20-08-2014

20-08-2014

Wednesday :- CRUDE OIL Inventory

20-08-2014

Wednesday :- CRUDE OIL Inventory 

In morning session BOF of PDL ,gave good movementum . 

FTC of MSP upto IRH ,another BPB of IRH make new high ,after that 

Price make BARBED WIRE around RN 

There is BREAKOUT above Days high and FAILLLL

Trade1:- FTC OF Days high 

Short 5705 With SL 5714 

Scratch @ 5694 

NET= 11 Point 

there is quick trade of BOF 

Trade2:- BOF Of IRH

BUY 5698 With SL 5690 

Scratch @5700 

NET=2 Point 

Trade3:- BPB OF Range low 

sHORT 5695 With SL 5702 

Exit 5681 

Net= 14 pOINT 

Lession :- This trade exit is only high of range , want to wait for second ....

(There is no perfect exit ) 

TOTAL= 27 POINTS