Friday, July 4, 2014

04072014 CRUDE OIL

04072014

Crude open flat with intial strenth on upside and halt there..2-3 hour consolidation

All Three trades are model trades.
Trade 1:BPB OF RANGE LOW /MSP
Short 6220 with SL 6223 Exit 6216
NET = 4 Point
Trade 2 :- BOF Range low support become resistance
Short 6220 with SL 6223 Exit 6212
NET =8 Point

Trade 3:-TEST OF RANGE LOW S become R
SHORT 6219 WITH SL 6221 EXIT 6210
NET=9 POINT

TRADE 4:-BO Of Range low
BUY 6222 WITH SL6217 EXIT 6225
NET=3 POINT

TOTAL=23POINT PROFIT

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