Gustav.Mejlvang

Buying Crude Oil @46.42

Long
Gustav.Mejlvang Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
4
Going to buy this Crude Oil blind if it can get down to my level today. We have the ATR of the day coming a little bit below as well. The level is an old naked level and coincides with the 61% fib from a daily swing.

Trade closed: stop reached:
I made the mistake of not getting out at the first trouble area with was at 46.70 (1R). That was hit and the trade went immediately to my stop afterwards. In trading, we pay for our mistakes and I certainly did here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.