May 14, 2012

Crude Oil day trading strategy using sideways ranges

Crude
Oil futures trading sideways right now and you can see 2 distinct sideways
ranges
.  We know to sell the highs and
buy the lows of each trading range, after we look for the fake-out breakout first.  You can see the range within the range, so
sell the highs first, and then sell the highs of the range above it, if price
keeps going higher buy pullbacks with new higher-highs.

    schooloftrade

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