April 28, 2016
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Selling the Buyer Exhaustion On Crude Oil Futures; SchoolOfTrade.com
Today we have a very wide range feeling market with a HUGE run higher by the bulls ending with the biggest bull candle of the session which will likely get buyers out of their positions with them seeing it as free money from the markets. These types of areas, when taken in context, give some […]
Continue reading April 27, 2016
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2 Strength Clues Thurs | Crude Oil, Gold, E-mini & Euro Futures 04/27/16
Click here to download today’s charts “The secret to life is meaningless unless you discover it yourself.” – W. Somerset Maugham Notes for Tonight’s Newsletter: Markets are reacting to the FOMC Announcement this afternoon; Crude Oil and the S&P are both bullish and trying to re-test their highs, while the Gold and Euro are both […]
Continue reading April 27, 2016
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Market Psychology Of A Trading Range On The E-Mini S&P 500 Futures; SchoolOfTrade.com
Today we have a VERY obvious trading range that we failed to breakout from leading into today’s movement. This gives us clues that we need to continue buying low and selling high and assume all breakouts are likely going to fail. This is where inexperienced traders have the most difficult time because right when it […]
Continue reading April 27, 2016
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Fading The Range Breakout On The E-Mini S&P 500 Futures; SchoolOfTrade.com
Today we see a VERY well defined range on the S&P 500 Futures with a huge bull move up towards the highs that ended with absolutely no continuation showing buyers completely falling apart. This is very indicative of a range type day allowing us to sell into the range high buyer failure to push the […]
Continue reading April 26, 2016
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8 Trades for FOMC | Crude Oil, Gold, E-mini & Euro Futures 04/26/16
Click here to download today’s charts “Life is not about ALL the wrong moves you made; Life is about the one right move that made ALL the difference.” – James Lockhart Notes for Tonight’s Newsletter: Markets are preparing for a day filled with FOMC and Inventory News tomorrow; Crude Oil is bullish with a triple […]
Continue reading April 26, 2016
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Market Psychology Of A Trading Range On Crude Oil Futures; SchoolOfTrade.com
Today we see Crude Oil stuck in a range most of the morning with buyers and sellers battling over the extremes and fading all moves that occur through them. We see a complete shift in sentiment with buyers taking control of the move and buying the pullback which gave a gorgeous signal to become buyer […]
Continue reading April 26, 2016
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Buying The Channel Lows On Crude Oil Futures; SchoolOfTrade.com
Today on Crude Oil we see a beautiful drive up off the lows but with almost TOO much strength and the buyers getting a bit exhausted. This gives us a very big clue on how to play this move going forward. The bounce off the channels in combination with the exhaustion means we need to […]
Continue reading April 25, 2016
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4 Channels for Tuesday | Crude Oil, Gold, E-mini & Euro Futures 04/25/16
Click here to download today’s charts “In warfare there are no constant conditions. He who can modify his tactics in relation to his opponent will succeed and WIN.” – Sun Tzu – The Art of War. Notes for Tonight’s Newsletter: Crude Oil is bearish this evening but we’re trading into the measured-move target which means […]
Continue reading April 25, 2016
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Market Psychology Of Range Trading; SchoolOfTrade.com
Today we started up where we left off on Crude Oil — with the range on Friday. This range held very well all morning allowing for several trap opportunities at the highs and lows. Ranges really have one thing to keep in mind which is buy low and sell high. It really is that simple. […]
Continue reading April 25, 2016
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Price Action Trading The Crown Reversal Pattern; SchoolOfTrade.com
Today we have a GORGEOUS Crown Reversal Pattern showing up on Crude Oil Futures for us to look for major buy side failure. This gave us the chance to drive the market lower with all of the buyers giving up. This turned the move into a spike and ledge pattern as well on top of […]
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