Another Channel Break In Crude
The Markets Were Very Choppy early in the session. If you were patient, Crude Oil Futures finally broke through the channel for a nice opportunity to the down side.
Confluence Does Not Always Result In A Larger Move
Confluence Does Not Always Result In A Larger Move. We prefer to trade markets that are in confluence with the higher time frames. Sometime Confluence does not end up creating larger moves.
NFLX Bear Flag Swing Trade
Continuation Trades In Crude
Continuation Trades In Crude There was quite a bit of volatility in Crude Oil Futures this morning. Volatility equals expanded price movement range. Expanded price movement equals opportunities.
Waiting On Bearish Momentum In Crude
Waiting On Bearish Momentum In Crude. Early in the session our 240 minute Crude Oil Futures chart was bearish. The problem was that our 30 minute chart was not. We had choppy action until the 30 minute chart went bearish. Then there was a nice drop in crude.
