FX.co ★ Grimm's Trading Journal

I am very surprised to see the success of the current crude oil trade because I have never been able to make a profit for so long. However, it seems that since I am trading in demos, this success is coming to me, but if I start trading in a real account, I may not see such success. Even then, I believe that if I trade in a real account, I will be able to make a consistent profit like now. I hope next week I will get some bonus to trade with which I will start trading in crude oil. Closed position: Yesterday I opened a buy trade in crude oil because the current trend of crude oil is up. Moreover, when I opened the buy trade in crude oil, it made bullish candles. I hoped yesterday that my trade would close very soon. Yesterday my trade closed very early and helped me to make a profit.

Active Trade:

Crude oil: Crude oil is currently going up, and I can see from the H4 chart that it is currently above EMA 34. The stochastic indicator has already entered the overbought zone. The MACD indicator positions above the 0 levels and creates a green bar. Analyzing the charts and indicators, I can see that crude oil will go higher and will not change its direction until it reaches 112.50. I have already opened a buy trade in crude oil. I hope my trade will very soon help me make a profit by touching the take profit level.