tntsunrise
Long

USOIL 1H BAT Completed

FX:USOIL   Crude Oil (WTI)
2248 37 32
11 months ago
USOIL             1H BAT
with price action confirmed.
MACD shows Divergence

LONG at 32.46
SL: 31.77
TP1: 34.20
TP2: 36
11 months ago
Trade closed manually: closed half at 33.10 which is the 0.382 Retracement
rest position break even and exited without losing money
11 months ago
Comment: This trade shows a good example that we need to follow the rules:

When reaching 0.382 first target, we need to close half position and BE the rest of the position.
Do not turn a wining trade into a losing trade.

Some of you may thinking this trade was stopped. yes the price did break new low,
however, it rallys to 33.10 before it go down.
entry at 32.50, and close half at 33.10, wining 70 pips.
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BLKS
11 months ago
sir, do you think is a good opportunity to have a long to 58.5?
snapshot

1. hit at major structure in weekly chart
2. potential shark
Reply
tntsunrise TOP BLKS
11 months ago
possible. but the future will rolled every month. so how u manage your position?
Reply
BLKS tntsunrise
11 months ago
i will look for my tp1 at 35.8 for the complete of potential bat. and will try to find the next entry for long after retracement complete
Reply
tntsunrise TOP BLKS
11 months ago
great
Reply
BLKS tntsunrise
11 months ago
Thank you.
Reply
Gee
11 months ago
very Nice work :)
But sorry do you think it will reach 40.00??
Reply
tntsunrise TOP Gee
11 months ago
it doesn't matter. After TP2 i will close 80% position and let the rest run
Reply
I_see_BTC PRO
11 months ago
Nice, thank you for posting.
And some gains here should mean my USDCAD shorts will be a little less frustrating :-)
Reply
mysticbluee
11 months ago
Im sorry but poor ideas..eurcad and this idea very bad.
+1 Reply
tntsunrise TOP mysticbluee
11 months ago
why poor? 0.382 target is hit. it did went up to 33.10
Reply
avanspro
11 months ago
TNT, This is now stopped out, where do you see this going now?
Reply
tntsunrise TOP avanspro
11 months ago
USOIL Pay attention to 29.60-31.00 Zone
Reply
happios
11 months ago
looks like downtrend continues
+1 Reply
tntsunrise TOP happios
11 months ago
true. after rally to the BAT's first Target, it breaks a new low. My rest of trade is stopped at break even
Reply
I_see_BTC PRO
11 months ago
Looks like my oil and USDCAD frustrations will continue a bit longer...lol. Oh well, sensible and consistent risk management means I live to trade another day :-)
Reply
tntsunrise TOP I_see_BTC
11 months ago
true.not it comes to the 1.618 ext ,31.58
Reply
Gee
11 months ago
what hell is happening with Crud oil ??!!!!

where is it heading !!!
Reply
tradingpro PRO Gee
11 months ago
$25.00

+1 Reply
tntsunrise TOP Gee
11 months ago
USOIL Pay attention to 29.60-31.00 Zone
Reply
farrukhmpm
11 months ago
CRUDE OIL, GBPUSD, GBPJPY,USDCAD ..... ALL STOPPED OUT !
Reply
tntsunrise TOP farrukhmpm
11 months ago
Stop loss is some thing we need to do to protect our acct. Imagine if I was not stopped out at 34.10, I will lose another 200 pips. My GBPUSD is not stopped out. SL is 1.4490, Lowest point is 1.4493. GBPJPY i have a nice win from 170.75 to 171.90. and that trade can cover three losing trade already. and my audusd trade short from 0.7330, NZD short at 0.6880, these two winners can cover even 10 Losing trade like this. Stopped Loss is already desgined into the trading plan. and My post here is not for signal, I did not charge any fee, it's purely educational and sharing of my anaylysis. If you win, good for you, you don't need to pay me anything. if you lose, All my trade here is all Risk Limited but Reward at least twice of your risk, and pls follow the 2% risk rule and consistently trade with a plan.
+2 Reply
jackson424 tntsunrise
11 months ago
Don't be mad about the trolls. You are a very good trader with solid plan laid out. No one can guarantee all trades will be winning. But we can manage our trades and plans to the better odds.
Reply
leong801 tntsunrise
11 months ago
you are correct ...stop loss has to be set for every trade...win big loss less
Reply
pyramids_Forex
11 months ago
harmonic doesn't work with opposite trend
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tntsunrise TOP pyramids_Forex
11 months ago
the purpose of harmoni is to catch the turning point.
Reply
pyramids_Forex tntsunrise
11 months ago
Sometimes it just correction patterns and when it complete it self the price continue in the same direction been before
Reply
FXROB
11 months ago
Yea but where is a structure?.....
Reply
HLB-FX
11 months ago
very bad expirance following you. last 6 to 7 charts i follow you and every time i lose my money and hit SL.... so please think about your strategy....
+1 Reply
leong801 HLB-FX
11 months ago
please dun blame people since u has no idea how to trade and no people request you to follow ...this is just an idea for us to study the market trend only. no one here are force you to follow ...
Reply
tntsunrise TOP leong801
11 months ago
thank you for your support! Tradingview is a place that people can share the trade and discuss together, not a signal or copying trade system.
Reply
naxis_ac HLB-FX
11 months ago
we need to manage our risk ourselves
Reply
tntsunrise TOP naxis_ac
11 months ago
yes. make sure that when we lose, we lose 2%. when we win, we win at least 4%.
Reply
tntsunrise TOP HLB-FX
11 months ago
very sorry to hear that. Tradingview is not a signal service platform and no body ask you to follow my trade set up. I can tell you that every trade i post, i trade in real account as well. Like what I said earlier on, My wining trade such as AUDUSD, NZDUSD, and Gold, they can cover 10 losing trade. I am confident with my strategy and I will be consistent to using them.
My advice is : Plan your own trade, get some idea from other people's chart and trade your own plan. No one is responsible for your account except you.
If you just any how follow one of the author blindly without putting your own effort, it will not help you in terms of building your own trading system. Tradingview can be closed, authors can leave, then who else can you follow?
+1 Reply
Fibtree tntsunrise
11 months ago
you have had many very nice trades in the past and since I know a bit bout harmonics myself I can judge that what you do is excellent and the setups are in the rules so its not your fault if one fails!!

Please continue to spot these great trading opportunitys

and I can also only advice to make use of this break even!! many new AND experienced traders just dont do it and rather take a loss because they are more afraid that a trade could stop at 0 and turn to profit then losing money :(
Reply
tntsunrise TOP Fibtree
11 months ago
Thank you , bro. I will be consistent. we need to know that: If a wining trade is by using harmonics, then a losing trade is also by using harmoincs. The trade logic is the same. somebody take profit after trade a harmonic pattern, and say: yaho, the harmonic pattern is the best strategy! and some people lose money and blame harmonics pattern and say: What kind of terrible system it is!
for people that frequently have this kind of thoughts, it just shows that he is not consistent.
This is something about psychology:
Doing the analysis, set up your plan and trade them! The result is just an outcome of your trade plan. Either you win with a great reward or you lose with a small sum of your capital.
If I followed my rules of planing a trade and that trade became a losing trade, I will just accept it and move to the next potential wining trade.
Be patient, Be consistent.
Reply
leong801 tntsunrise
11 months ago
Yes...after compared all graph & idea ourselves have to think how many should i gain in this trade and how many % loss ourselves can afford to loss...no body will know you had how mny $$ in yours account..here tradingview are for us to gather more graph & idea for trade not for you juz simply click randomly author to follow the trade ... from here we can grow slowly from senior author like tntsunrise or etc ...out there.
Reply
tntsunrise TOP leong801
11 months ago
you are right, learning how to trade is more important then copy other's trade.
Reply
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