Archive
Monthly Archives: June 2016
June 27, 2016
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Market Psychology Of Brexit Range Morning On Crude Oil Futures; SchoolOfTrade.com
We came in today after a full weekend of analysts ripping apart the Brexit vote with fresh eyes. This gave us a HUGE gap lower on Crude Oil showing that the bears from Friday haven’t gone anywhere and are likely going to keep wanting to sell. The large gap lower will likely see an initial […]
Continue reading June 27, 2016
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Price Action Trading The Bear Trend On Crude Oil Futures; SchoolOfTrade.com
We came in today to find Crude Oil getting beat up a bit and sellers dominating the morning movement. This let us know that the ONLY thing we need to be doing is selling so wait for traps and good signals and sell on the way lower. We had a nice correction back to the […]
Continue reading June 23, 2016
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5 Trades for Friday | Crude Oil, Gold, E-mini & Euro Futures 06/23/16
Click here to download today’s charts “Change your thoughts and you change your world.” –Norman Vincent Peale Notes for Tonight’s Newsletter: Markets are setting-up for another exciting session tomorrow as the final ‘Brexit’ votes are being tallied; Crude Oil, S&P and Euro are bullish while Gold is bearish going into Friday’s trading session. We’re expecting […]
Continue reading June 23, 2016
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Market Psychology Of A Failure On Crude Oil Futures; SchoolOfTrade.com
Today we open up with a HUGE gap higher showing that the buyers from the EOD yesterday are likely very happy with the move and given that the first bar of the day was so bearish, taking profit as well. This profit taking may just be for a few candles or it could be for […]
Continue reading June 23, 2016
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Price Action Trading The Wedge Breakout Move On Crude Oil Futures; SchoolOfTrade.com
Today we have a very nice run higher on Crude Oil which hit the big 50$ mark and it shut down all of the bullishness that was there. This complete shut down of buyers likely took a lot of traders by surprise which led to the stop run move lower. The pullback off the highs […]
Continue reading June 22, 2016
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Brexit Trading Strategy | Crude Oil, Gold, E-mini & Euro Futures 06/22/16
Click here to download today’s charts “Your time is limited; don’t waste it living someone else’s life. Don’t let the noise of other’s opinion drowned your own inner voice. And most important, have the courage to follow your heart and intuition, they somehow already know what you truly want to become. Everything else is secondary.” […]
Continue reading June 22, 2016
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Market Psychology Of A Tight Range Morning On Crude Oil Futures; SchoolOfTrade.com
We open up with a small gap up after a large burst of buying pressure off the EOD yesterday. This is going to create some very happy buyers which will be in two camps. One will take profit right away and go home for the day while the others will get a bit greedy and […]
Continue reading June 22, 2016
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Price Action Trading The Bearish Continuation On Crude Oil Futures; SchoolOfTrade.com
We came in today to see Crude Oil dropping most of the morning after the huge API run higher last afternoon. This move down was likely initially on profit taking but had gone on a bit too long as was transitioning into a bear trend quickly. This gave a snap back to the EMA on […]
Continue reading June 21, 2016
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Wednesday Trade Plan | Crude Oil, Gold, E-mini & Euro Futures 06/21/16
Click here to download today’s charts “Trading is a game of probabilities and pattern-recognition that can be won by anyone who is willing to invest the time to learn the business, develop the skills, and maintain the trader’s mindset.” – Joseph James Notes for Tonight’s Newsletter: Markets are giving us great moves this week as […]
Continue reading June 21, 2016
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Market Psychology Of A Morning Range On Crude Oil Futures; SchoolOfTrade.com
Today we open up to a HUGE gap lower showing the end of day buyers from yesterday are in some REALLY deep do-do. This gives us clues that we may have a range start to the day with buyers trying to average down as well as some buyers exiting for the loss making the market […]
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