In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we stick with the profitable Gold and Oil trades.
These were the only two significant moves during the European and US trading hours. Yes, we saw big moves in the NZDUSD and AUSUSD during the Asian session due to RBNZ reducing rates by 50 basis points but with very little follow-through for the rest of the day.
As a result, we are sticking our profitable Gold trade above yesterday’s high of 1510. Whereas, with the USOIL trade which is a bit trickier, we saw the move we were expecting down to 50.50 but then we have seen more than a 60% retracement off the lows. This is concerning so we will only get into this market below yesterday’s low of 50.50 if this market is to be moving lower from this level.
Stick with the Profitable Gold and Oil Trades – Full Video Analysis
Take your trading to the next level with our 14 Day, No Obligation, Free Trial. You will soon discover why we are trading’s best-kept secret. We are successfully building the world’s largest group of profitable traders and would like you to be part of it.
You can join for as little as $19.99 per month, no contract, cancel anytime. Just one profitable trade with us per month covers this amount, the rest is pure profit. You will benefit from unparalleled access to our professional traders, our transparent trading performance, our LiveTradeRooms and access to the most comprehensive trading education on the market. What have you got to lose? JUST CLICK HERE TO GET STARTED NOW and see how real money is made!
