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Channel Breakout Trading The Crude Oil Futures; SchoolOfTrade.com
Buying the channel break retest allowed us to bank a hefty 62 ticks on the trade this morning after the inventory news!
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.
Any news announcement can really get the market going if it has been slow and today was no exception. It shot Crude Oil higher and the pullback to the channel was a beautiful place to hop on board with the initial news move!
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