Tuesday, February 2, 2016

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



Selling the Wedge Pattern Resistance gave us a trade back down for 190 ticks this morning for gorgeous bear rejection!

In today's video we see Crude Oil Futures coming back to retest the earlier Wedge Pattern breakdown with strong rejection.

This gave us an opportunity to sell the rejection right back down again for $1,900 on the trade with only 4 contracts!




Watch more videos on Day Trading with Price Channels HERE!


We use a simple trading strategy that can be used on ALL markets! When you learn these simple strategies you will be able to make profits on any market you wish to trade, from Futures to Stocks and everything in between.

Join the Trade Room | Click here for your FREE PASS

Price Action Trading is all about knowing the day type and knowing how to trade it at the right place at the right time. Wedge Patterns are quite common in the markets and when you get such a strong reaction from a breakout as we saw earlier, if they return to that location again it can be a VERY interesting area for another shot at the trade!


Don't forget to join our newsletter on the left side of our blog at www.SidewaysMarkets.com as well. I will send you more simple ways to earn profit just like this to your email inbox!

Also, our FREE TRIAL is an easy way to learn about our trading strategies, so don't forget to register for a week FREE as a member!

Come join us tomorrow in our live trade room as an Advanced Member and you can trade this stuff right along with us!


Join our Free Trial Membership for invitation to our Live Trade Room!

"Feed a man Fish and He eats for a day.
Teach a Man to Fish and He (and his family) will eat for a Lifetime"

===========================================================
Want to see us trade LIVE?  Click here to register for the Free Trial!
Are you a Crude Oil Trader? Click here to trade Crude Oil
Are you a Euro Trader? Click here to trade Euro
Are you an E-Mini Russell Trader? Click here to trade E-Mini Russell
Are you a Gold Trader? Click here to trade Gold
Join the Premier Live trade-room as an Advanced Member

No comments:

Post a Comment

Thank you for your comment! Your comment will be reviewed and posted asap, thank you for your patience.