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Market Psychology Of Range Trading; SchoolOfTrade.com
Today we started up where we left off on Crude Oil — with the range on Friday. This range held very well all morning allowing for several trap opportunities at the highs and lows.
Ranges really have one thing to keep in mind which is buy low and sell high. It really is that simple. If you see a breakout move, wait for more information but until then, keep on fading those moves!