August 13, 2014

Flag Pattern Trading Crude Oil Futures; SchoolOfTrade.com


Selling the Flag Pattern this morning banked us a 75 tick winner on a very sideways day!
In today’s video we have the Crude Oil attempting to break the consolidation highs and failing so we looked to sell below the lows.


This gave us an opportunity to take a Flag Pattern short which paid us in FULL a profit of $750!

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Price Action Patterns like the Flag Pattern we have here set up quite frequently and when they set up this nicely it sure is hard to skip them and this shows us why! Great trading this morning on a day that is typically relatively difficult!


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