Oliver2016

USOIL 1H LONG

Long
Oliver2016 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
USOIL 1H LONG
Usoil continues to rise,And it breaks through the important resistance position,
now go back to the prophase support structure,The stop is below the structure.
Buy Limit at 50.51
Stop loss at 50.30
Target price 1 : 50.85
Target price 2 : 51.27
Comment:
A single loss is 2% of the total amount of the account
Trade closed: stop reached:
2 percent of total loss account funds
Comment:
Sum up experience:The stop loss is unreasonable.I didn't think about ATR
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