May 9, 2013
- in Uncategorized by schooloftrade
Crude Oil Scalping Trading Strategy
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| Crude Oil Anchor Chart |
Crude Oil; we can see the RED Cloud-cover on the anchor chart with new lower-lows
and lower-highs as price-action moves in a down-trend this morning. This is the clue we need to be looking for selling
opportunities this morning using the scalping-strategy.
and lower-highs as price-action moves in a down-trend this morning. This is the clue we need to be looking for selling
opportunities this morning using the scalping-strategy.
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| Crude Oil Entry Chart |
The faster
entry timeframe shows us a price-wedge and a sideways-trading-range that we
will need to use in order to avoid trading directly into major support and
resistance as we move higher or lower this morning.
entry timeframe shows us a price-wedge and a sideways-trading-range that we
will need to use in order to avoid trading directly into major support and
resistance as we move higher or lower this morning.
