TheTradingRoom

Scalping $110.00 In USOIL

Short
TVC:USOIL   CFDs on WTI Crude Oil
Sometimes, trade ideas can be simple. A routine sell from just under the big-round-number of $110.00 in USOIL should do the trick.

Here it is:

1) Sell USOIL from $109.89 the first time price approaches this level
2) Initial stop loss at $110.09
3) Profit target of 20 pips (1:1 risk vs reward) @ $109.69

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