31-07-2014 CRUDE OIL

31-07-2014

31072014

Crude Oil Open GAP-DOWN 40 point . OUTSIDE DAY . After open price flat no action ..now evening session show some strength . Price slidly show upside movement . looking

for action around PDC.

Price confuse around PDC &PDL ...THEN i prefare to wait for exact confirmation and after that took trade BPB .

Trade 1:- BPB Of PDC/PDL
BUY 6170 With SL 6059
(allow Frist pullback for price after breakout)
exit @ breakeven 6170
NET=0 Points

Trade 2:- BPB Of PDC/PDL
Short 6155 with SL 6165
(Allow frist pullback , pullback upto 6159 my heartbeat fast there..)
exit 6125
NET=30 Points


Total= 30 Point profit

Mistake :- Scratch trade before any reversal .....and after that trade will move same direction around 25 points ..

Today , i complete one month of trading crude oil contract with DP . its really good experience , i will share result here soon.

thank you