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Monthly Archives: April 2013

April 5, 2013

Short-Covering Rally on Crude Oil?

Expecting a Short-Covering Rally on Crude Oil this morning.   Just waiting for the sellers to start taking profit on this monster drop over the week.  Patience will pay well today, almost there, look for this buying opportunity with a close above 92.38 (aggressive) or 92.76 (conservative) on a 5-Minute chart.

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April 5, 2013

Crude Oil 5-Minute Prep

Crude Oil 5-Minute Prep We can see this 5-Minute gives us both bullish AND bearish clues at this time, just after the Opening Bell in the US at 930am EST.  We have been buying the lows this morning, but after the bell we have seen market personality change to become sideways.  We expect to trade […]

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April 5, 2013

Crude Oil Trade Up-Date

Our plan for trading Crude Oil is to look for the sellers to fail and give us a buying opportunity at the lows of this range.  We may also see a potential selling opportunity but we need to be very careful because this has a lot of support below us to hold us up. 830am […]

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April 5, 2013

Crude Oil day trading plan

Crude Oil Weekly  The weekly chart reminds us that we’ve tumbled from the extreme highs all the way down to the extreme lows, which tells us that we are looking for a price-reversal and the high-percentage-trades this morning will come buying the lows of this trading range.  We also know that if price-action wanted to […]

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April 4, 2013

Mini-Russell day trading plan

Mini-Russell Daily Chart We can see buy-zones below us at 908.5 so we’re selling short on the way down below 914.5, taking profit-target at the buy-zone and then looking for buying opportunities after we test the 908.5 and then see price-action move higher in our direction. Join us HERE.

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April 4, 2013

Crude Oil Anchor Chart Up-Date:

Crude Oil Trading  The Crude Oil 30-Minute anchor chart shows us testing a major buy-zone at 92.79 (see last night’s review) and we know that the big drop in price will likely result in a big POP in price back up into the range we’ve started from today.  We’re looking to buy now after the […]

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April 4, 2013

Crude Oil Anchor Chart Up-Date:

The Crude Oil 30-Minute anchor chart shows us testing a major buy-zone at 92.79 (see last night’s review) and we know that the big drop in price will likely result in a big POP in price back up into the range we’ve started from today.  We’re looking to buy now after the 9:30am EST open […]

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