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Monthly Archives: June 2016
June 2, 2016
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Friday’s Trade Plan | Crude Oil, Gold, E-mini & Euro Futures 06/02/16
Click here to download today’s charts We are what we repeatedly do. Excellence, therefore, is not an act but a habit. – Aristotle Notes for Tonight’s Newsletter: Our favorite markets are gearing-up ahead of the Non-Farm Payroll report tomorrow morning; Crude Oil and the S&P are both bullish while the Gold and Euro are bearish […]
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Market Psychology Of An Inventory Day On Crude Oil Futures; SchoolOfTrade.com
We come in today to see Crude Oil gaping lower from yesterday’s possible spike and ledge formation with snap selling pressure to drive the market lower after the open. These sellers quickly dried up though showing there is something wrong with their case. The buyers continue to buy into the low moves and the bears […]
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Price Action Trading The Descending Wedge On Crude Oil Futures; SchoolOfTrade.com
Today we see Crude Oil grinding lower after the HUGE run higher earlier in the EU session. This drop lower was likely initially profit taking that got a bit carried away and began going into a trend reversal in the form of a descending wedge pattern. This descending wedge gave us clues that the buyers […]
Continue reading June 1, 2016
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6 Trades for Thursday | Crude Oil, Gold, E-mini & Euro Futures 06/01/16
Click here to download today’s charts “Do not wait to strike till the iron is hot; but make it hot by striking.” – William B. Sprague Notes for Tonight’s Newsletter: We have some great trends to work with tomorrow; Crude, S&P and Euro are bullish while Gold is bearish going into Thursday’s trading session. Crude […]
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