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
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Hold ON - NOT to trade yet. Still its bullish.
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308-310 will be a resistance zone, awaiting if it closes above or if it fails to close above for a short entry
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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
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I am still not on trade
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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.. :)
Trade ativo
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Shorted 1 lot @ 308.4 SL later ll update
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SL: 311
TGT: 305 // 302-303
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Strict SL of 311.05
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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
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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.
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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).