April 1, 2013
- in Uncategorized by schooloftrade
Crude Oil day trading plan
Crude Oil day trading |
Using our
anchor chart this morning we can see the bullish price-channel has been broken
with new lower-lows and we’re making a run towards our first buy-zone this
morning at 96.40. the low of this buy-zone
is 96.26 so that is our final support level before we can assume this support has
been broken and we will then start selling short.
anchor chart this morning we can see the bullish price-channel has been broken
with new lower-lows and we’re making a run towards our first buy-zone this
morning at 96.40. the low of this buy-zone
is 96.26 so that is our final support level before we can assume this support has
been broken and we will then start selling short.
Our buy-zones for today are 96.41 –
96.26, 95.77-95.58, 95.39-95.21.
96.26, 95.77-95.58, 95.39-95.21.
Our sell-zones are 97.86-97.36.
Crude Oil day trading |
We can see
that we had an InsideOut Set-up trigger short late night on Easter-Sunday, so this
trade was off-limits for most of us. We
will be looking for the price-action on Crude Oil to test the PLOD at 96.28
this morning and then we will be looking for a price-reversal set-up to get
long at this support, or if the sellers are too strong, we will sell short
below the PLOD as the market personality will be considered bearish.
Join us HERE.
that we had an InsideOut Set-up trigger short late night on Easter-Sunday, so this
trade was off-limits for most of us. We
will be looking for the price-action on Crude Oil to test the PLOD at 96.28
this morning and then we will be looking for a price-reversal set-up to get
long at this support, or if the sellers are too strong, we will sell short
below the PLOD as the market personality will be considered bearish.
Join us HERE.