Thursday, June 11, 2015

Buying Crude Oil Futures On Selling Failure;

Buying the selling failure on Crude Oil allowed us to pick up a solid 84 ticks back to the test the highs!

In today's video we see Crude Oil getting a bit too overzealous on the downside and the sellers completely drying up.

This gave us an opportunity to buy the selling failure back up to the highs and put away a quick and easy $840 on the trade with only a 5 tick stop!

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Price Action can be traded in so many different ways and this is definitely one of my favorite things to look for. You see the sellers get a bit too greedy to the down side and completely run out of steam allowing the buyers to easily pick the market up for a quick burst higher!

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