January 29, 2015
- in Uncategorized by schooloftrade
Support and Resistance Trading The Crude Oil Futures; SchoolOfTrade.com
Selling the test of the retest of what once was support turned resistance allowed us to bank a quick 72 ticks!
In today’s video we see Crude Oil falling VERY hard off the highs and crashing through support.
This gave us an opportunity to Sell a retest of support turned resistance and bank a cool $720 down!
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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Support and Resistance is the backbone of the markets and when you learn to read how it works and get to understand the movement around those levels, trading gets VERY profitable very quickly!
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