Introduction When it comes to successful funded trading, psychology plays an incredibly important role. Today, we will share the story of Harrison, a futures trader from Texas who recognizes the importance of having the correct mindset. Harrison completed the evaluation in just 20 days, so let’s see how he did it and his approach to Read More…
Oil prices paused after collapsing in the previous session as market participants worried about looming tariffs on Canada and Mexico. Notably, these two countries supply most of their oil to the US. Moreover, a surge in US crude inventories last week indicated weak demand, dampening sentiment. Oil prices peaked on 15th January and have maintained Read More…
Introduction In our previous analysis, we anticipated a potential breakout in crude oil futures (CL) if the price could sustain momentum above certain resistance levels. Since then, crude has rallied sharply but failed to hold above the descending trendline resistance, leading to a pullback below the trendline again. Let’s see what the technicals are telling Read More…
Oil prices held near recent lows as market participants worried about the impact of Trump’s tariff and energy policies on supply and demand. At the same time, investors waited for data and the FOMC policy meeting to provide more clues on the future of monetary policy in the US. Oil futures (Source: ICE, Nymex) Since Read More…
Oil prices eased on Thursday after reaching new highs in the previous session due to an unexpected draw in US crude inventories. At the same time, the Biden administration announced more sanctions on Russia that could tighten supply. Meanwhile, a ceasefire deal in Gaza weighed on prices. WTI vs crude stocks (Source: Nymex, EIA) Data Read More…
Introduction Trading gaps are a common pattern in trading and markets, but not many traders know how to trade them correctly. First, we must begin with: What causes them? What are their features? And most importantly, how can you use them to make profitable trades? In this guide, we’ll answer all of those questions and Read More…
