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.

Thursday, June 23, 2011

Trade Update

Trade details of 22nd June:

Crude oil :

Had a zigzag movement due to fed meet.. it had a rapid bounce while closing by showing the last tick at 4300 but average close was at 4283. Carried the longs.

Copper :

Nerve breaking day with two longs which is more than my usual position. Traded in a quite narrow range i.e, 401-405. But movement between these two prices were very quick. Had carried the longs.
Posted by at 5:38 PM
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