Tuesday, July 14, 2015

Price Action Range Trading Crude Oil Futures; SchoolOfTrade.com

Buying the retest of the spike earlier off range highs allowed us to pick up a HUGE 141 ticks this morning!

In today's video we see Crude Oil coming back to the scene of the crime and retesting the last spiking area off the range that it formed.

This gave us an opportunity to buy the failure of the sellers there and push prices all the way back up for a VERY nice move and $1,410 in our pockets!

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Price Action Trading is a VERY delicate thing and it is really a matter of picking up on the clues that the market gives you through the day. We save a few examples of that today which allowed us to stay in the trade with confidence and let it continue up to our targets above!

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