Posts Tagged scalping oil

Another Short Term Scalp – Crude Oil

Another Short Term Scalp - Crude Oil

    Obviously not content with my paltry 6 pips from my EURUSD scalp, I thought I'd try my luck with a more volatile beast, the Crude Oil futures. The trade was a very simple on and off support at 9865. You can't see it from the 5 minute chart but the support line was actually last weeks highest point. I expected a bounce from here so took the long trade and got out with 39 points. The market soon collapse after this and if I had taken a short, I would have been laughing.. as

November 28, 2011 No Comments Full Story