TradeApe

Oil Analysis - Playing the range

FX:USOIL   原油差價合約(WTI)
May's been nothing but ranging so far. Not difficult trading, but also not really exciting...buy around support levels, sell around resistance levels. H1/H4 DMI is really helpful in that regard.

I'm only taking longs as I'm still in some longer term longs from below 55. I'm out of all longs below 57.75. Got really close last week and almost got kicked out of everything. Higher timeframe DMIs are mostly long (still). Eventually this ranging will end and it'll break out.

If you aren't already in a trade, simply play the ranges until that fails at which point you can switch over to your breakout/trend strategy.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。