November 21, 2012
- in Uncategorized by schooloftrade
Double-Top and Price Wedge make for easy profits!
This morning in our live trade room we were very successful in finding the high-percentage-trades using a simple double-top and price-wedge day trading strategy. We traded Crude Oil Futures this morning and took two trades long that were both winning trades called ahead of time with exact entry, stop-loss and profit-target in our live trade-room.
The first clue we saw from Crude Oil this morning was a price-wedge on the 13range chart timeframe. This price-wedge gave us a BIG clue for market personality and we always know that the lows of the price-wedge are always a great place to buy. In addition to the price-wedge, we also knew that the bullish price-channel told us the buyers were stronger than the sellers, so buying at the lows of the price-wedge was an easy trade to take.———————————————————-
Read the Complete Trade Room Recap HERE
