UK Oil ― recent trade in European session ― waiting for the next
ADX-BRIEFING #35
On Power:
“Opportunities to find deeper powers within ourselves come when life seems most challenging.”
― Joseph Campbell
Here is the trade of the day, on my side.
Entry justified because MACD and ADX and the 2 Momentum indicators all give a BUY signal.
Long trade initiated.
Profit target: 40 pips.
I see that it reaches 38 pips.
Then price-flow slows down.
Locking in profit.
38 pips in the bank.
Moving on and waiting for the next one.
Then, here is what happened to Brent afterwards.
A retrace and a bump up, reaching the same price area as where I initiated the short trade earlier this morning.
More details can be found on ADX-BRIEFING.
That is all for today.
Wishing you a great week,
― François Normandeau
Institutional Research Director at ADX-BRIEFING
On Power:
“Opportunities to find deeper powers within ourselves come when life seems most challenging.”
― Joseph Campbell
Here is the trade of the day, on my side.
Entry justified because MACD and ADX and the 2 Momentum indicators all give a BUY signal.
Long trade initiated.
Profit target: 40 pips.
I see that it reaches 38 pips.
Then price-flow slows down.
Locking in profit.
38 pips in the bank.
Moving on and waiting for the next one.
Then, here is what happened to Brent afterwards.
A retrace and a bump up, reaching the same price area as where I initiated the short trade earlier this morning.
More details can be found on ADX-BRIEFING.
That is all for today.
Wishing you a great week,
― François Normandeau
Institutional Research Director at ADX-BRIEFING
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