May 12, 2011
- in Uncategorized by schooloftrade
Three Phases Day Trading Crude Oil Inventories on Wednesdays
– 3 personalities on Wednesday Crude Oil
o Wednesdays bring 1030am inventory news
o We have 3 basic phases that CL goes through
§ Before the News: 745-1000
§ During the News: 1000-1035
§ After the News: 1035-1230pm EST
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– When do we use the FAILURE of a pattern?
Global Drawing Objects:
– Make sure you correct your trend lines using your 13range chart (something faster than the chart you drew them the first time)
