Best trading conditions on forex market. Take a look...
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00.02 – 00.09
Hello, dear traders, my name is Catherine, FreshForex company. Today we'll find how to earn on Brent.
00.11 – 00.20
To get the idea of the price direction in the nearest time, today we will apply the tool of technical analysis and signals of the trend indicator ADX
00.21 – 00.33
We'll open the daily chart of the Brent oil, then will open Trend indicators, choose ADX and apply it to the chart. ADX uses the standard period 14.
00.34 – 00.45
ADX is on the level 37.86 (thirty seven dot eighty six). The negative line is above the positive one. So, we've got the descending trend.
00.46 – 00.55
The 4 hours' candles show the same tendecy. ADX is taking the level 40.24 (forty dot twenty four)
00.56 – 1.05
It is the trend area. ADX is in the trend area when it is above 30. The negative line is also above the positive line here. This is the downtrend.
1.06 – 1.19
So, both charts – daily and 4 hours' charts – show the downtrend. Since “trend is our friend”, we will be trading along the trend.
1.20 – 1.26
First, we need to wait for a certain correction. Right now, we are witnessing the correction. The price has stabilized.
1.27 – 1.34
Today, the Low was not updated. So, in the nearest time the trend will be stronger and we can expect decline of quotations.
1.35 – 1.51
To earn on that, we will select Brent in the “Market Watch” window. Our deposit amounts to $7661.24 (seven thousand six hundred sixty one dollars and twenty four cents). We will choose three lots and press Sell button.
1.52 – 2.07
We have sold Brent at 43.92 (forty three and ninety two)
I am putting the Take Profit order by thirty points below the Open Price - that will be 43.62 (forty three and sixty two) Thus, we can earn $900 (nine hundred) dollars to our trading deposit.

2.07 – 2.12
2.13 – 2.28
Dear traders!
Brent price is falling. Our trade has been closed based on the Take Profit order. That allowed us to earn $900 (nine hundred) dollars to our trading deposit.
I wish you good luck and see you!

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