Live Crude Oil Trade – Using Price Action to Manage Trades

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Live Crude Oil Trade – Using Price Action to Manage Trades

In this video I just go through the process of a live crude oil trade. I start out explaining exactly how I find a quality entry. Then wait patiently for the market to trade back and get my order filled. Once filled I immediately start watching price action to determine if there is more buying or selling pressure and if I should keep the position on or take it off. In this case we were getting price to slowly grind higher so we kept the order on and was actually able to lock in profits and pick up on some price action that allowed us to learn from the trade.

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Marcus Bergmann says:

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Ox The Brazilian says:

Hey I was wondering how to got that cloud between your two moving averages. I tried to build my own like that a few days ago and didnt have any luck so I gave up on it. But I checked out your video and noticed you had it on your chart and was wondering if you were willing to tell me how you built it. Thanks

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