SimpleTradingTechniques

UKOIL - BULLISH Strategy

Long
FX:UKOIL   CFDs on Crude Oil (Brent)

Go long the UKOIL if it trades at 53.78 or higher. If triggered, place your stop at 51.25 and exit the position for a profit at 56.12 or at your own discretion. (Always invest wisely).

In this idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for large moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening
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