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All right, good day traders. Today we’re taking a look at crude oil. And what I want to show you is one of my layouts. This is a three timeframe layout, as you can clearly see here, hourly chart on the left 10 minute chart on the top right in two minute chart on the bottom right. And really, what I want to show you here is a trade setup that you can trade literally every single day that appears on all markets and all timeframes. And the point that I make is that we don’t have to get caught up in some of the larger term trends. So a lot of times, if we see a long term trending market, whether that’s to the upside or to the downside, sometimes it can keep us on the sidelines. And really, the market that I’m referring to here is that of crude oil. So this is a market as you can see, that is that is quite scary. It is vertical here, crude oil, obviously, as we know trading up another five and a half dollars today at 125. This is a market that we typically want to stay at. Typically we want to shy away from unless we got some significant retracements or pull backs where we could buy longer term into the trend. So this is not a market that have necessarily looked to be buying right now. And it’s certainly not a market that I’d be looking to sell. But if we come down to the smaller timeframes, as we’re looking at here, the hourly 10 minute in two minutes, you’re going to notice something that appears over and over again, you’re going to see these 123 top and 123 Bottom patterns. Notice that these moves here, a nice moves down from 98 to 96. Here we have another move here from 122, down to 115. And then if we get down into the even smaller timeframes, we’ll see these trade setups over and over again, this is again just the 10 minute chart, if we go back, we can see moves here from 125, down to 120 to half and then down to 116. But come out further, we can see smaller setups here from 120 to half down to 121 40. Here we see moves from 126, down to 120 to half and we can even see these on the two minute time frame, you can see these little sell trades here little sell trades, by trades here from 123 60 to 127 30. These are not small moves, these are like 234 $1,000 moves. Now, they’re not always going to be that large. This is because the volatility that we’re in right now. But you can literally flip to any market and see these one two threes pop up over and over again. If you want more trades on the shorter timeframe, or if you want less trades on the higher timeframes, they happen over and over again. Now I’m going to be teaching this exact same setup and strategy in tonight’s workshop Tuesday, March 8 at 7pm Eastern my three point price action formula to spot market reversals. It’s a very, very simple concept. It’s one of my bread and butter go to setups to trade, all markets and all timeframes. I’m gonna go ahead and link you to this page. I got to just click the orange button to register and I look forward to seeing you there.
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