Trade4God
Short

On 15 minute Chart USOIL forming Engulfing candle

FX:USOIL   CFDs on Crude Oil (WTI)
With the Engulfing candle forming and the Stochs and Moneyflow heading down, looks like a shorting situation.
Trade closed: stop reached: Did what I expected it to do. Entered at $57.44 and as it was falling adjusted my SL to $57.04 after it went below $56.95 and it reversed and executed the stop. Still a nice little profit.
wow bro you trade on 15mins?
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Trade4God Amberdove
@Amberdove, yep, that is where the small money is made. I know most people are swing traders, but I ran the numbers and I am comfortable trading the quicker times. I think of it like baseball. I am just trying to get a base hit, not hit a homerun. So if I make a $0.20 gain a day on ten contracts, I am happy. That adds up over the course of a year.
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