Wednesday, May 7, 2014

Crude Oil Futures Day Trading Strategy; Buying the dip

Crude 240-Minute
Crude Oil attempted to push lower after it broke below the cloud and BMT's and when it took a second attempt at pushing lower it completely failed and bumped up higher. This failure gives us a gorgeous buy area sitting right at 99.76 to look to buy this market higher into the BMT up at 100.84 and possibly higher up to the previous swing at 102.20. Make sure to check this trade out and watch us trade it in the Live Trade Room with the Trial!

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