Tuesday, July 22, 2014

WAVE Scalping Crude Oil Futures; SchoolOfTrade.com

Here’s the Trade Set-up for this Crude Oil Reversal … 
I’m watching Crude Oil push new lows all morning… lower-lows and lower-highs tell me this trend is down…

Just before 10:30am I see the first higher-high of the session, and then we see a higher-low follows shortly thereafter… now I’m interested in a price-reversal so I am looking for a pattern to get into a trade LONG.

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.

Crude Oil can be a VERY trendy market at times and today was a perfect example of this. The trick is to stick with the trend until you see the sellers (in this case) take a break where you can bag a quick little counter trend trade for fast profits!

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