Friday, May 16, 2014

Crude Oil Futures Day Trading Strategy; Buying with the new trend

Crude 24JJ Bar
I am watching Crude Oil continue to push higher after it changed gears to the upside.

I am waiting for price to get down to 101.18, 100.94, and 100.85 to buy it right back up from there.

If it falls farther back down again, I will be looking to buy a double bottom at the lows.

I will be targeting the initial high first at 102.65 while also looking for a runner to push higher yet to new highs as far as it will go!

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