Tuesday, August 26, 2014

26-08-2014

26-08-2014



26-08-2014

Crude Oil rangebound movement since morning. Initial range acted

as support , there is two BOF of IRL , Just skipped cause of not

confident for long .Miss a good move .

Trade1:-BPB OF PDH
BUY 5724 WITH SL 5716
scratch @ 5720

NET= -4 Point loss

Trade 2:- BOF OF PDH

Short 5715 WITH SL 5726
exit at 5685

NET= 30 Point

TOTAL= 26 Point profit


6 comments:

  1. Hi Vishal,

    Can you please post your chart with trading time on the chart. It will be helpful for Novice like me

    Thank you,
    Kiran.

    ReplyDelete
  2. hi i will trade only nifty(may be till next 1 or 2 years) , but im planing to add 1 more instrument in future.
    i want to add an instrument now and study its nature of movement wen nifty is not moving(mid session) and
    so anyone suggest one futures instrument which move independent of nifty i.e it should give trade oppurtunities wen nifty in
    1 consolidation. 2 .at mid session hours.
    may be like forex or commodities and may be crude oil or may be other NSE index futures?

    ReplyDelete
  3. hi im planing to paper trade crude oil. can u please tell me the basics like
    which exchange ur trading with?
    lot size,liquidity,volatility,timings?
    how DP method work on crude oil? all advantages and disadvantages ...
    and etc any thing else that u think i need to know before starting it. it will be great help to me

    ReplyDelete
  4. @ Kiran M
    i trade on evening time after 5.30 -6 pm mostly . if possible i will try it from next trading session .

    Thank you

    ReplyDelete
  5. @ Chandra Mouli

    i trade crude oil with mcx.
    1 Lot=100 units ,
    crude oil is most liquid contract on mcx , i think there is no problem for liquidity.
    crude oil price fluctuation depends on NYMEX . its international exchange .
    mcx crude oil trading timing 10 am to 11.30 pm , but i trade only evening session .
    i trade only two month with dp method it work very nice .
    i use Sharekhan Trade tiger software for charting and use 1 min. time frame.
    i hopes you will get .

    Thank you

    ReplyDelete
  6. 1 nifty moves well at morning and at ending time and at mid session movement may be slow, like that at wat times usually crude moves well and moves slow ?
    2 for one lot how much margin requires for mis and nrml ?
    3 how profit calculated?
    4 you trading crude oil futures?

    ReplyDelete