January 25, 2013

Crude Oil Futures Chart Prep

Crude Oil Anchor Chart Prep 1

Crude Oil Futures
trading inside the range from Thursday, meaning that we are not looking for Wave
Set-Ups and we are looking for set-ups such as the price-wedge and the InsideOut
Set-up.

Crude Oil Anchor Chart Prep 2
Our day
trading plan for Crude Oil this morning is to buy-the-lows at support and sell-the-high
at resistance using the price-wedge and the short-term trading-range.  We are looking for the fake-out-breakout if
price tests the PHOD at 96.68 using our InsideOut Set-up to get short.  If price to new lower-lows we are selling
short using the symmetry for a profit-target around 95.65.

    schooloftrade

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