Crude Oil Day Trading, using QM 04-13 E-mini Futures
[caption id="attachment_6282" align="alignleft" width="150"]
Crude oil Chart[/caption]
Crude Oil day trading: Big Picture of Why I was preparing for this trade.
This trade have some risk, both reward can be amazing. If you are like me, and you miss your entry at 98$, there a second chance. I'm looking for
another Bearish Channel. But for this,
sellers need to win this fight at 91$.(consolidation zone #2). If this happen, I'm looking for Weekly chart creating a bearish channel.
Why Sellers have more chance to make it this time?break the lower trend line? Well if you look at
MA50 and
MA200, they are creating a divergence and are very close to each others. and will create a better
Support for Sellers. And if you look on volume,
Buyers volume drop almost by 50%, and can't beat Sellers last Spike of volume few days ago. What you need to look for is
if buyers volume stay in same range, and
if Sellers can keep same commitment as before. [caption id="attachment_6279" align="alignleft" width="150"]
[...] day trading course
day trading DX[/caption] H&S on US$ Quick post about US$. This is a H&S trade. Nothing complicate, watching for sellers get in the market very fast. Go back to the 200MA, in my red Area. Buyers volume still Hight, but they should take a rest. Once we get to the 200MA, let's see if buyers will be back. Will make more updates this week. 
