Crude Intraday Trades

umeshmandal

Well-Known Member
#1
Trades posted in this thread copied here :

http://www.traderji.com/energy/93718-crude-intraday-calls.html

2nd May 2014, 01:04 PM
Have gone long at 6008 !
2nd May 2014, 01:37 PM
Outof 2 lots exited 1 at 6024 which in my chart is a resistance !

2nd May 2014, 10:28 PM
The high was not breached but SAR changed slightly to 6021!

Short was triggered at 6021, did a low of 6013 and reversed to long at 6029 which did a high of 6049 ! This got reversed to short at 6023 and did a low of 5986 and reversed to long at 6000 that did a high of 6023 and turned short at 6007 ! Short has done a low of 5990 and reversed to long at 6003 which is open.

My Trades :
2 lots Long 6008 Exit 1@6024 Net 14 points. Exit 2nd at 6021 Net 11 Total 25 points gain in first trade.

2 lots short at 6021 exit 2 lots at 6029= Loss of Net 20 points.

2 lots Long at 6029 , exit 1 lot at 6049 and 2nd lot at 6023 = Gain 10 points Net

2 lots short at 6023, exit 1 lot at 6003 and 2nd lot at 6000 ! Gain 39 points.

2 lots long at 6000 , exit 1 lot at 6020 and 2nd lot at 6007. Gain 23 points.

2 lots short at 6007, wanted to exit at 6087, but did a low of just 6090 so exited at 6003 both lots. Gain of 4 points.

Now 2 lots long at 6004, Long open !

Gain in hand for the day : 25,-20,10,39,23,4 = 81 points Net !

Long at 6003 Open at 22:25 hours ! CMP 6010 !
The strategy is based on 15 min chart with ST and PP as advised by Gautam a member here on TJ !

2nd May 2014, 11:06 PM
Exited 2 longs at CMP of 6009, as nearing close and no movement ! Gain of 6 points.
Nice day with ~85 points gain Net !
5th May 2014 12:53 PM
Long triggered at 6020 ! Does a high of 6028.
5th May 2014 1:26 PM
Exited 1 lot at 6042 ! Net gain of ~20 points !
Still holding 1 lot long .

5th May 2014 2:28 PM
Had touched 6055 by the time I could feed the trade. Exited at 6052 !

5th May 2014 10:22 PM
My first trade of 2 lots gave 50 points Net.

At ~4:30 I went short at 6038, did a low of 6023 and was reversed to long at 6036 thus giving NPNL (No profit no loss) in second trade.

The long at 6036 did a high of 6044 and reversed to short at 6028, giving a Loss of 20 points in 2 lots.

The short at 6028 has done a low of 5972 ! Exited 1 lot at 6002, giving a Net gain of 24 points in 1 lots ! Still holding 1 lot short with TSL at 5987 ! CMP 5978 !

Score : +50, 0, -20, +24, ~ 39 points in open trade ! Day yet to close.
5th May 2014 10:29 PM
Its almost 10:30 , exiting last lost at 5976 !
5th May 2014 10:32 PM
Approx 100 points today !
02May : 80
05May : 100
6th May 2014 11:25 AM
Does a high of 6004/- The tick size in Crude is Re.1/- So Enter long at >6004 i.e. at 6005 !

6th May 2014 1:51 PM
Had bad day till now :

Long 2 lots at 6005, reversed to short at 5997 = Loss 20 points
Short 2 lots at 5997, reversed to long at 6001 = Loss 10 points

Now 2 lots long at 6001 !

First priority to cover the loss !
 

umeshmandal

Well-Known Member
#3
Todays trades :
6th May 2014 1:51 PM
Had bad day till now :

Long 2 lots at 6005, reversed to short at 5997 = Loss 20 points
Short 2 lots at 5997, reversed to long at 6001 = Loss 10 points

Now 2 lots long at 6001 !

First priority to cover the loss !

At 3:15 tried to exit 1 lot at 6015 but mkt went down rapidly and exited 1 lot at 6009 ! A gain of 7 points.
Exited one lot more and reversed to short 2 lots at 6003 ! So NPNL in 2nd Long lot !
Short at 6003 went down upto 5977, exited 1 lot at 5980 and holding 2nd short with 5991 as SL and reverse.
So Score till now :
Loss : -30, Gain 7, Gain: 0, Gain 21 points, Net loss at present : -2 Points.
 

umeshmandal

Well-Known Member
#4
Score B/f : -2 and 1 short in hand at 6003 with SAR at 5991 !

Went long at 5994, as 5991 level jumped ! :(

Gain of 7 points in the short trade and now long in 2 lots at 5994 !

Net gain 5 points net.
 

umeshmandal

Well-Known Member
#5
Indiscipline for sake of safety : Exited 1 lot at 15 points gain. My usual exit of first lot is at ~22 points ! Now in hand 20 points profit! and position long in 1 lot at 5994
 

umeshmandal

Well-Known Member
#9
Score is -10 points !
Exited 1 lot at 6024 and 2nd lot at 6029, tried to exit at 6034 but due to net problem by the time I exited it was 6029 ! Reason for exit was to end the day in profit. Had more than desired ups and downs! No more patience to trade.
This long gave 22+27=49 points ! Net gain today 39 points !
 
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