Trading Strategy for Thursday | Crude Oil, Gold, E-mini & Euro Futures 07/08/15

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Comments

1. We continue to see incredible trades this week, and tomorrow we have trading-ranges to look for ‘traps’… are you ready?
   
   Crude Oil is bearish and trading in the middle of a range this evening after buyers failed to grab control which means we will be using the range highs and lows for the best trading opportunities on Thursday.
   
   E-mini S&P is trading sideways near the lows of a range this evening which means we will be looking for 'traps' at the lows and opportunities to buy this back up to the range-highs on Thursday.
   
   Gold is bearish inside multiple trend-channels this evening so we are looking for opportunities to sell the channel-highs and resistance levels on the way down to the range-lows.
   
   Euro is bullish and trading inside a channel which means we will be looking for buying opportunities on the pullbacks to support levels but staying away from buying the highs on Thursday.