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Monthly Archives: August 2016
August 1, 2016
- in Uncategorized by schooloftrade
Market Psychology Of A Breakout Morning On Crude Oil Futures; SchoolOfTrade.com
We open the market lower on the month with a bull attempt higher which completely failed back down sparking the bear move down slamming price further and further on the day. This bearishness all morning saw every bull attempt fail and drop right back down. When a market opens up in this manor with a […]
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- in Uncategorized by schooloftrade
Price Action Trading The Crude Oil Futures Bull Failure; SchoolOfTrade.com
We came in to start the month off with a fairly sturdy drop in prices on Crude Oil. This move lower was nice and strong with any buy attempt being almost immediately reversed so looking for buyers failure is a great strategy. We had a huge bull spike that lead into a 1 tick trap […]
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