Thursday, November 6, 2014

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 


2 comments:

  1. Dear Vishal

    C.Oil very volatile to-day (07/11/2014)- Any reason (or) news?

    Regards,

    Veer

    ReplyDelete
  2. Yes very volatile today

    There is data of US Roll farm and others lot of data today release 7 PM after that is was too much volatile today

    thank you

    ReplyDelete