OIL Intraday. Aiming 1:10 RR

11 ott 2021

Risk 1% and aiming for 10% on this trade. No indicators used. Pure price action. Like to keep my chart clean. Simply trading structure, nothing else!!

All trades closed on the same day. Entries are taken on 1 min chart. Stop loss is moved to cost after structure break. Don't chase the trades, wait for the next opportunity.

Also, please view price action on 1 min chart if you're following my entries. It will make sense. Trading view doesn't allow to post entries on charts smaller than 15 minutes.

Mostly trade 12-5pm UK time NY session. Sometimes London Session. Don't like the idea of watching charts the whole day.

11 ott 2021

Trade attivo

Stop loss to breakeven

11 ott 2021

Trade attivo

Anyone whose following the trade should look at the 1 min chart for break of structures to trail the stop loss. Some of you must be thinking why i am buying oil above 80 levels. Well, I follow the structure and its bullish, If it changes to bearish, ill look for selling. Follow the market structure, not the price.

11 ott 2021

Trade attivo

Closed 50% of the trade at 81.95. The rest is left to hit the target.

11 ott 2021

Trade chiuso: stop raggiunto

Closed in 3.5% profit. Happy with that. Not everyday will be a 10% trade