Thursday, July 21, 2016

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



We came in today to find Crude Oil playing a bit of the trap game sticking buyers in a bad position before dropping the bottom out. This initially looked as though it was going to go range bound for the rest of the day.

We then had a strong sentiment shift with buyers once again not able to get back to highs and sellers dominating the market and slamming the market lower for a new bear trend potential for the short term movement.


===========================================================
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.