ascending triangle

Crude Oil Day Trading on Halloween 2017

October 31st, 2017: Tuesday

Pretty tight trading today in the crude oil futures market. I feel fortunate to get a win in a tough environment to trade. Hopefully, volatility will pick up at some point once again.

 

The Three Keys of Trading:

  1. Volume
  2. Volatility
  3. Velocity

These are the things I look for the most in my day trading in the crude oil futures market. It can be difficult doing your best to get positioned.

Could I have found a better trading position today? Certainly, it has been a tough FTP for me at TopStep Trader.

One day at a time …

Crude OIl Futures Day Trading Charts:

Ascending Triangle: Edwards and Magee in Technical Analysis

ascending triangle

 

Good Trading,

Dave Knight
TradeCraze

P.S. Perhaps, I will add commentary to this trade in a bit … but the Technical Analysis black and white picture is from Edwards and Magee page 103 of the Technical Analysis book.

 

About The Author

David M. Knight

I am a 30 Year Futures and Commodities Trading Veteran. In addition, I enjoy games of skill and chance like: poker, craps, blackjack and roulette. During my professional career, I have developed and implemented successful trading strategies and methods; along with winning systems in games of skill and chance. Join with me on our mutual journey together.