February 12, 2015
- in Uncategorized by schooloftrade
Support and Resistance Trading Crude Oil Futures; SchoolOfTrade.com
Selling the snap-back test of resistance allowed us to bank a quick and easy 91 ticks this morning!
In today’s video we see the Crude Oil forming a fake-break low and holding in formed resistance.
This gave us an opportunity to sell the snap-back retest and push prices all the way back down for a cool $910.
We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.
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Support and Resistance trading is some of the strongest locations you can find to trade off of and when you get multiple levels of confirmation on a level, it makes them all the better!
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