July 18, 2016
- in Uncategorized by schooloftrade
Price Action Trading The Bear Trend Retrace On Crude Oil Futures; SchoolOfTrade.com
We came in today to find CL getting battered over the EU session and it continued into the US session with sellers heavily on the table and continuing to push the market down on any attempt the buyers get.
This lets us know that there should be only one direction in mind — down. We need to look to sell at any retrace as well as any bull trap knowing that the bears are in full control and will likely use those as stop runs through the lows.
===========================================================
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
