Tuesday, August 25, 2015

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

Buying the channel low test this morning on Crude Oil allowed us to pick up a gorgeous 109 ticks back up to the high of day!

In today's video we see Crude Oil catching some big selling pressure back down which got stopped in its tracks right off channel lows.

This gave us an opportunity to buy the move right back up for a great runner back to a new high of day for $1,090 on the trade!

Watch more videos on Day Trading with Price Channels HERE!

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Channel trading is by far my favorite and you can see why! They are so strong it is crazy to pass the setups up and when you have this beautiful of a trade long off channel lows that basically came TWICE, you have no excuse but to make money today!

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