Crude Oil and Natural Gas did not move up last week, but instead the LOW SULPHUR GASOIL (
GASOIL
(10 contracts moved up 1000$) or
HO1!
is now up 10.000$ per contract last week.
If you are not invested yet, backtests show that entering on breaks above 4 hour bars with trailing the stop below the last two 4 hour bars was profitable.
You never know when the rally is over, 22th of august was a low last year that gave me the hint to not exit at the double top.
Beginning of september backtests show all commodities get sold, so lets see what happens next week...
GASOIL
(10 contracts moved up 1000$) or
HO1!
is now up 10.000$ per contract last week.
If you are not invested yet, backtests show that entering on breaks above 4 hour bars with trailing the stop below the last two 4 hour bars was profitable.
You never know when the rally is over, 22th of august was a low last year that gave me the hint to not exit at the double top.
Beginning of september backtests show all commodities get sold, so lets see what happens next week...