August 2, 2012
- in Uncategorized by schooloftrade
Price wedge strategy; Sell the highs for +100t, Buy the Lows +ticks
This morning was an incredible example of the effectiveness of our trading methods. Our trading methods can be applied to any liquid market, used on any chart timeframe, and today we took some great trades on one of our favorite futures markets, Crude Oil. This morning we knew there would be concerns over volume, while expecting to see serious volatility. With the end of the month, summer time trading, ECB’s Press Conference, and Non Farm Payroll news on Friday this was destined to be a very volatile day, with periods of slop and chop considering it’s the summertime. We got the trading plan started at 730am EST and had another incredible day of trading live with our members.
