Energy Scalper -->Pure Price Action

[spottrader]

............
Same method is not suitable for other scripts.
Now i dont have time to cover all.
Just enjoying my life and trading with MCX 2 scripts. Its enough.
................

Hey raddistone ,

You said in your previous posts that you only trade using price action .. as to my knowledge price action constitutes bar to bar and different ranges for interpretation ...but u said same method not suitable for other scripts so .. are you hiding something in name of price action ..coz PAT is just ONE WHOLE METHOD (my view) ... if not then sorry for mis-understanding ... what other method are you using can you pl. elaborate if possible may be after trades ..??

 

[TRADERSM]

I can handle options ( positional) and stock futures hedging.
Based on stock/Index moment i follow different method.
Same method is not suitable for other scripts.
Now i dont have time to cover all.
Just enjoying my life and trading with MCX 2 scripts. Its enough.

To posting calls im giving my extra efforts. only posting call when i got time and moment sure more than 15 to 30 pts.

if i got chance will start one more threads Like stock options positional and Stock future hedging.

And one more thing: May be u all laugh again. options are not for trading. Use options like short time investment or to hedge futures. But lot of people behind options to make/lost huge money.

(Sorry guys. up to now may be u r following good methods and some rules (traditionally). But here im saying differently. Lot of people not ready to agree what i said above. But im sharing these lessons from my trading exp. If i hurt any one of feeling just sorry. May be u r right or me. Our final target making good money)

Its true Thankyou bro. if you have some time please clear my doubt ........on visiting this link :thumb::thumb::thumb:
http://www.traderji.com/options/102653-how-hedge-futures-options.html

 

[RADDISHSTONE]

Long Crude entered @3101
Lots: 2
Target: 3113-3117

 

[HEM]

Long NG entered @194.6
Lots:2
Target & SL Later.

It should be 192.60 instead of 194.60....

 

[RADDISHSTONE]

Long Crude entered @3101
Lots: 2
Target: 3113-3117

Crude SL@ 3078

 

[RADDISHSTONE]

Long Crude entered @3101
Lots: 2
Target: 3113-3117

Hold crude. Positional with same SL.

 

[RADDISHSTONE]

Long NG entered @194.6
Lots:2
Target & SL Later.

Exit NG @194.50
.10 loss

 

[RADDISHSTONE]

It should be 192.60 instead of 194.60....

hmm. may be my entry wrong. Hope u entered correct and book good profit.
:thumb: :thumb:

 

[RADDISHSTONE]

Todays profit: 3950
Total 8 days profit: 76,275

Sl No	Script	Long/Short	Enter	Exit	Lots	P/L	Comments
1	Crude	Long	3066	3087	2	4200	
2	NG	Long	194.6	194.5	2	-250	
3	Crude	Long	3101	Hold	2		
					Total profit	3950	
							
	*Brokerage&charges 1 point for crude oil.  For NG 0.10point

Hold crude 2 Lots long @3101.

Day 1	:	13900
Day 2	:	13250
Day 3	:	8800
Day 4	:	9200
Day 5	:	17150
Day 6	:	3050
Day 7	:	6975
Day 8	:	3950
		
Total Profit		76275

 

[RADDISHSTONE]

45.12 NYmEX...
mcx expecting open around 3040. not open price. tradable open price.

in big loss of posiitonal crude call.