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Tuesday, June 2, 2015

2/6/2015, TUESDAY CRUDE OIL BOOK TRADING.




1)Shorted at Range Boundary. Got 12 points

Could not catch the subsequent moves. Just too fast for me to plan an entry.

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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4 comments:

  1. UnknownJune 2, 2015 at 8:39 PM

    Hi Karthikeyan,
    At the point 1, It has broken the uptrend violation pivot. You cannot count that as an intermediate pivot of sideways range.

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    Replies
    1. nifty for breadJune 2, 2015 at 9:41 PM

      Thanks Jagadeesh. I should mark the highest high and trend violation pivot. Then only it will be easy for me to confirm that all the 4 pivots are between both highest high and trend violation pivot.

      Delete
    2. UnknownJune 2, 2015 at 9:48 PM

      Yeah.. That's better... I used to do the same.

      Delete
    3. nifty for breadJune 2, 2015 at 9:55 PM

      Thanks, Jagadeesh

      Delete

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