This was certainly a "smart money" trading day. Hedge fund managers controlled everything before and after today's main fundamental event, oil inventories, was released. Watch this video to see how we scalped the news using a 1 min chart and also see how the professional traders were trading the 4 hour chart. You will not, because of the influence of the institutional players, today's daily pivot points were usueless, however the weekly pivots were extremely powerful.
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