10-09-2014
WEDNESDAY- Inventory Day
10-09-2014
Price is not sustain above PDC , DRIFTS Down but could not capture intiaL move . Late entry.
Trade1:- BPB Of MSP
sHORT 5665 WITH SL 5670
Scratch trade @ 5663
NET= 2 point profit
( MISTAKE :- I want to allow frist pullback but didnt in this trade and miss downmove after pullback . Scare to take trade at days low TEST and BPB of MSP , and miss both these trades, with good movement. )
Trade 2:- BPB below dAYS LOW
sHORT 5635 With SL 5645
Scratch 5640
NET= -5 point Loss
Today is INVENTORY DAY , i am away from market on inventory movement , come back after stable market .
Trade3:- BPB of MSP
SHORT 5590 With SL 5600
SL hit @5600
NET= -10 point loss
TOTAL = -13 Point LOSS
Today around 100 Points movement completly downside . If i am on right side and holdmy position then i catch it .
MISTAKE :- In frist trade i want to allow frist pullback , i didnt it .
2ND Trade price was not accepted there it just a freak ..and i enter in the trade .
Trend is down and my all three trade are short sell and all of them are in loss cause of location to enter and patiance to hold are IMP , want to more focus on it .
Three trade and all are in loss , then stop trading for the day .
WEDNESDAY- Inventory Day
10-09-2014
Price is not sustain above PDC , DRIFTS Down but could not capture intiaL move . Late entry.
Trade1:- BPB Of MSP
sHORT 5665 WITH SL 5670
Scratch trade @ 5663
NET= 2 point profit
( MISTAKE :- I want to allow frist pullback but didnt in this trade and miss downmove after pullback . Scare to take trade at days low TEST and BPB of MSP , and miss both these trades, with good movement. )
Trade 2:- BPB below dAYS LOW
sHORT 5635 With SL 5645
Scratch 5640
NET= -5 point Loss
Today is INVENTORY DAY , i am away from market on inventory movement , come back after stable market .
Trade3:- BPB of MSP
SHORT 5590 With SL 5600
SL hit @5600
NET= -10 point loss
TOTAL = -13 Point LOSS
Today around 100 Points movement completly downside . If i am on right side and holdmy position then i catch it .
MISTAKE :- In frist trade i want to allow frist pullback , i didnt it .
2ND Trade price was not accepted there it just a freak ..and i enter in the trade .
Trend is down and my all three trade are short sell and all of them are in loss cause of location to enter and patiance to hold are IMP , want to more focus on it .
Three trade and all are in loss , then stop trading for the day .
Thank you Vishal for considering my request. I am a Novice and interested in learning crude oil trading..
ReplyDeleteBy the way what time Crude inventory on Wednesday?
Thank you,
Kiran.
crude miss with all DP's like RN BRN etc....? need any adjustments in DP method compare to nifty?
ReplyDeleteim watching ur trades daily i think we get more points movement in crude than nifty?
@ Kiran M
ReplyDeleteCrude oil inventory @ 8 PM .
@ Chandra mouli
Mostly BRN respected by crude oil and i also consider it , till yet not and adjustment by me .
YES , crude oil have wild movement , still i am learning phase , not sure more point will get or not
Thank you
@ Kiran M
ReplyDeletei am trying to capture whole chart with time but ,will miss some chart in paint , dont aware about it , if have you idea about it please tell me , today also miss time axis in chart .
trying to catch but fail .. sorry for that
if you have idea , please tell me
thank you
I am also not familiar with Paint Vishal. It's ok if you can post your trades with entry time, i will check the same in my chart.
ReplyDeleteThank you,
Kiran.