Tuesday, July 19, 2016

Market Psychology Of A Full Range Morning On Crude Oil Futures; SchoolOfTrade.com



We came in this morning to find Crude Oil in a range after we opened up which has been the story for the past month it seems. Today was a FULL range though meaning we are seeing very obvious two-sided trading in that buyers are buying low and sellers are selling high but even above every candle.

With this aggressive of a range sentiment we know that any breakout move, or even strong move, is likely going to be faded so we are looking to use this to our advantage and look to fade at every chance that we can get!


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