December 6, 2012
- in Uncategorized by schooloftrade
Day trading plan says to sell Crude Oil short
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| LIVE Crude Oil Day Trading Plan |
This morning we made some easy profit using a simple day trading plan and our specific morning prep to plan our trades ahead of time this morning. Once we had our day trading plan defined at 8:00am EST we were able to sit back and wait for the price-action to move in our direction for our first trades of the morning. Every morning we post our morning prep before 8:00am EST so that everyone can get involved and be ready to make profits with us in our live trade-room.
Our first trade this morning on Crude Oil was short below 2 levels of support which we defined in the morning prep on our blog. We saw the PLOD and the trigger-zone support of 87.25 as the key line in the sand we needed to cross before selling short. We were correct in our day trading plan and we got short for a $400 winning trade right out the gate this morning!
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Read the Complete Trade Room Recap HERE
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Read the Complete Trade Room Recap HERE
