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825am EST

-à The dollar index is trading up and down and sideways this morning
-à This is causing the rest of the markets to follow as well
-à Narrow trading ranges on the dollar = the same for other markets

830am est

-à Jobless and continuing claims come out lower than expected

-à Productivity and costs come out higher than expected
-à Lets see how the DOLLAR reacts to the BULLISH news

835am est

-à We avoided the loss on gold by following our rules and not trading short with oversold momentum
-à This avoiding the loss is as good as a winner for us as the first trade of the day

855AM est

-à We hear that the ECB will be raising its rates next meeting they have
-à The markets now slow WAY down
-à The personality changes on the gold and crude oil, and now it feels like a slow sluggish day after some
great price action for the past 30 minutes.
-à We took three trades today so far
-à 1 scratch
-à 1 winner
-à 1 loss
-à Everyone is about breakeven at this point

945am est

-à We took 2 fast track winners in a row

-à We͛re up 20 ticks on the Fast Track, only 1 more winner for our daily goal
-à We see crude oil rising, but with overbought momentum we wait for selling opportunities at
resistance

950am est

-à We got EXACTLY what we wanted!

-à Sold the highs on crude oil, using the BIG picture to tell me WHERE
-à Using the 4range chart to tell me WHEN
-à Taking profit at the correct location, with support below us.
-à We hit our daily goal on the fast track method @ 945am est today!

1015am

-à We͛ve had a great day on our trades so far

-à Lets stay patient ahead of 1030am news
 -à And remember that once we hit our goal, now we have to move to a demo and wait for the PERFECT
patterns.
-à We don͛t want to give back Money to the market, and we don͛t want to lose CONFIDENCE we͛ve built
today
-à Looking at the gold chart we want to buy @ 1417.8 support, which is the lows of the channel
-à I can sell 1431.4 resistance on gold, but its in the middle of the channel, so beware.
-à We draw a new trend line from the highs as the gold price has dropped and we see additional
overhead resistance around 1430.0

1100am est

-à The dollar index average true range is all the way down to the levels we began our day with today
-à We need to be careful trading into the lunch session, with lower volume, less BIG MONEY, and
narrow ranges.
-à 1130am EST we will see the Euro close, which will bring more volume, so stay patient and lets see
where we go from here.
-à Find the highs and the lows, and wait for price to come to YOU.

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