scalping oil down to 39.2, enter now
Trade active:
short at 39.9
Comment:
Stop loss is simple really, use $40 mark as a bench mark. Set stop above that, daily and weekly actually signal a big bearish downtrend which you could possibly hold from this entry
Trade closed: stop reached:
Scalp at 1:1 closed stop
Trade active
Comment:
Hourly wick candle, oversold on hourly and 15m good time for short
Comment:
I’m reopening as the hourly trade is higher risk/reward, so even though the 1/1 scalp hit stop loss, this trade will make it back and then some
Comment:
Moving our way down easy money
Trade closed: target reached:
I’m holding for more pips not closing but target hit
Comment:
Trade was closed out for 200 pips roughly