Trading US Crude Oil with loss -1R
My trading strategy is very simple, I use Liquidity zones from Daily bars and Fibonacci Retracements only from the yesterday bars. More details for my strategy you can find in the shorts that I make with trades that I take.
What I trade?
UK Brent Oil, US Crude Oil, EUR/JPY, GBP/JPY, USD/JPY, AUD/JPY, CAD/JPY
Oil Strategy:
I use SSL and BSL only from last and this week daily bars.
I use Fibonacci Retracement only from the yesterday daily bar.
Then waiting for:
30m or 1h reversal structure from two bars and BB in OS/OB condition.
30m or 1h DMI trend continuation structure from two bars
Entry from the second bar with SL under/over the bar.
RRR 1:4 for reversal trade and 1:2,5 for trend trade.
Forex Strategy:
I use SSL and BSL only from clean daily bars in trend from SMA 20 and 50.
I use Fibonacci Retracement only from the yesterday daily bar.
Then waiting for:
30m or 1h reversal structure from two bars and BB in OS/OB condition.
30m or 1h DMI trend continuation structure from two bars
Entry from the second bar with SL under/over the bar.
RRR 1:4 for reversal trade and 1:2,5 for trend trade.
My goal is just to share with you how I trade. I don’t want to be a trading guru or a teacher. This video expresses my personal opinion only, so please, do not trade, based on my advices and forecasts!.
Thank you everybody and good luck with your trading journey!
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