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Monday, May 11, 2015

BOOK TRADE CRUDE OIL, 11/05/2015




1)Shorted TST PDH/BOF IRH. Got 13 points.

2) Longed IRL BOF. Gave 3 points.

Disclaimer: I am not a Research Analyst, registered with SEBI/MCX or any Exchange. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.

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5 comments:

  1. SuMaMay 12, 2015 at 8:23 AM

    KS, from where do you get the live chart of Crude Oil and other Commodities?

    ReplyDelete
    Replies
    1. nifty for breadMay 12, 2015 at 8:55 AM

      Sunil,

      Bazaar trend.
      http://www.bazaartrend.com/nsecharts/intraday-free.php?symbol=CRUDEOIL1%20MCX

      Delete
    2. SuMaMay 12, 2015 at 9:55 AM

      Thanks..

      Delete
  2. AnonymousMay 12, 2015 at 9:05 AM

    For IR, do you require two tests on each side to mark the range or only two tests on one side and only one test on the other side and play the BO failures on either of them (in the trend direction).
    Thank you

    ReplyDelete
  3. nifty for breadMay 12, 2015 at 11:11 AM

    My procedure is this.

    One of these two conditions must be met to confirm a Range extreme.

    1) The price must reach the other extreme or go very close to it.

    2) The level must hold three attempts.

    ST has written a post on initial range. Please go through it. Here is the link for that.

    http://niftynirvana.blogspot.in/search?q=Initial+Range

    Thanks,
    S.Karthikeyan

    ReplyDelete

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