Tuesday, June 7, 2016

Market Psychology Of A Trend Failure Into Range On Crude Oil Futures; SchoolOfTrade.com

We start the morning off with a beautiful push higher on the gap up leading into a profit taking move back down towards the huge $50 level where we are likely going to see buyers attempt to re-enter for a move back up again.

This ended up turning the day into a flat more range bound environment so we needed to shift gears in how to approach the market and look to buy low and sell high and assume breakouts will fail!

Test-Drive our Advanced Membership  Click here to register for the Free Trial!
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier trade-room as an Advanced Member

No comments:

Post a Comment

Thank you for your comment! Your comment will be reviewed and posted asap, thank you for your patience.