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SimpleTradingTechniques
Oct 18, 2016 11:19 PM

USOIL - BULLISH Strategy Long

Crude Oil (WTI)FXCM

Description


Go long the USOIL if it trades at 50.82 or higher. If triggered, place your stop at 49.42 and exit the position for a profit at 51.76 or at your own discretion. (Always invest wisely).

In this idea you don’t get the following:

1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for large moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening

Trade active

Trade closed: target reached

94 cents move in the bag after standard exit hit @ 51.76. Now waiting on market deciding price exit.
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