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RockyBalbs
Feb 9, 2015 2:10 PM

CRUDE OIL Long

Crude Oil (WTI)FXCM

Description

Just opened a position here, but couldn't get this idea published quick enough. My thought process here is where the entry point is, there is a resistance line that intersects the trend line which seems reasonably strong at the moment, backed up by additional signals to confirm an entry.

I'm still working on better exits, but I have this one set on the upper trendline.

P.s. this is my rough ideas graph that so sorry for the mess.
Comments
RockyBalbs
Profit taken.

Next thing I'll work on is a more efficient way to publish ideas :)
RockyBalbs
Open was at 52.30
close is set to 53.10
RockyBalbs
Ahh didn't realise I was zoomed in, sorry guys
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