Be one of the first members of my new trading portal, check my new website thefxchannel.com/ , vote and subscribe. Thank you
Trading Criteria: 1.Trades are taken in two units 2.First unit would be closed at first target 3.Stop loss is then moved to break-even 4.Second unit would be closed at second target Notes: 5) If 90 percent of first target is reached without triggering entry I cancel the trade 6) If 90 percent of first target is reached I move stop loss to breakeven. 7) Remember: Losing is a main part of the game ------------------------------------------------------------------------------------------------------------------------------------------------------------ twitter.com/thefxchannel facebook.com/thefxchannel plus.google.com/+Thefxchannel0 My best regards Technician
Comments
QuantitativeExhaustion
⋅
I thought US Dollar coming down from recent uptrend would help Oil.
QuantitativeExhaustion
⋅
Does not want to give up pattern
Technician
⋅
Yes mate, so far no bullish breakout. So I am still in the game
QuantitativeExhaustion
⋅
I'm getting closer to taking a small capital big risk play. USO 16.5 weekly
GumerShafigulin
⋅
Are you waiting for the moment to short oil with a big leverage?
QuantitativeExhaustion
⋅
yes, that's the plan
GumerShafigulin
⋅
You trade US oil fund? Stock, options Or smthg else?
GumerShafigulin
⋅
So far I am. I haven' closed my negative position yet.