March 14, 2013
- in Uncategorized by schooloftrade
Crude Oil Chart Prep
 |
| Crude Oil Day Trading |
Crude Oil sits
in the middle of the price-wedge and trading range on our anchor chart, which
tells us that the high-percentage-trades are buying at the lows and selling at
the highs. We will look for short term trading
opportunities this morning; however we know already that the high-percentage-trades
will need to be waited-for.
in the middle of the price-wedge and trading range on our anchor chart, which
tells us that the high-percentage-trades are buying at the lows and selling at
the highs. We will look for short term trading
opportunities this morning; however we know already that the high-percentage-trades
will need to be waited-for.
 |
| Crude Oil Entry Chart |
Our entry
timeframe on Crude Oil shows us a short term price-wedge, double-bottom and
opportunity for both the InsideOut Set-up LONG and the Wave Entry-Trigger short
around the PLOD. We know that if the
sellers fail to breakout of the range we will buy that failure. Furthermore, the anchor chart says we’re
bearish so we welcome new lower-lows and a short entry trigger.
timeframe on Crude Oil shows us a short term price-wedge, double-bottom and
opportunity for both the InsideOut Set-up LONG and the Wave Entry-Trigger short
around the PLOD. We know that if the
sellers fail to breakout of the range we will buy that failure. Furthermore, the anchor chart says we’re
bearish so we welcome new lower-lows and a short entry trigger.
