How to make money day trading Crude oil. Crude oil has been falling in price since the beginning of August. Price makes new lows almost every day. Now only a flat level of support keeps oil prices from falling further. But if you look at the crude oil chart, you will see that this level is not strong enough to hold the onslaught of the bears. Therefore, we chose a breakout trading strategy and opened a short position at 87.00. Crude oil traders can make 100 pips and take profits at the new support level.
Order Type: Pending Order - Sell Stop
Entry Price at 87.00
Take Profit at 86.00
Pips Earning: 100
The most liquid currency pairs:
EURUSD buy at the price of 1.0250
USDJPY sell at the price of 134.30
GBPUSD buy at the price of 1.2110
USDCHF sell at the price of 0.9480
Result of a trading recommendation.
Crude Oil day trading signals
The profit can be $100.00 if the trading volume of 1 Futures.