February 17, 2016
- in Uncategorized by schooloftrade
Price Action Trading The Megaphone Pattern On Crude Oil Futures; SchoolOfTrade.com
Buying the Megaphone Pattern Lows allowed us to pick up a HUGE run higher for 299 Ticks!
In today’s video we see the Crude Oil Futures holding the Megaphone Pattern lows with aggression.
This gave us an opportunity to buy the strength up for $2,990 on the move back up!
We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.
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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. Patterns like the Megaphone can give you some PHENOMENAL setups as we saw today. These areas become HUGE support and resistance but when you have clues of big movement like we had today, you can catch some massive profit runs as well!
Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Patterns like the Megaphone can give you some PHENOMENAL setups as we saw today. These areas become HUGE support and resistance but when you have clues of big movement like we had today, you can catch some massive profit runs as well!
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