Tuesday, September 6, 2016

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

We come in today from the holiday weekend to find Crude Oil working aggressively lower in the EU session causing a very steep gap lower. The open left a lot to be desired for the sellers though causing a bit more of a range sentiment to take hold.

This was met with an initial morning breakout lower that was bought right back up for a push through the highs and likely to find sellers above to do the same to the lows. Ranges mean we need to be selling high and buying low!

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.