Thursday, February 19, 2015

Price Action Trading A Channel Sell On Crude Oil Futures; SchoolOfTrade.com



Selling the high of a projected channel allowed us to bank a gorgeous 123 ticks this morning on Crude Oil!

In today's video we see a projected channel high and looking for the sellers to join in the fight at the channel highs.

This gave us an opportunity to sell the test and rejection of the channel for a beautiful $1,230 on only 3 contracts!



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Channels are my life blood when it comes to trading price action and you can see why! They are VERY strong when you find them and they simply cannot be ignored!


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