DLavrov

WTI Examples of Trades

Short
FX:USOIL   CFDs on Crude Oil (WTI)
I would like to show you new examples of trades based on Simplicity Trading Strategy. Daily chart gives us good opportunity for trading based on 1H time frame. ADX is above 20 and confirms trend market conditions. MACD falls and confirms down movement. Based on 1H chart we can open only short trades. We had range market conditions during several days where we could not trade. But when the market conditions changed into trend, we got 4 entry levels. The results are following: 2 trades were closed by take-profit orders, 1 trade still open and gives profit and 1 trade was closed by stop order. R/R ratio 1:3 allows make good profit in spite of false signals.

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