Archive
Monthly Archives: February 2016
February 2, 2016
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Price Action Trading The Wedge Breakout On Crude Oil Futures; SchoolOfTrade.com
Selling the Wedge Pattern Resistance gave us a trade back down for 190 ticks this morning for gorgeous bear rejection! In today’s video we see Crude Oil Futures coming back to retest the earlier Wedge Pattern breakdown with strong rejection. This gave us an opportunity to sell the rejection right back down again for $1,900 […]
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E-Mini Dow Futures Day Trading Strategy Review – Buying the range lows 2L
Dow 800V The Dow had a huge run down but that only led into a range on the bottom which held strongly. Sellers attempted a push down getting a test of range lows but failing quickly after for a 2L back up. Overall this gave a move up for 10, 23, and 28 ticks back […]
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Gold Futures Day Trading Strategy Review – Buying channel lows 2L
Gold 512V Gold had a great run up off lows with aggressive buying pressure the whole time. This gave a bull channel which had support form on the test for a 2L right back up again. Overall this gave a move up for 10, 13, and 1 tick on the run with lack of follow […]
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Crude Oil Futures Day Trading Strategy Review – Buying the BOPB FBL 2L
Crude 1000V Crude Oil had a nice correction off lows leading into a bull channel working up with price. This gave a pullback to attempt a FBL of the channel causing a BOPB right back up on a 2L. Overall this gave a move up for 10, 21, and 39 ticks to channel high targets! […]
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Euro Currency Futures Day Trading Strategy Review – Buying the 1CT 2SF
Euro 1597V The Euro had a great run higher with bull channel support aiding the move up the whole way. This gave a 1CT at the lows of the channel for a 2SF to hop back in and run the move up. Overall this gave a move higher for 10, 15, and 40 ticks to […]
Continue reading February 1, 2016
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Waiting to Fade the Correction | Crude Oil, Gold, E-mini & Euro Futures 02/01/16
Click here to download today’s charts “Opportunity is missed by most people because it is dressed in overalls and looks like hard work.” Notes for Tonight’s Newsletter: Crude Oil is bearish with three legs down and a spike & channel this evening which tells us to look for the next selling opportunity after a bullish […]
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Price Action Trading The Fake-Out Break-Out On The E-Mini S&P 500 Futures; SchoolOfTrade.com
Buying the fake-break of the lows on the bear trend allowed us to pick up a solid 96 ticks this morning! In today’s video we see the E-Mini S&P 500 Futures in a weakening bear trend with weaker and weaker lows and looking to take profit to correct up. This gave us an opportunity to […]
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E-Mini Dow Futures Day Trading Strategy Review – Selling the 2S off range highs
Dow 800V The Dow had a grindy move lower with bear channel resistance holding it lower. This gave an attempt at the highs that was cut short by selling pressure for a 2S. Overall this gave a move back down for 10, 22, and 1 tick with lack of follow through on the runner. Make […]
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Gold Futures Day Trading Strategy Review – Buying the 2SF back to highs
Gold 512V Gold was a rocket ship this morning but had a strong dip down at 830EST where buyers picked it back up again. This gave a 2SF back into the middle of the channel looking for the highs once again. Overall this gave a move up for 10, 10, and 49 ticks to channel […]
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Crude Oil Futures Day Trading Strategy Review – Selling the 2LF BOPB
Crude 1000V Crude Oil had a big move lower with bear major channel resistance following it lower. This gave a BOPB of the highs leading into a 2LF to push price right back down to complete the cycle. Overall this gave a move lower for 10, 11, and 22 ticks to LOD targets below! Make […]
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