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Buying Major Support On Crude Oil Futures; SchoolOfTrade.com
Buying the major support level at 33.73 after the news came out allowed us to pick up a solid 179 ticks this morning!
Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Markets are constantly moving between major support and resistance levels but when the news comes out it can do it in a few candles instead of the entire day! This gives us a chance to make some crazy profit in very short order!
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Teach a Man to Fish and He (and his family) will eat for a Lifetime”