Tuesday, January 13, 2015

Price Action Wedge Breakout Trading Crude Oil Futures; SchoolOfTrade.com



Buying the wedge breakout after the sellers failed allowed us to bank a nice and quick 41 ticks this morning on Crude Oil!

In today's video we see the sellers trying to break down the wedge and falling right apart and back higher.

This gave us an opportunity to buy the breakout of the highs and profit a quick $410 on one contract!



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.


Wedges are phenomenal setups and when you get a fake-break of one side that runs straight in to the opposing side, it is a VERY high percentage setup as you saw in the video!

 

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