Thursday, July 3, 2014

03 JULLY 2014 CRUDE OIL

03072014


GAP Down open ,intial movement show strength on upperside but it halt at PDL & PDC . It is stiff resistance for today movement on upside . price rejected at PDC

Trade 1 :- BOF Of PDC
Its Model TradE . short Below 6232 with SL 6241 (Expect tgt our next DP (Initial range /DO ). Trade work very well exit on 6215 when price pullback .

NET= 17 POINT

Trade 2 : BPB
SHort 6207 with SL 6212 (expect tgt recent low ) SL move to 6206 .EXIT 6198 .WAIT MORE than hour within trade but not move as expected .

NET=9 POINT
TOTAL=26 POINT PROFIT



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