November 14, 2012

Sideways Ranges on Crude Oil, Price Channel on E-Mini Russell helps earn BIG PROFIT

 

Crude Oil Sideways Range Trading
Crude Oil began with a very easy-to-see sideways-trading-range
which was also inside the range from Tuesday and within a very narrow price-wedge.  This was a PERFECT example of a range-bound
market this morning on Crude Oil futures and we knew it immediately.  Every morning we perform a very detailed morning
prep, and this morning we drafted a plan that involved buying the lows and
selling the highs of this specific trading range.  Sure enough, moments after the markets opened
Crude Oil tested the highs of the range, and we were waiting to sell it short. 

This morning we got back to making BIG PROFITS in our live trade room with 2 of our favorite futures markets, Mini-Russell and Crude Oil Futures.
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Read the Complete Trade Room Recap HERE

    schooloftrade

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