“If you want to be successful, find someone who has achieved the results you want and copy what they do and you'll achieve the same results.” Today’s Newsletter: • Last Night: Buying Gold, Selling Mini-Russell, waiting on Crude Oil • Markets Today: Gold sideways, Crude Oil pulls back, Mini-Russell collapses • News for Tomorrow: OPEX-Friday • Trading Opportunities: Selling Mini-Russell, Buying Crude Oil, Gold consolidation

10. SchoolOfTrade.com Day Trading Newsletter 05-15-14
Click here to register for the Free Trial!
=========================================================
“If you want to be successful, find someone who has achieved
the results you want and copy what they do and you'll achieve
the same results.”
Today’s Newsletter:
 Last Night: Buying Gold, Selling Mini-Russell, waiting on Crude Oil
 Markets Today: Gold sideways, Crude Oil pulls back, Mini-Russell
collapses
 News for Tomorrow: OPEX-Friday
 Trading Opportunities: Selling Mini-Russell, Buying Crude Oil, Gold
consolidation
=========================================================
The Markets Today:
Crude Oil:
Crude Oil pushed lower in today’s trading session after buyers took profit
overnight and reacted to bearish news out of Europe.
We had another narrow trading-range today, moving only 86-ticks as traders
speculate on the situation happening in Ukraine.

11. Going into Friday, we are paying close attention to the prior-week
highs at 101.14 and the big-round-number down at $100/barrel as
targets below us.
Make sure you register for our Nightly-Newsletter on our website so you don’t
miss these winning trading opportunities next time!
=========================================================
Gold:
Gold is still trading inside the range from last week, and we have been waiting for
selling opportunities at the highs and buying opportunities at the lows but right
now we are in the MIDDLE of this range.
For tomorrow, we are watching the prior-week’s lows down at 1284.8
as a target.
Trade Called Last Night:
Last night we called the trade LONG at the lows of the price wedge
using the 1293.4 zone as our trigger. This trade earned over $1,000
per contract!
Don’t forget to register for our Nightly-Newsletter so you never miss another
trade call again!
=========================================================
Mini-Russell:
Just as we expected, the Mini-Russell pushed lower in today’s session, moving all
the way down to the lows of the range at 1078.7.

12. Look closely and you can see the Mini-Russell pushed below the prior-week-lows
at 1087.1 and then reversed and closed above that level to finish the day at the
highs of today’s range.
Going into Friday, we are paying close attention to the prior-week-
close at 1104.6 if the buyers take control, as well as the lows of this
range at 1078.7 because we know there will be a lot of buyers at
these lows, and if those buyers fail we are going to see a BIG selloff as
prices push lower.
Trade Called Last Night:
Last night we NAILED the short trade called on our newsletter. With new lower-
lows we were selling short, with a profit-target down at the 1078.5.
If you recall, earlier this week we started selling up at the 1126.1 level and we
have taken this price ALL THE WAY TO THE BOTTOM, which earned us over $5,000
per contract this week alone!
Did you register for the Nightly-Newsletter on our website? Make sure you
register so you never miss another newsletter or winning trade again!
=========================================================
News Tomorrow:
Tomorrow we will finish up a very profitable week with Options Expiration Friday
(OPEX), which is the last day of trading before options officially expire on Saturday
morning.
Tomorrow morning we have some Red-Star News early in the session, which will
hopefully give this OPEX-Friday some exciting price-action before the morning
comes to an end around 11:00am EST.

13. The most important thing to remember when trading on OPEX-Friday is that
volume and market-personality will change dramatically after 11:00am EST, and
the only people trading after 11:00am EST tomorrow will be from necessity or
ignorance.
Click here to download the Options Expiration Calendar for 2014
We will be watching the clock very closely tomorrow morning after 10:30am EST
looking for clues in the market-personality that tells us the weekend has begun
and to shut down the charts for the weekend.
 ALL DAY: OPEX-Friday
 8:30am: Housing Starts
 9:55am: Consumer Sentiment
Contract Rollover: Crude Oil
Heads up on Crude Oil Futures, which will be rolling forward to the 07-14 contract
at the end of this week.
=========================================================
Day Trading Opportunities for Tomorrow:
Crude Oil:
Crude Oil is bullish this evening on the anchor chart. We are above the key
moving-averages and pulling back into our support zones, which means we are
looking for buying opportunities this evening and into Friday morning.
Our day trading plan on Crude Oil is to look for buying opportunities
at 101.18, 100.83, 100.34, 100.05, and 99.58. Our profit-targets on

14. these will be back at the highs of the price wedge around 102.65 and
102.92.
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 near the lows of this price wedge on our anchor chart this evening,
which means we are looking for buying opportunities at these lows.
Our day trading plan for Friday is to trade inside this price wedge,
buying the lows and selling the highs while avoiding trades in the
middle of the range.
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 tumbled lower today, all the way to the lows of the range, which
means we are still interested in more selling opportunities, however we need to
be careful not to sell short directly into these lows.

15. Remember, we have watched the buyers protect these lows with BIG BLOCK
ORDERS today, and the same happened last Friday as well. This tells us to be
careful trying to force trades short down at the lows.
Our day trading plan for the Mini-Russell is to look for selling
opportunities at the 1098.5, 1101.0, 1106.9, 1113.6, and 1123.0 areas
on this anchor chart. Our profit-target for the selling will be the lows
at 1078.7 and 1073.5.
In addition, if we see price-action make a clean break below the
1078.7 we will be watching for a massive selloff, and if that occurs we
will get in SHORT right along with the sellers down to the 1073.5
target.
Short-Term Trading & Scalping: Please join us tomorrow in our Live Trade Room
for short-term trades called with exact entry and exit information.
=========================================================
Want to trade with us in the Live Trade Room?
Join the Professional Trading Community at SchoolOfTrade.com!
Click here to register for the Free Trial!