Wednesday, July 4, 2012

Trades 4-7-12

10:00 I am holding one lot bought 5305 from yesterday.  (Could not take position for 2 nd lot due to margin shortfall.  In the morning it traded above 5325 so I could have booked 20 pts. in 2nd lot )

11:30 No movement in price.

11:53 exited @ 5300 as ss reverse cross seen

with  this 6 trades 2 trades sl hit  (actually this trade would have been closed with small profit if traded with 2 lots due to margin short fall I could not take 2 lots)

2:00 ss cross over bought 2 lots @ 5322 with sl 30 pts.  (day low is far away).  Placed target order to book profit in 1 st lot 20 pts. @ 5342.

3:30 holding both lots

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