combined with the summer driving
season kicking into high-gear this weekend; we may see a very bullish market-
personality for the rest of this week into the holiday weekend ahead.

13. As you can see, we have defined many buy-zones below us, as well as many
resistance targets overhead so that we can be ready for this potential bullish
market-personality for tomorrow.
Our day trading plan for Crude Oil is to avoid buying new
highs, and wait patiently for price-action to pullback into one
of our buy-zones below us for the most effective way to trade
this bullish market-personality.
We are looking to buy at 102.18, 101.97, 101.66, 101.48 and 101.40as this price-
action pulls-back off these highs. Our profit-targets overhead will be at 102.92,
103.45, 103.85, 104.06 and 104.22.
The most important thing about this day trading strategy for Crude Oil is not to
try to predict the buying opportunities, but staying patient for price to react off
one of these buy-zones and then move to our entry chart to look for the entry
pattern.
Short-Term Trading & Scalping: Please join us tomorrow in our Live Trade Room
for short-term trades called with exact entry and exit information.
=========================================================
Gold:
Gold is trading inside a massive price wedge that goes back to the beginning of
April, which means we have been trading sideways for a LONG time in terms of
Gold Futures market-personality.

14. With this market-personality trading sideways, we are going to continue to profit
from this range-bound market with buying opportunities at the lows, and selling
opportunities at the highs.
It will be difficult to predict which of the moves will successfully breakout of this
range, so we wont even try to predict, we will wait for the sellers to fail so we can
buy the lows around the 1284.5 support or wait for the buyers to fail so we can
sell the highs around 1309.2.
Our day trading plan for Gold is to buy the lows and sell the
highs of this range, while staying away from the middle of the
range.
Specifically, we are looking to buy around 1287.6, 1284.8, 1281.4, and 1278.5.
We are looking to sell the highs around 1304.6, 1306.7. 1309.2, and 1312.3.
Short-Term Trading & Scalping: Please join us tomorrow in our Live Trade Room
for short-term trades called with exact entry and exit information.
=========================================================
Mini-Russell :
Mini-Russell is looking mighty-bullish this evening as it pushes higher off the lows
from last week down at 1078.7.
The Mini-Russell is moving to the highs of this price wedge, which means it will be
much easier for us to sell these highs, than try to push it higher. Our plan will be

15. to stay very selective at the buying opportunities on the way up, but then we will
be much more aggressive selling the highs once we get there later this week.
Our day trading plan for the Mini-Russell is to buy pullbacks
with new higher-highs as we push to the highs of this range.
We need to take our profit at the overhead target around
1117.0 and then again at 1123.0.
The IDEAL buying opportunities will come if/when the price-action pulls back off
these highs into the buy-zone from 1104.5 down to 1101.9. We would LOVE to
see price-action come back into this range so we could look for an opportunity to
‘buy at a discount’.
Later in the week we will be looking for selling opportunities
at the resistance levels overhead, starting with 1123.0, 1128.7,
1130.0 trend-line, and 1135.0 range highs.
Short-Term Trading & Scalping: Please join us tomorrow in our Live Trade Room
for short-term trades called with exact entry and exit information.
=========================================================
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