February 29, 2016
- in Uncategorized by schooloftrade
Buying The Channel Lows On The Crude Oil Futures; SchoolOfTrade.com
Buying the sellers failure this morning at channel lows allowed us to pick up a solid 124 ticks!
In today’s video we see the Crude Oil Futures attempting to break down out of rising bull channel support and failing miserably.
This gave us an opportunity to buy the failure right back up for $1,240 on the trade with only 4 contracts!
We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.
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Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Channels like this can give some of the best setups around and this was a gorgeous example of a failure to break down and run right back up again!
Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Channels like this can give some of the best setups around and this was a gorgeous example of a failure to break down and run right back up again!
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