alleytrader

cl oil day trading June 6th

alleytrader Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
today's trading range of 51.50 to 52.50 is not giving much more info to today's trades other than further down is most likely in a bit bigger picture. above 52.50 will be looking for resistance at 53 area and below 51.50 will be looking to retest yesterday low.

So Today my idea is to be range trading in the range and then look to be holding long from range bottom in the event of a up side break and holding short from the range top in the event of a down side break. In the range its self will be protecting gains at range top and range bottom
Comment:
look at that for setting out boundaries and targets

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