Thursday, March 12, 2015

Price Action Trading Consolidation On Crude Oil Futures;

Selling the breakout of consolidation off the highs back lower allowed us to bank a beautiful 104 ticks this morning!

In today's video we see Crude Oil breaking out of the highs as well as retesting a channel low level.

This gave us an opportunity to sell the failure there and put away a cool $1,040 on the trade!

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Channels and consolidation are by far my favorite when it comes to trading Price Action and these ranges can get you into some gorgeous setups just playing the ranges back and forth to put away some SERIOUS profits!

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