Following Our Plan In Crude. The first thing we do in the morning is our multi time frame analysis. This allows us to set our plan for the trading session. Then we concentrate on taking trade in the direction of our plan.
Failed Bull Flag In Gold. On the 30 minute chart gold futures triggered a bull flag. Then gold chopped around and ultimately broke lower. The move lower broke under the low of the set up bar causing a failed bull flag. Often failed bullish turns bearish.
Trade Set Ups In Crude. We are in the summertime doldrums. The Markets are slowing down a little. How ever Crude Oil Futures gave a couple of high probability set ups this morning.
Bullish Reversal In Crude. There was a nice support break to the downside in Crude Oil Futures. Then the old ghost pit opened and Crude made a big bullish reversal.
