February 7, 2012
- in Uncategorized by schooloftrade
crude oil day trading strategy up-date
We’ve had some easy profits following our trading strategy on crud eoil this morning.
We sold below the PLOD with a wave pattern short, then we bought the lows of the price wedge and then we bought again when price got above the PLOD.
Open above us at 96.90 will be a target and a price magnet. We’re in the middle of the wedge so beware the sloppiness that comes with the middle. We would rather buy the lows and sell the highs, so beware the middle.
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| Day trading strategy crude oil futures |
