Predictindex
Short

Simple Triangle Trade

FX:USOIL   Crude Oil (WTI)
157 3 5
Position Open :Short

Reason:
Technical Trade

SL 47.1
TP 44             .4

Comment: 30 pips gain
Comment: TP 1/3 of my position

SL : 20 pips

Expecting 200 pips from this trade.
Comment: Correction of Above Statement

40 pips gain for now. Taking 1/3 of my position
Trade closed: stop reached: gain 20 pips
reserve to long as report expected to be good based on my analysis.
Trade active
Trade closed: target reached: nicely 30 pips
Trade closed manually: See proof

https://postimg.org/image/3nkeec4o7/
Good view. Suppose you in it. What do you think about timerange for the trade?
Reply
Predictindex FreshOilTrader
Well. I think the price will drop nearly to my target price .
But as EIA report is coming, there is no reason for me to gamble my profit , so I simply setup 20 pips profit gain on my stop loss.
Thus, I either gain 20 pips or 200 pips from this trade.
Reply
Aha! Great approach! I suppose that it is also hight probability to see 43.4-43.5. So wish you good trade and huge profits. Thank you for sharing your setup. Good day to you!
Reply
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