Tuesday, September 8, 2015

Crude Oil Futures Day Trading Strategy Review - Buying the channel low 2L

Crude 1000V
Crude Oil fired off the AM with a big shot higher to near 46.00 with a big bull channel working with price.

We had a pullback to channel lows ahead of objective for a 2L to ride the move back up again.

This gave us a move for 10, 25, and 21 ticks on the last portion with the lack of follow through.

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