Guys this out of strategy trade.
I punched short sell at 2893. Presently market hovering above 2900. I am still waiting for the trade to be triggered. Will update soon.
crude moved higher past the line. Since RR is not favourable to trade I cancelled the order.
Crude oil volatility based strategy.
Take maximum of two trades per day. If 1st trade wins no more trades. If 2nd trade also fails apart from 1st trade loss, no more trades of that day.
Take closing price of 6 PM hourly candle ie exactly at 6.59 PM closing candle.
Add 20 points to the...
The commodity market has become very volatile and unpredictable in recent past. MCX has removed Crude Mini and increased margin crude mega apart from removing MIS orders. To trade crude, we need hefty margin . This forced me to trade in Silver Mini, Gold Mini.
I will discuss few points...