Price Action Wedge Pattern Trading Crude Oil Futures; SchoolOfTrade.com

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Buying the wedge lows on Crude Oil allowed us to bank a beautiful 128 ticks this morning! Check the post out here: http://www.sidewaysmarkets.com/2015/01/price-action-wedge-pattern-trading.html

In today’s video we see a Crude Oil beginning to wedge up a bit after a strong rise higher.

This gave us an opportunity to buy the test of the wedge lows and pull in a HUGE profit of $1,280 on only 2 contracts!

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Wedge Patterns are phenomenal setups when they show up and you absolutely HAVE to take them when they set up this perfectly. Only 2 contracts on the trade and we bank over 100 ticks. That shows you the raw strength of these types of setups!

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THE US GOVERNMENT *REQUIRES* ME TO TELL YOU:
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U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
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