Thursday, February 11, 2016

11 - 02 - 2016 (Crude)




  1. Open below PDL
  2. Range 1863-40
  3. BPB short of RL signal came, but SL is 12 points. Ignore this case as not comfortable
  4. Will wait for PA at RH or PDL; which may offer good BOF with trapped traders
  5. Will attempt BOF of RL as risk is only 6 points
  6. Trade 1: Shorted at 1837 wbrokeith initial SL 1844
  7. Moved SL to 1833 as LOD broke
  8. Moved SL to 1827, above PB high after LOD 
  9. Exited with gain of 8 points
  10. BOF of PDL; but no swing point to initiate trade
  11. Missed sharp fall
  12. BOF of LOD signal, but sharp fall expecting range formation
  13. Oops.. retracing swift fall
  14. Done for the day 


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