Short-Term OILU Trade

١٠ يونيو ٢٠١٩

Entry: 17.50 pullback & 19.15 breakout
Stop Loss: 16.90
Exit: ~21.85. ~24.60 if you think USOIL will hit $59

١٠ يونيو ٢٠١٩

تم فتح الصفقة

The low ended up being 17.67. My buy-order was set at 17.55 so just barely missed it. My entry ended up being 17.80.

Lesson learned: Be a smidge more conservative with my limit-entry orders.

١٢ يونيو ٢٠١٩

أغلقت الصفقة: تم الوصول لوقف الخسارة

٨ يوليو ٢٠١٩

ملاحظة

Was off by about a week on this trade. Did it not do exactly as I drew it though?

After it corrected, one should've bought into the double bottom and below 16.6, thats the bargain zone. The goal is to hit the bargain zone during consolidations.