March 28, 2013

Crude Oil day trading plan

Crude Oil day
trading plan 

Join us HERE.  Crude Oil Futures
trading in lower this morning after testing the resistance at 96.87 and
failing.  We will assume price-action will
move lower now down to support at 95.95 and potential through that support and
down to the buy zone at 95.60.  We will
be looking to get short with our entry trigger indicator as we move lower and
take a partial profit-target at the 95.95 and then try to hold a runner down to
the buy zone at 95.60. 
As soon as
we get to these support levels, we’re reading candlesticks, reading tape to see
if the buyers will grab hold at these lows. 
If the buyers grab hold we will then look for entry signals LONG to buy
in the support zones at either 95.95 or 95.60. 
our profit-target for the buying opportunity will be the highs of the
range around 96.80 and a runner profit-target up at the next resistance zone at
97.71.
Join us HERE.

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