Click on chart for a bigger image of the Crude Oil Market.Here is a beautiful look at the Crude Oil market going short, then reversing and going long again. By taking advantage of both opportunities available today trading a couple of contracts each time, then this would have netted approximately $2,100 before commissions today.
2 Contracts Short
2 Contracts Long
= 4 Contracts Total
Adjust to your own leverage ... but this could have been a $10,000 day in Crude trading 10 contracts today. $2100 Times 5 = $10,500.00
Good Trading,
David "Tiger" Knight
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