22-08-2014
22-08-2014
Gap down around 50 points today . Price make Cigarate pattern ,
and drop down ,immediatly its hit and run trade cant capture.
Price stall there and not ready to go down . looking for long
trade. miss intial move.
Trade1:- BPB OF MSP
BUY 5691 WITH SL 5685
Expect tgt RN (Which is First FTA )
Price respect RN , took Pullback and move
Scratch @ 5698
NET=7 Point
sKIP the BOF of BRN & IRL trade cause its quick and i am at long
side just scratch my long and think about it ,then just skipp.
Price reach PDL Touch it and bounced , looking for Long
Price TOUCH & GO again , break Minor pivot high BIAS positive and
think about long ,then again skip
Now BIAS Neutral
Trade2:- BO Of PDL
SHORT 5660 WITH SL 5665 (Which is BO candle high)
SL hit exit @5665
NET= -5 point LOSS
TOTAL= 2 Point Profit
22-08-2014
Gap down around 50 points today . Price make Cigarate pattern ,
and drop down ,immediatly its hit and run trade cant capture.
Price stall there and not ready to go down . looking for long
trade. miss intial move.
Trade1:- BPB OF MSP
BUY 5691 WITH SL 5685
Expect tgt RN (Which is First FTA )
Price respect RN , took Pullback and move
Scratch @ 5698
NET=7 Point
sKIP the BOF of BRN & IRL trade cause its quick and i am at long
side just scratch my long and think about it ,then just skipp.
Price reach PDL Touch it and bounced , looking for Long
Price TOUCH & GO again , break Minor pivot high BIAS positive and
think about long ,then again skip
Now BIAS Neutral
Trade2:- BO Of PDL
SHORT 5660 WITH SL 5665 (Which is BO candle high)
SL hit exit @5665
NET= -5 point LOSS
TOTAL= 2 Point Profit
Y'day Open @ 5741....you are referring to evening session???
ReplyDeletei cant understand your question , please explain it more
ReplyDeletehallo,
ReplyDeleteDate Symbol Contract/Expiry Month Open(Rs) High(Rs) Low(Rs) Close(Rs) PCP (Rs)
08/21/2014 CRUDEOIL 19SEP2014 5690.00 5753.00 5662.00 5745.00 5699.00
08/22/2014 CRUDEOIL 19SEP2014 5741.00 5741.00 5652.00 5679.00 5745.00
21 Aug close was 5745 and 22 Aug open 5741..you mentioned gap down 50 points.....
I am wrong??
Thanks.
@ Athshree , You are right at your point , after ur question i check data with mcx website. its right value u mention . BUT
ReplyDelete5741 value is only printed by frick , there is not trade more than few seconds and its ignored by software and me also , its tricky , not use for our trading , then just ignore it
and sorry there is 40 point gap-down , in future i will right exact value .
still in doubt ask me ,:)
Thank you .