07-11-2014

07-11-2014

07-11-2014

Open Gap down
Now Above PDC try to break PDH twice and Fail ,

there is no space for trade OR immediate FTA is PDC


*** Friday 7 PM Data ****

(lots of data at a time from US )
ITS volatile time for crude

There is very volatile session today
,

IF YOU ARE IN DOUBGHT STAY OUT .


Thank you

06-11-2014

06-11-2014

06-11-2014

Daily in Trending mode , major trend is down. 

30 Min. chart also in trending MOde , major trend is UP 

Yesterday movement is Upword direction ,close 2.5 % UP 

Key to watch

PDH & 4900 

PDC

Market open 30 point down 

IRL AND Days low 4820

IRH Break on upside 

Price barbed around IRH 

for trade :- PRICE out of range Around PDH or IRL 

No trade IN between 

Want to sell 4820 but not filled order ...miss the rate Price bounce back to IRL , let see what is next 

there is good set-up for scalping 

Short for BRN 

Trade :-1 BPB OF IRL 

Short 4815 with SL 4820

SL hit 4820 

NET= -5 Point LOSS 

 PRICE again bounce back to IRL 

DRIFT down to BRN 

BELOW THAT MSP 

look price  behaviour around it and only after that 

take a trade 

Trade 2:- BPB OF MSP 

Short 4793 WITH SL 4805 

SL triggered 

NET=- 11 Point Loss 

TOTAL=-16 Point Loss

Two SL hit ...NO more trade today 

05-11-2014

05-11-2014

Inventory day

Trade :-BPB OF PDH
Buy 4780 With SL 4770
exit when it reverse from BRN
exit @ 4786

NET=6 point

No other trade cause of Inventory day ...wild movement expected and as it is saw in crude .


Thank you 

04-11-2014

04-11-2014

04-11-2014

Market open GAP Down 350 POINTS Down

i dont think there is any room for more down from here today ....just want to look for buying side

opportunities
let see ...price Barbed wire around 4700...looking for BOF OF BRN
Price break 4700 and bounce back ...slidly ..enter in trade

TRADE 1:- BOF of BRN

Buy 4704 WITH SL 4695
SL moved to 4702
SL triggerd

NET=-2 Point Loss

Mistake :-( Want to give chance of frist pullback for trade )


Price Break IRH ,
Before that it take Pullback for it

Trade2:- BO Of IRH

Buy 4730 With  SL 4720

chance of frist  Pullback for this trade
price face resistance around 4750
drift down ..
again price resist 4750

price break successfully IRH /OPEN also
exit @ 4759

NET= 30

total=28 Point Profit


NOTE= I am facing my health problem last one month thats why ,i am not update blog regularly ,sorry for inconvience

Thanks for your support