18-08-2014

18-08-2014

18-08-2014

Crude oil GAP-UP Open 50 point . Price not move morning high , slowely price drift down , Intial range low will fail to cross , then BIAS is totallybearish
After two attempt to cross this level , BUT fail , Skip TEST /FTC trade cause of no pullback there. Wait for Days low break sucessfully and pullback also Then ENTER

Trade1:- BPB Of Days low
Short 5850 With SL 5857
Exit 5840

NET= 10 Point
(Mistake :- Exit is wrong price will not cross swing pivot , i exit before it )

Trade2:- BPB OF MSP

BUY 5845 With SL 5839

Scratch it 5840

NET= -5 Point LOSS

Lession :- Dont Jump Low probability Trade . KEEP in mind .

Trade 3:- BOF Of MSP

Short 5836 wITH SL 5844
exit 5826 ( PDL &PDC there )
Net= 10 Point

Total=15 point profit