My Crudeoil Trades.

[varunkochhar]

In the morning shorted below the 2nd bar low with the high as sl. Came out at 6 Points as was concenterating on my BN trades. This short was taken because the OBV had also come below PDC.

 

[arjun.panda]

8pm ist crude oil inventory

 

[varunkochhar]

 

[varunkochhar]

16 Points profit today.Tally 274 in 25 Trades. (These trades were not well planned but profits are profits)

 

[varunkochhar]

Shorted at 3068 with SL of 3081. Charts later.

 

[varunkochhar]

Covered at 3000. Though my targets are near 2900 this time.

 

[varunkochhar]

68 Points added to the tally. Now it is at 342 in 26 trades. Thanks. Done for the day. Charts follows.

 

[varunkochhar]

 

[varunkochhar]

a 100 pointer was there for the asking but i am satified. Greed does not have an end. This type of trading is easy as you really do not have to sit in front of the computer all the time as both entry and stops are known before taking the trade but out of old habits still monitor the trade. (It acts as a double edged sword. If i was not monitoring, i would have got a 100 points if i had stuck to my original targets. Sometimes you just cannot trade looking at the charts constantly.

 

[varunkochhar]

Once it makes a short term bottom near 2900, i beleive it would target 3100 again. Let us see. We will talk of crossing the bridge when we get there and our charts guide us.