Friday, July 25, 2014

25-07-2014 CRUDE OIL

25-07-2014



25072014

Crude Open Slightly gap down , after that rangbound movement , no major moves there ..expect either side breakouts ,MAJOR TREND is downside thats why BIAS is NEGATIVE.

Trade1:- BPB of PDL

SHORT 6145 With SL 6152 (AFTER enter in trade price reverse till 6151 but hold for SL trigger and price move like MAD )

Moved SL 6130

ADD Short position 6121 With SL  6130

( Whenever you ADD Position ..exit it early which is that position gave you , if you hold ADD position till hit SL , then it will EAT your main position profit also )

Moved SL 6128 (Which is LH /Swing High)

Moved SL 6102

Trail SL hit . exit at 6102

NET= 43 + 19 (ADD position) =68 points

Note= Friday good movement day .

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