Tuesday, August 18, 2015

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

Buying the early entry to the larger Flag Pattern setting up gave us a gorgeous runner of 102 ticks on the trade!

In today's video we see Crude Oil forming a Flag back down after a huge push higher from the buyers where price found a bit of a shelf.

This gave us an opportunity to buy the support back up for $1,020 on the trade with only 3 contracts!

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Pattern Trading on Price Action is a great way to get into trades and they are so easy to learn too! Pattern Trading in general is a great way for a newer trader to come into trading with very specific rules on what to look for and execute the trade with confidence!

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