Monday, May 4, 2015

04 May 2015


04-MAY 2015

Missed the intial downmove and scared to enter mid trend. enter at PDC.

Trade :- BPB OF PDC
short 3751 wITH SL 3763 Scratch @ PDL 3640
net=11 Point

Trade :- 2
BPB OF PDC
Buy 3756 with SL 3750
scratch it 3759

Total=13 Point 

01 May 2015 ,Maharashtra Day

Maharashtra Day / Labour Day


01-MAY 2015

Crude oil open near PDC/ PDH & BRN.

Trade :1
BPB Of BRN ( Below that PDH/PDC)
BUY 3804 With SL 3795
SL HIT
NET=-9 Point Loss

Trade:- 2
BOF BRN /PDC/PDH
Short 3790 wITH SL 3795
Add 3784
scratch @ 3781
total =9 pOINT

Trade 3:- BO from Range Low
Short 3759 with SL 3769
SL hit 3769
NET= -10 Point Loss

Mistake :- Give more room for trade in crude, there is spike of 7-15 points . we want more room to price  for move . If i do that today then get 50 + point in my second trade .

Wednesday, April 29, 2015

29-04-2015

29-04-2015

Crude Oil Inventory day

Trade :-1  BPB OF PDC

Short 3616 with SL 3625
scratch the trade @3622
Net=-6 point

Trade 2:- BO OF BRN
Buy 3701 with SL 3685
EXIT @3724

NET= 23 points 
TOTAL=17 POINT



Tuesday, April 28, 2015

28-04-2015

28-04-2015

6.00 PM

price is confuse where to go ?

PDL & PDC Is around below that BRN , barbed wire here , clearly direction above 3620 or below 3590 .
Wait and watch only for this range . think to take trade on buy side . Miss the trade above 3620 .

* Tuesday

Time-6.30 PM 
U S data ( effective)
 Today i miss major upmove and downmove cause of more confirmation i want ..and miss opportunity

Trade :- BPB OF PDC/PDL

BUY 3611 WITH SL 3600
Scratch trade @3613
NET=2 Point

Trade :- BO Of range
Buy 3624 with SL 3620
SL hit
Net =4 point loss

TOTAL= -2 Point loss


 

Monday, April 27, 2015

27 MAY 2015

Crude Oil  27 may 2015

27-04-2015

Crude Oil down from 3690 price not sustain below days low and immediate below that PDL , looking BOF of days low ,


Trade 1:- BOF Of Days Low (immediate below is PDL )

BUY 3632 With SL 3620

(MIND Confuse around 3650 , what to do ?? take money in pocket or wait )

Exit @ 3648

NET = 16 Points

Crude Oil

Chart Speaks itself

1) EOD Chart

Above eod chart clearly shows  crude oil change its longterm downtrend to uptrend ,it means buy in dips strategy will try its our next step .


2) 30 MIN. Chart


Above chart also shows crude oil is in uptrend clearly , its faces small hurdle around 3700 and took support around 3550 .
we will think about buy at range low ,cause we are in uptrend .

Above are only broadview of crude oil , i trade only intraday and look chart at macro view .

Thank you 

Namste Everybody

Namaste to trading world .

last few month , i am not maintain blog , sorry for inconvenience.

form today onword i try to update my trading journal . consistency is first step of success.
I am not convince my self to start trading full time , fear in mind , will soon take bold decision and exit from jobbing and join full time trading .

Trading in crude oil at evening, Crude oil is highly traded and volatile energy contract all over world .try to trade in this contract is high risk .

consistency is sexy.

Thank you