November 26, 2012
- in Uncategorized by schooloftrade
Day Trading Strategy for Trading Ranges Post-Holiday
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| LIVE TRADING CRUDE OIL |
This morning we used a very simple day trading strategy for the trading ranges that often come as result of traders coming back to their desks from a long holiday break from the action. This morning, a Monday, we got back to business and took 2 trades on our live account trading Crude Oil Futures.
The first thing we did today was get back into our routine like we always do. When we begin a new week sometimes it can feel as if the wind is in our face, but moments after we get into our daily routine we often feel as though the wind is now at our backs. It always seems like we lose a little bit of the ‘rhythm’ of the price-action when we go away more than 2 days, and today we wanted to get back to the routine and get the ‘wind at our backs’ so we could make some profits. No matter which day trading strategy we are using, we always treat Monday the same.
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Read the Complete Trade Room Recap HERE
