Thank you for visiting my trading journal update. There are markets open today, so I hope you're all searching for a good one on a different currency pair. We will discuss Crude Oil today. As the dollar spiked against a basket of major rivals, oil prices declined for a second European trade session. Market risk appetite was hurt by such a spike, which pushed commodity and mineral prices up. As global central banks tighten policies, oil prices are also being pressured by fears of a global recession that could affect fuel demand.
My Crude oil Running Trade: Today our active Trade is running in Crude Oil. Who's entry point is 76.98, whose lot size is 0.05. Now, Crude Oil rejects the 77.10 resistance zone. The Crude Oil price is above the one hundred EMA line, and directly the rate will quickly contact the 100 EMA line. I am at my Stop-Loss level beneath the 77.02 support stage. When the Crude Oil charge breaks the 76.95 resistance level area and hits my Stop-Loss, I open a buy Trade to recover my losses. Crude Oil Take-Profit becomes 77.25 above a hundred EMA line. The Trend is now bearish, and sixty-five% of the probabilities are that the fee will hit my Take-Profit zone.
Entry point ---------------------------- 76.98 Closing point -- ----------------------- 77.09 Lot size ---------------------------- 0.5 Profit/loss --- ------------------------ 5.15 Trade Type ----------------------- Buy
Closed EURUSD Trades: Today, we closed our gold trade which was going on buy. The lot size of my EURUSD business is 0.30, the work is close at 0.9636, and I got 0.30 dollars in loss on this Trade.
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