Tuna's Crude Recordbook

[Tuna]

Deleted .. post from Nifty Thread

 

[Tuna]

TSL Hit @ 3035 Loss of -40 points

 

[Tuna]

One of those days when you earn well on Nifty to spend on crude


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[Tuna]

Hi Folks,
I am back. There are few things for today's evening session:

1) DJ Fut showing continued upsurge
2) USD is up against most currencies
3) Crude tried to bounce back once (closing above 3035 I guess) last week only to fall back to sideway zone
4) Month-end OPEC meet should initiate a relief rally, but this week or next week we need to see as Market will try to discount the outcome with a positive bias

At this point I am not too sure about current trend in short term as on today- shall expect range bound trading. Point # 2 above is a clear negative on Crude in short-term.

If closes above 3035 and sustain above same level - OPEC Rally Confirmed.

 

[Tuna]

Short @ 3050 / SL 3070

 

[Tuna]

SL hit -20 points , done for the day


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[Tuna]

Shall update scores later


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[Tuna]

Had a real bad in crude after a long time. But at times it happens, the toll we trader have to pay in this business. So no regrets. Good Night folks and Happy Drilling!!


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[Tuna]

One last thing , I have initiated Positional Long at Crude at 3055 , shall keep updated on this everyday till it is closed


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[Tuna]

Yesterday had 2 back to back losses, 0 win 0 scratch

Set Counter:

Profitable Trades (> 15) = 19
Losing Trade (> -10) = 7
Scratch ( 10 to - 10) = 13