CHARTS SPEAKS EVERYTHING. The price has been hovering between level 2300 - 2450. And we have made money by just doing simple range trading using simple SUPPORT & RESISTANCE.
As you can see from the chart, the price has STOPPED dropping & going upward gradually. (LONG)
More and more central banks are cutting rates âž¡ More cash injected to the market âž¡ stock market starts to rebound ! (LONG)
US crude started to rebound from the low , S&P 500 VIX Contract forming higher low âž¡ stock market rebounding SOON ! (LONG)
Our setup : We will enter long when the price is near the trend line. Cut half our position when it closed below trend line. CL level below 2300 level. RR >10 which is VERY GOOD.
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Follow us Rule_no1: "Bulls make money, bears make money, but pigs get slaughtered !"
Happy Trading :)
Dagangan ditutup: hentian tercapai
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