27-08-2014

27-08-2014

27-08-2014

Wednesday :- CRUDE OIL Inventory day . 

There is LOL In between PDC & RN . waiting for anyside movement 

,Inventory over now looking for trade . 

Trade:- Short 5708 wITH SL 5715 

ADD position ( Below PDL Rejected) @ 5682 With SL 5691 

SL Moved to 5679 

Price hit my SL but click my order , 

there is price hegisted to go down , exit @ 5675

NET = 40 Point profit . 

Today complete august month of my trading ,  Tomorrow FnO Expiry, taking long weekend . One another hurdle clear continue two month trading and blogging my trades. 

Thank you . 

26-08-2014

26-08-2014

26-08-2014

Crude Oil rangebound movement since morning. Initial range acted

as support , there is two BOF of IRL , Just skipped cause of not

confident for long .Miss a good move .

Trade1:-BPB OF PDH
BUY 5724 WITH SL 5716
scratch @ 5720

NET= -4 Point loss

Trade 2:- BOF OF PDH

Short 5715 WITH SL 5726
exit at 5685

NET= 30 Point

TOTAL= 26 Point profit

25-08-2014

25-08-2014

25-08-2014

Trend is up from morning , now hit PDH and fail to continue.

Trade 1:-BOF Of PDH

sHORT 5616 WITH SL 5623
ADD position 5694 wITH SL 5700 (Which is pullback high)
ADD position 5685 with SL 5694 (which is swing high )
want to add some another lot below 5679 but didnt cause of allready 3 lots IN

SL moved to 5687

Exit 2 lots @ 5677
NET= 56 points

remain one lot with same SL 5687
Scratch trade 5685 at cost to cost .

TOTAL=56 Points

THERE is nice pullback of PDC entry just skipp it .not convince to took that trade .

Trade 2:- BO OF MSP
Short 5687 With SL 5695
exit @5671

NET= 16 Point

TOTAL=72 Points

Note :- Today is Type 1 day ,TREND DAY . enjoy it .

22-08-2014

22-08-2014

22-08-2014

Gap down around 50 points today . Price make Cigarate pattern ,
and drop down ,immediatly its hit and run trade cant capture.
Price stall there and not ready to go down . looking for long
trade. miss intial move.

Trade1:- BPB OF MSP
BUY 5691 WITH SL 5685
Expect tgt RN (Which is First FTA )
Price respect RN , took Pullback and move
Scratch @ 5698

NET=7 Point

sKIP the BOF of BRN & IRL trade cause its quick and i am at long

side just scratch my long and think about it ,then just skipp.
Price reach PDL Touch it and bounced , looking for Long
Price TOUCH & GO again , break Minor pivot high BIAS positive and

think about long ,then again skip
Now BIAS Neutral

Trade2:- BO Of PDL
SHORT 5660 WITH SL 5665 (Which is BO candle high)
SL hit exit @5665

NET= -5 point LOSS

TOTAL= 2 Point Profit

21-08-2014

21-08-2014

Note:-I was not trading Yesterday , busy with other things , then just upload chart for future reference.

20-08-2014

20-08-2014

Wednesday :- CRUDE OIL Inventory

20-08-2014

Wednesday :- CRUDE OIL Inventory 

In morning session BOF of PDL ,gave good movementum . 

FTC of MSP upto IRH ,another BPB of IRH make new high ,after that 

Price make BARBED WIRE around RN 

There is BREAKOUT above Days high and FAILLLL

Trade1:- FTC OF Days high 

Short 5705 With SL 5714 

Scratch @ 5694 

NET= 11 Point 

there is quick trade of BOF 

Trade2:- BOF Of IRH

BUY 5698 With SL 5690 

Scratch @5700 

NET=2 Point 

Trade3:- BPB OF Range low 

sHORT 5695 With SL 5702 

Exit 5681 

Net= 14 pOINT 

Lession :- This trade exit is only high of range , want to wait for second ....

(There is no perfect exit ) 

TOTAL= 27 POINTS 

19-08-2014

19-08-2014

19-08-2014

Previous day is mix and closing recovery. GAP-UP 20 point . Barbed wire breakout to upside hit PDH .
Again FTC TO PDH think to take trade , again pullback , break swing low ENTER

Trade1:- FTC /TEST OF PDH

Short 5878 With SL 5887

Allow first pullback
Price pullback to Initial range high
MC ,Break initial range low and days low
ADD position @ 5852
Price not respect to PDL , i am ready to cover my position there.

Exit 5816

NET= 62 + 36 (ADD position) =98 Points

Trade2:- BOF Of PDL

Short 5819 With SL 5826
SL hit
NET=-7 Point LOSS

LESSION :- Want to wait for Proper pullback ,before enter into trade ,Dont be Hurry for trade
.PATIANCE ...PATIANCE ...PATIANCE

....
Trade 3:- BPB OF PDL

BUY 5834 With SL 5826
Scratch @ 5830 ( there is another trade FAIL ) TRAP
NET= -4 Point LOSS

Total =87 Point profit