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
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
Hallo,
ReplyDeletenice trade.
Strong bearish sentiments in cruide internationally.....hitting 14 months low.....had you waited would have got more.......but still nice trade....
Thanks
ReplyDeleteLess Is More ,in trading .
:)
Regards