Tatachem - Mostly a short opportunity

29 de jul. de 2020

Tatachem - Short below 305.4 ONLY closing basis

Will await a closing / engulfing candle for entry - till then waiting for trade opportunity.

SL: 1.2 Points
TGT: 4+ points - will update if traded

29 de jul. de 2020

Nota

Hold ON - NOT to trade yet. Still its bullish.

29 de jul. de 2020

Nota

308-310 will be a resistance zone, awaiting if it closes above or if it fails to close above for a short entry

29 de jul. de 2020

Nota

308.65-310.35 to be precise with the resistance zones - Am expecting a reversal here.
OR if closing 310.35 then a good upmove. WIll wait

29 de jul. de 2020

Nota

I am still not on trade

29 de jul. de 2020

Nota

Showing resistance now - unable to close above 310.35 (Still the last candle close is 310.30 only).
However its still no bearish signs to enter short - SO WAIT for opportunity.. :)

29 de jul. de 2020

Trade ativo

Shorted 1 lot @ 308.4
SL later ll
update

29 de jul. de 2020

Nota

SL: 311

TGT: 305 // 302-303

29 de jul. de 2020

Nota

Strict SL of 311.05

29 de jul. de 2020

Nota

Closing 310.35 -I will go for LONG and exit short
Might not be able to update as the move may be fast.

As of now still holding my short position for a minimal SL

29 de jul. de 2020

Nota

308.65-310.35 THIS zone is being respected for quite some time.
Close above or below the zone will make the price move heavily to that side.

29 de jul. de 2020

Nota

Reverse trade, exited short @ candle closing above 310.35 and bought 1 lot fut @ 310.5 and exited @ 314.5.. Quick 4 points, making up the loss and ending in profit.. :).

Net ended up with 2 points profit.. thats a good money in fut. Infact in fut when I squared off I got 2.3 points profit (lot size 2000).

29 de jul. de 2020

Trade fechado manualmente

Manually exited @ 2 points net profit