Tuesday, July 22, 2014

22-07-2014 CRUDE OIL

22-07-2014



22072014

Yesterday is expiry of Jully contract .then there is huge differance betn last month and current month . Croude Oil open GAP UP 60 Points . Now there is mix and

volatile movement now ,

Trade :-1 BOF OF IRL

BUY 6231 WITH SL 6225 ,price facing resistance then exit 6240

NET= 9 POINT

Trade 2:-BPB OF IRL
Short 6221 with SL 6230
SL Moved to 6209

A)ADD Position below 6204 with Same SL
B)ADD one more position below 6294 With Same  SL
Scratch both ADD position A) AND B) AT 6200

NET Of ADD position =-2 pOINT loss

exit from trade 6200 .

NET = 19 point

there is BARBED WIRE around PDH

Trade 3:- BO OF Birberd wire /PDH
SHORT 6192 WITH SL 6201 scratch 6196
NET=-4 Point LOSS

Trade 4:- BPB Of barbed wire low
SHORT 6194 WITH SL 6203 Expect tgt previous low . SCRATCH THE trade 6198
NET= -4 Point loss

TOTAL=20 Point
   

Summary :- Scratch trade =3 , SL Hit trade =0
If i hold this trade it will gave me handsome profit but not hold cause of fear OR Cause of vanish my earlier profit . 

No comments:

Post a Comment