How Do YOU See This

How Do YOU See This? Day Trading Crude Oil Plus 89 Ticks

Day Trading Crude Oil on December 8th 2017

Crude Oil Futures Day Trading I was able to earn 89 ticks on 3 trades today, with the big winner earning 47 and 44 ticks, respectively.

Crude Oil Futures Day Trading Charts:

Day Trading Commentary: Day Trading Crude Oil December 8th 2017 Plus 89 Ticks

“Life is short, but there is always time for courtesy.” – Ralph Waldo Emerson

I am looking at 5779 at the top with the Gann Magic Number today being at 5781. It is also a number that corresponds with the Fibonacci traders either 1/3 or 2/3rds retracement depending on how you view it.

This is the catalyst that placed me into the short trade setup today.

Will the market participants stop allowing the crude oil market from going up at 5781? This is Gann’s 137.5 degree angle on the up today off his Square of 9 calculations.

Also, coincides with today’s price action at the open outcry of the American markets.

I am starting to think I need to have a better plan on my entries today was a picture perfect setup and trade based on the Gann number holding … well at least temporarily.

Mark 10:27
Jesus looked at them and said, “With man this is impossible, but not with God; all things are possible with God.”

 

Good Trading,

Dave Knight
TradeCraze

P.S. Friday’s Recorded Live Day Trading Video Plus Commentary

 

 

 

 

 

 

 

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TradeCraze
SOHK - School of Hard Knocks at David M. Knight
I am a 25 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.
About The Author

TradeCraze

I am a 25 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.