Friday, July 18, 2014

18- 07 - 2014

Trade1: (9:41 candle)
Long at 7605, as BOF of BRN.. with initial SL 7697
Moved SL to 7604, below pull back low
Moved SL to 7611, below next pull back low
Moved SL to 7622, below low of PDL BO candle
Moved SL to 7625, below next pull back low
Moved SL to 7644, below low of RN BO candle
Moved SL to 7648, below RN.. as NF not sustaining above PDH
Trail SL hit; exited trade with gain of 41 points

Trade2: (13:05 candle)
Long at 7641, as TST of PDL.. with initial SL 7634
Moved SL to 7646, as NF not sustaining above RN
Moved SL to 7667, below PDH BO candle
Trail SL hit; exited trade with gain of 24 points

Points earned : +65

7 comments:

  1. Congrats RM
    Is there any development on the twitter messaging ,if so kindly please let know how to access it since chatroll always full

    ReplyDelete
    Replies
    1. Hi Joe,

      i removed twitter messaging.. added live market commentary section.. hopefully i do start using that actively in next week

      Delete
  2. RM ,Can you please can you let me know how you second entry was treated as a TST since
    PDL is 7628.20 and your entry at 7641 can TST be considered over 10 Points

    ReplyDelete
    Replies
    1. Joe,

      I considered 7635 as PDL.. as it matches with DO & close to lowest red candle yesterday.. also it was low made yesterday, before sharp rise.

      Delete
  3. Rose Mary,
    Any reason for not booking book profit at 7670 and 7680 in first and second trade respectively.
    With kind regards,

    ReplyDelete
    Replies
    1. 2nd Trade : I expected uptrend resume at PDH, also trade is in good profit already.. so took chance by placing SL below RN
      3rd Trade: I hide my SL behind DP's.. BO candle low/high's.. flip's.. nearest level i got is below PDH BO candle

      Delete
    2. Rose,
      Thanks for your replies and for posting your trades with your progression of SL.
      Have a GREAT week end,
      With kind regards,

      Delete