Monday, January 4, 2016

Price Action Trading Seller Failure On The Crude Oil Futures;

Buying the area of sellers failure allowed us to pick up a gorgeous 76 ticks this morning to usher in 2016!

In today's video we see Crude Oil Futures attempting a sell breakdown which failed miserably into a strong move back up.

This gave us an opportunity to buy the pullback and put away $760 for the first trade of the year!

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Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Using the clues of the markets told us that sellers fell completely apart and on that note we need to be looking to buy along with the buyers!

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