JasonSong

USOIL: the way I trade short-term opportunity in a trend

Long
FX:USOIL   Rohöl CFD's (WTI)
USOIL: the way I trade short-term opportunity in a trend, from which I gained 140pips and another buy order.

1. Didnt update the analysis yesterday, because it takes time for a trend to form and run, as I suggested in the analysis on 4th Feb.:

2.Personally, when I'm sure the trend is forming, there must be some patterns or signals on both the candles and indicators. I will then hold tight the positions, and will seek opportunities to do some short-term / intra-day trades, such as a buy order from 50.00 to 51.40, from which I gained 140pips, AND another buy limit order at 51.11 was triggered last night, this is like the typical way of combining trend opportunity and short-term trades.

3. All in all, no matter how you trade in the market, BELIEVE and RESPECT the trend, and be PATIENT with it.

Please also refer to my former analysis linked below, hit the "like" button if my analysis is helpful in someway for you.
Thanks for your support and good luck trading!
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