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
Dear Vishal
ReplyDeleteC.Oil very volatile to-day (07/11/2014)- Any reason (or) news?
Regards,
Veer
Yes very volatile today
ReplyDeleteThere 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