August 22, 2013
- in Uncategorized by schooloftrade
Day trading strategy for Crude Oil Futures | Sell Short at Price Channel Highs
I am watching Crude Oil this afternoon and looking for a selling
opportunity at the highs of this bearish price channel around the trigger-zone #1
which is from 105.64 to 105.24.
opportunity at the highs of this bearish price channel around the trigger-zone #1
which is from 105.64 to 105.24.
I am going to wait for price-action to test this resistance area
around 105.24 and then as soon as it begins moving lower I am going to look for
an entry pattern to get into the position short.
around 105.24 and then as soon as it begins moving lower I am going to look for
an entry pattern to get into the position short.
Come see us tomorrow for an up-date on this trade in our LiveTrade Room, which opens at 8:00am EST Monday through Friday.
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