April 4, 2013

Crude Oil Tumbles for +100ticks

8:20am EST
Crude Oil 60-Minute

We were
planning on Crude Oil moving either higher off the trigger-zone or lower with
new lower-lows below the trigger-zone on the 4hour chart.

When price-action
began to tumble after the 830am jobless claims news we were able to get short
using the 144tick chart along with the entry trigger indicator.
830am EST Trading Crude Oil
We took our profit-target
at the +100tick average daily move and now we’re waiting for 900am EST to get a
possible price-reversal and a long trade back up into the range from the London
trading session.

    schooloftrade

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