February 14, 2012
- in Uncategorized by schooloftrade
crude oil lunchtime day trading strategy
Crude Oil futures have been slopping around for the past 2 hours, we took some easy profit out of this market earlier today but no lunch has it slow and sloppy. We need higher highs on crude to buy pullbacks, and remember buying new highs will be higher risk.
We need to get below the PHOD to sell short, and make sure we remember the 100.60 double-top support level which may be either a good profit target or a location we need to wait to get below before our entry, depending on your entry location for the trade.
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| Crude Oil Lunch Trading Strategy |
