2 Great Trades I Took Recently- is it a coincidence that NZDUSD and Crude Oil moved in the same direction

Last two weeks I experienced some great trades that I shared with you. To check out the original posts, please go to:

NZDUSD Trade Setup May 15

USOIL Trade Setup  May 18

2 Great Trades I Took Recently
2 Great Trades I Took Recently- is it a coincidence that NZDUSD and Crude Oil moved in the same direction

First things, first… The trading setup from May 15 has so far returned 200 pips. As you would probably recall, at a point I cut my initial position. I am still running the rest (25%) of the initial position at the moment. On this trade I must say I broke some of my rules and  obviously the results are not as great. I am still in profit, but sometimes you just need to react faster than you can think.

In my second trading setup, it was a long USOIL idea from the 18th of May. It is up almost 3 dollars (or the equivalent of 300 pips in FOREX terms). Although this trade setup has led2 Great Trades I Took Recently- is it a coincidence that NZDUSD and Crude Oil moved in the same direction to great profits, there is probably much more to add. I am looking at the level of 55.00– another 3 dollars (300 pips) as a potential target. This trade has given great opportunities if you are following my professional trading system. On 2-3 occasions you could have “scaled-up” and increased your returns.

Currently, I am still in this trade I was looking for on the DAX (I do apologise to all of my non-Twitter followers). I did talk about this possible formation on my Twitter page.

If you do have Twitter, you might want to follow me there, too because due to time limitations I do not always have the time to share all my thoughts in a long article. My blog is still my main source, but Twitter could be a nice little extra for the more keen amongst you.

Happy Trading,

Colibri Trader

p.s.

Have you check my recent article on EURUSD

Or an article in which I explain what 3 methods have helped me stay profitable- I talk a lot about Timeframes, Day trading and Price Action

 

 

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