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Fake-Out Breakout earns $1,000 trading Crude Oil / Mini-Russell
Our first trade of the morning came selling the highs of the previous day’s highs on the Mini-Russell. We designed our day trading plan this morning around this fake-out-breakout strategy at the PHOD and by 10:00am EST we were selling short after watching the buyers fail at the highs. This day trading plan was published on our blog during our morning prep at 8:00am EST and we simply focused on following that trading plan. We earned over $250 on our first trade of the session, great way to start.