6 ways to trade a sideways market | schooloftrade newsletter 09/03/14
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“If you don’t pay appropriate attention to what has your attention, it will take more of your attention than it deserves.” - David Allen Notes for Tonight’s Newsletter: Misc: • Another exciting session filled with trading opportunities! • Markets settled into sideways-trading-ranges today, likely ahead of tomorrow’s highly-anticipated ECB report @ 7:45am EST. • Russia/Ukraine introduces a ‘7-Point Peace Plan’ • Factory Orders show additional strength to the US manufacturing sector • Beige Book Report says job growth and economic conditions are moderately expanding in the US… nothing new. • Read today’s Fed Beige Book Report • Gold edges higher to $1,270 • Crude Oil got a boost back up to $95 as sellers wait for the next trading opportunity. • Mini-Russell collapses back to the lows of the range • Summer is over & Fall has officially begun, which is always the BEST season of the year for professional traders. • ECB’s Meeting is this Thursday @ 7:45am ESTTRANSCRIPT
