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, July 14, 2011

Trade Update

Trade details of 13th July:


Crude oil - Long from 4265 was in hand. After inventories data and US fed chief speech, oil had a good run-up. It made high of 4412 and closed at 4380. Holding long with SAR at 4215.

Copper - Long from 434.25 was in hand. It made high of 438.70 but later slid to 431.25 and closed at 433.Holding long now with SAR at 428.75
Posted by at 11:15 AM
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