Wednesday, June 3, 2015

3/6/2015,WEDNESDAY CRUDE OIL BOOK TRADE




1)Shorted as the upmove lost momentum after BO. 1 min chart gave a nice DT set up. Got 13 pts.

2) Shorted at the same level again. Got 15 points.

3) Shorted TST of S/R line. Got 3 points.

4) Shorted BOF S/R line Got 16 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.

8 comments:

  1. Replies
    1. Thanks. LWP marking (pink circle) is right? Any mistakes?

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    2. They are perfect Karthikeyan. Keep it up. Areas are more important than entries in intraday timeframes.. Focus more on picking the right areas.. Congrats for your progress again.. :)

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  2. Thank you for the chart. The approach you are following here is not strictly speaking method.correct?

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    Replies
    1. This method is based on Price action only. Thanks.

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  3. Hi Karthikeyan Subramanian

    Your 4 th trade and mine are same . my exit @ 74 @ 67 ....but after that price goes down below ....without me ..:{

    Thanks
    vishal

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  4. Hi Vishal,

    May be, when we start trading with 2 lots, we can book one lot at the first target and let the second run all the way, like Shasank and Jagadeesh are doing. If time permits, please update your blog daily. Would like to see your trades.

    S.Karthikeyan

    ReplyDelete