DLavrov

Trend Markets Make Profit

FX:USOIL   CFDs on Crude Oil (WTI)
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11
Simplicity Trading Strategy can make good profit, just the main thing is, you have to trade in trend market conditions. It's very important when higher time frame moves in one direction. Here is the perfect example. On the daily chart price bounced from the support level and made huge up movement. We had good entry levels on 1H chart.
The 1st short trade was opened near the support level when we had down trend. It was not a good idea and this trade was closed by stop order. After that the market reversed and we could open 8 long trades. Total profit for 9 trades is 1141 pips if you use R/R ratio 1:3. Simplicity Trading Strategy can make good profit, but you have to follow trends on daily charts .
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