Dear All,
We were of the view that crude has topped out ...........it even given us 150 points from our point of selling ......but came back sharply ........we stopped out cost to cost as does our "paid clients" also ......
That's why stoploss and trailing stoploss are must in trading ........
To have a view on market is ok , but to think market will obey you is fatal sin in trading .
We also not been able to buy crude ....but were watching the price action closely ......below is a view of crude ......we expect more strength in crude ....in 1-3 days . Close below 5900 for 2 days will make trend reversal in crude ....
For probabale upside targets chk chart
Thanks & Regards
Abhay Mehrotra
We were of the view that crude has topped out ...........it even given us 150 points from our point of selling ......but came back sharply ........we stopped out cost to cost as does our "paid clients" also ......
That's why stoploss and trailing stoploss are must in trading ........
To have a view on market is ok , but to think market will obey you is fatal sin in trading .
We also not been able to buy crude ....but were watching the price action closely ......below is a view of crude ......we expect more strength in crude ....in 1-3 days . Close below 5900 for 2 days will make trend reversal in crude ....
For probabale upside targets chk chart
Thanks & Regards
Abhay Mehrotra
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