I honestly don’t know where the markets are heading next. I cannot predict where and when the top and bottom shall take place. But I learnt it hard way, what I should do "stay" or "quit" when price is traveling beyond my reference levels.

Wednesday, May 11, 2011

Copper trade

Copper bought@406.00 on 09th May.

Booked loss and SOLD@399.60 on 11th May 1.00PM

Will add more at 395 and then at 392.

SL 406

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Update : 16th May

Copper is testing patience as it swings both sides. short@399.60 still in hand and it is trading in the range of 398-400 today.
Posted by at 2:13 PM
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