Thursday, July 17, 2014

17-07-2014 CRUDE OIL

17-07-2014


17072014

Previous day is mixx day mkt move upside on evening session . Today mkt open Gap up ,intial flat and take BOF of PDH shoot like bullet .BIAS BULLISH ,looking for BUY trade now .


Trade 1:- BPB Of Days High
Buy 6163 With SL 6157 Exit 6176
( i think price is struggling to go up ..its second attempt to cross previous high but fail to do iit ...then simply exit ) WHEN IN DOUBGHT THEN OUT .
NET= 13 Point

Trade 2:- BPB
Short 6172
With SL 6184  (Expect tgt 6156-58  lets see )
scratch  6170

Net=2 POINT

MISTAKE :- I Want to allow Frist Pullback after trade...there is panic whenever price move reverse ..

There is WILD movment today , i prefare to stay away from that

WHERNEVER IN DOUBT ,JUST OUT From mkt . i just follow it ,enjoy roller-coster today .


Total=15 point profit

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