June 29, 2016
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Price Action Trading The Crude Oil Inventories; SchoolOfTrade.com
We came in today to a very slow market overall going in a range for the most part of the morning session. This led into the inventory numbers which smashed price higher kicking it out of the range mentality forcefully. This large move higher is likely going to have buyers waiting to buy the pullback […]
Continue reading June 28, 2016
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7 Trades for Wednesday | Crude Oil, Gold, E-mini & Euro Futures 06/28/16
Click here to download today’s charts “Every time you stay out late; every time you sleep in; every time you miss a workout; every time you don’t give 100% – You make it that much easier for me to beat you.” Notes for Tonight’s Newsletter: Markets are getting back into their rhythm this week after […]
Continue reading June 28, 2016
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Market Psychology Of A Pullback Morning On Crude Oil Futures; SchoolOfTrade.com
We ended the day yesterday with a HUGE run higher shutting down a lot of bearishness that happened through the entire day. This led into a very large gap higher where buyers are likely going to take profit on the run up in the overnight session. This caused a bit of a drop in price […]
Continue reading June 28, 2016
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Price Action Trading A Trend Reversal On Crude Oil Futures; SchoolOfTrade.com
We come in today to see Crude Oil working on a nice bull trend through the EU session. This drive higher wasn’t the strongest movement in the world, but a nice health trend until we came into the NYSE open where it weakened up quite a bit. This weakening gave us a BIG clue that […]
Continue reading June 27, 2016
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Tuesday’s Trade Plan | Crude Oil, Gold, E-mini & Euro Futures 06/27/16
Click here to download today’s charts “If you can imagine it, you can achieve it; if you can dream it, you can become it.” –William Arthur Ward Notes for Tonight’s Newsletter: Our favorite futures markets are reacting to last week’s Brexit vote with some choppy price-action this evening but our plan is to turn OFF […]
Continue reading June 27, 2016
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Market Psychology Of Brexit Range Morning On Crude Oil Futures; SchoolOfTrade.com
We came in today after a full weekend of analysts ripping apart the Brexit vote with fresh eyes. This gave us a HUGE gap lower on Crude Oil showing that the bears from Friday haven’t gone anywhere and are likely going to keep wanting to sell. The large gap lower will likely see an initial […]
Continue reading June 27, 2016
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Price Action Trading The Bear Trend On Crude Oil Futures; SchoolOfTrade.com
We came in today to find Crude Oil getting beat up a bit and sellers dominating the morning movement. This let us know that the ONLY thing we need to be doing is selling so wait for traps and good signals and sell on the way lower. We had a nice correction back to the […]
Continue reading June 23, 2016
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5 Trades for Friday | Crude Oil, Gold, E-mini & Euro Futures 06/23/16
Click here to download today’s charts “Change your thoughts and you change your world.” –Norman Vincent Peale Notes for Tonight’s Newsletter: Markets are setting-up for another exciting session tomorrow as the final ‘Brexit’ votes are being tallied; Crude Oil, S&P and Euro are bullish while Gold is bearish going into Friday’s trading session. We’re expecting […]
Continue reading June 23, 2016
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Market Psychology Of A Failure On Crude Oil Futures; SchoolOfTrade.com
Today we open up with a HUGE gap higher showing that the buyers from the EOD yesterday are likely very happy with the move and given that the first bar of the day was so bearish, taking profit as well. This profit taking may just be for a few candles or it could be for […]
Continue reading June 23, 2016
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Price Action Trading The Wedge Breakout Move On Crude Oil Futures; SchoolOfTrade.com
Today we have a very nice run higher on Crude Oil which hit the big 50$ mark and it shut down all of the bullishness that was there. This complete shut down of buyers likely took a lot of traders by surprise which led to the stop run move lower. The pullback off the highs […]
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