Tuesday, July 1, 2014

CRUDE OIL 01 JULLY 2014



Trade 1

model trade-BOF of intial range high
short 6382 SL-6385
EXIT ON PULLBACK 6381 scratch it .

(EXPECT TGT range low )
net-1 point

Trade 2

actual trade BOF
Buy 6372 with SL 6368
scratch it 6373

(expect it will go to range high ) but it again within

range...

net= 1 point profit

MIstake :-

trade 2 ...is TEST trade ...its not BOF .. Its wrong ...

thats why i miss nextt BEST move of BOF ..AND its Great TRADE

..miss cause of my mistake ..


Trade 3

Price Out of Birberd Wire ...Break down From Range

BPB Short Below 6360 SL- 6367  target Open

Exit 6350

Net = 10 point


Trade 4 :-BPB

BPB SHORT 6336 with SL 6345

Scratch it @ 6340

net -5 point

Total=7 point profit

Lession from today ....There is one side movment and pullback is definaltly come in this situation ...we have capacity to handle it ...i am panic in that and exit on pullback ...thats mistake ...

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