Tuesday, August 19, 2014

19-08-2014

19-08-2014


19-08-2014

Previous day is mix and closing recovery. GAP-UP 20 point . Barbed wire breakout to upside hit PDH .
Again FTC TO PDH think to take trade , again pullback , break swing low ENTER

Trade1:- FTC /TEST OF PDH

Short 5878 With SL 5887

Allow first pullback
Price pullback to Initial range high
MC ,Break initial range low and days low
ADD position @ 5852
Price not respect to PDL , i am ready to cover my position there.

Exit 5816

NET= 62 + 36 (ADD position) =98 Points

Trade2:- BOF Of PDL

Short 5819 With SL 5826
SL hit
NET=-7 Point LOSS

LESSION :- Want to wait for Proper pullback ,before enter into trade ,Dont be Hurry for trade
.PATIANCE ...PATIANCE ...PATIANCE

....
Trade 3:- BPB OF PDL

BUY 5834 With SL 5826
Scratch @ 5830 ( there is another trade FAIL ) TRAP
NET= -4 Point LOSS

Total =87 Point profit

2 comments:

  1. Hallo,
    nice trade.
    Strong bearish sentiments in cruide internationally.....hitting 14 months low.....had you waited would have got more.......but still nice trade....

    ReplyDelete
  2. Thanks

    Less Is More ,in trading .

    :)
    Regards

    ReplyDelete