Oil – inflection points for Jan. 27, 2017

Yesterday’s trades

The price touched Nat’s Keyline several times overnight, and traders using that level as an entry had multiple opportunities to get in.

Once the day session opened the price moved directly to her Sell level at $53.55 for a fast and easy profit of $650 per contract … more if they used trailing stops and allowed the trade to continue until  it began to reverse.

However conservative traders who entered at her sell level were stopped out.

Daily workbook

Download link: (170127-daily-trading-worksheet-oil.pdf, 143KB)