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.

Tuesday, July 19, 2011

Trade Update

Trade details of 18th July:

Crude oil:

Covered shorts@4245 as it was taking support there. No position in hand now. Will short it below 4200 or will go long above 4330.

Copper :

Still carrying long with SAR at 432.50

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