LocationPoint – TwentyTrain CL 5Minutes-Chart 4 Aug. 2017

SweetLight Crude Oil: CL 08/17

Friday Evening LocationPoint Trading.

A very clean TwentyTrain based on 15Min CL chart where the target was found in the 4H Chart. We are already out of risk and just let it run.

Quite soon we are going public with LocationPoint-Trading

 

Abb. 1 – CL BreakEven

 

It’s Friday evening, so it makes sense to tighten the Stop. That’s why we switched the strategy to 5Minutes and moved the Stop extremely close to the Market. From now on we are trailing BarByBar.

Abb. 2 – CL - Profit protection

Neither the author nor our company is invested in the securities and underlyings discussed at the time of publishing this analysis. -This trade has already been closed at the time of publication.

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Exchange transactions are associated with significant risks. Those who trade on the financial and commodity markets must familiarize themselves with these risks. Possible analyses, techniques and methods presented here are not an invitation to trade on the financial and commodity markets. They serve only for illustration, further education, and information purposes, and do not constitute investment advice or personal recommendations in any way. They are intended only to facilitate the customer’s investment decision, and do not replace the advice of an investor or specific investment advice. The customer trades completely at his or her own risk