risk management – Page 2 – Charts101 Trading

Crude Oil – Short Trade, Now Risk Free

A Sell Limit order was filled at 93.46. Price is currently 91.60

Update:

Price did move lower. It reached $401. We decided to exit around $406

Let’s see if the shares can continue lower, towards the $400 level.

Update:

Currently in profit by 140 PIPS. After this breakout (of the Bull Flag type formation) we moved the stop up to lock in about 80 PIPS.

Currently up 90+ PIPS