Oil has been beating on me a little these days.
I see another setup worth my 1% risk.
I have highlighted the area of resistance, double top potentially forming?
I can tuck my stop above that $65 level, and get a 2:1 in before that 200EMA.
I am short this level.
2:1 RR 1% Risked
I see another setup worth my 1% risk.
I have highlighted the area of resistance, double top potentially forming?
I can tuck my stop above that $65 level, and get a 2:1 in before that 200EMA.
I am short this level.
2:1 RR 1% Risked
Comment:
Oil immediately going against my trade idea, seems about right;)
Trade closed: stop reached:
and poof... done.
I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
