January 28, 2016
- in Uncategorized by schooloftrade
Price Action Trading The Flag Pattern On Crude Oil Futures; SchoolOfTrade.com
Buying the Flag Pattern this morning allowed us to pull in a HUGE move taking 399 ticks on the trade!
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In today’s video we see the Crude Oil forming a Flag Pattern at the highs and looking to breakout higher with strength.
This gave us an opportunity to buy the initial entry and add-on to it for a MASSIVE run up and $3,990 on the trade!
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Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Flag Patterns are easily one of my favorite setups and that is mainly because they are very reliable. You don’t always get moves like this today, but pattern setups will get you into the move and give you the opportunity to take them all the way up!
Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Flag Patterns are easily one of my favorite setups and that is mainly because they are very reliable. You don’t always get moves like this today, but pattern setups will get you into the move and give you the opportunity to take them all the way up!
Don’t forget to join our newsletter on the left side of our blog at www.SidewaysMarkets.com as well. I will send you more simple ways to earn profit just like this to your email inbox!
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