Archive
Monthly Archives: August 2016
August 4, 2016
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Strategy for Non-Farm Friday | Crude Oil, Gold, E-mini & Euro Futures 08/04/16
Click here to download today’s charts What your mind can conceive, and your heart can believe, you can achieve! – Muhammad Ali Notes for Tonight’s Newsletter: Tomorrow is Non-Farm Friday which means we have some great trading opportunities after 8:30am EST tomorrow; Crude Oil, S&P and Gold are bullish while the Euro is bearish as […]
Continue reading August 4, 2016
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Market Psychology Of A Range Morning On Crude Oil Futures; SchoolOfTrade.com5
Today we came in with a big bull spike at the open off major support from the monthly chart. This gave buyers a shot to take the market over but they never showed up. When the sellers had a chance to fight back and go the opposite direction, they also didn’t want to show up. […]
Continue reading August 4, 2016
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Price Action Trading The Pennant Range Fake Break On Crude Oil Futures; SchoolOfTrade.com
We came in today to find Crude Oil moving into a range after a nice drop off the highs on the bear trend. This transition will likely have had sellers looking to continue scaling in but buyers were not letting them push very far down before coming back in. With sellers losing grip at support […]
Continue reading August 3, 2016
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4 Trades for Thursday | Crude Oil, Gold, E-mini & Euro Futures 08/03/16
Click here to download today’s charts “Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” Notes for Tonight’s Newsletter: Crude Oil and the S&P both bullish while Gold and Euro are bearish going into Thursday’s trading session. Crude Oil is […]
Continue reading August 3, 2016
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Market Psychology Of A Strong Bear Trend Open On Gold Futures; SchoolOfTrade.com
We opened up the day with a small gap down that lead into massive selling pressure off the EMA test. This also gave a near gap fill miss that will have a lot of buyers who didn’t get their targets nervous and likely to exit causing a spike down. Once the spike down occurred, now […]
Continue reading August 3, 2016
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Price Action Trading The Range Cycle On Gold Futures; SchoolOfTrade.com
We came in today to find Gold Futures cycling in a range and most recently failing out of the highs for a push lower by the sellers. This let us know to be selling high for a move lower where we can potentially buy back up again. Overall, the sellers slammed the market down through […]
Continue reading August 2, 2016
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Wednesday Trade Plan | Crude Oil, Gold, E-mini & Euro Futures 08/02/16
Click here to download today’s charts “Watch your thoughts; they become words. Watch your words; they become actions. Watch your actions; they become habits. Watch your habits; they become your character. Watch your character; it becomes your destiny. -Frank Outlaw Notes for Tonight’s Newsletter: We have great trends and big ranges to work with tomorrow; […]
Continue reading August 2, 2016
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Price Action Trading The Sellers Breakout On Crude Oil Futures; SchoolOfTrade.com
We came in today to find Crude Oil working higher with nice bullish movement but when we reached into the prior month and week levels, we saw the market sentiment shift quite a bit. The bullishness was no longer there looking for further movement but instead, taking profit at the highs. This gave us a […]
Continue reading August 2, 2016
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Market Psychology Of A Breakout Morning On Crude Oil Futures; SchoolOfTrade.com4
We came in today to see a descent gap higher in price from Monday’s close which led into a massive bear selling candle. The bears never achieved continuation though which meant that, if they were still interested, they will likely want to sell at the highs rather than right here. This allowed the sellers to […]
Continue reading August 1, 2016
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6 Trades for Tuesday | Crude Oil, Gold, E-mini & Euro Futures 08/01/16
Click here to download today’s charts “Life does not get better by chance. It gets better by change.” – Joseph James Notes for Tonight’s Newsletter: We have some strong trends and some choppy ranges heading into Tuesday’s session; Crude Oil, S&P and Euro are bearish while the Gold is bullish as we crack-open the first […]
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