Thursday, November 30, 2017

Dow and SP


Trump is rocking..............

Dow and SP....................ATH.....

Reversal and fall is in the hands of Kim...

Kim Bhai...Kidhar hei...............................send one missile....


Gold Hit



Gold 1274.19 low formed and our level reached.........and next down slide... 1274.50 close below...




Psychological "Mistake"




Psychological "Mistake.......Lesson Learned....Trade based on external factors and assumption...

Though Put Option was in reversing pattern...."We" did psychological mistake....based on Dow & SP...forming ATH.....and ignored our level completely..

Taken long in 10600 call option December at 59.80....trade against our rule.....but...not with volume...because ....our rule cautioned "No"

We did only 2 lot basis...knowingly....did the mistake....(not costly mistake)...

Loss of Rs.5180.....not a big deal...we can take it out with in a day...

Point and Moral of the Story...

Always, go as per our set of rule....not by external factors...

Let us rock...with our Rule...in the coming days...nothing to worry..

Cheers...and be happy...



Gold


Gold Comex looks weak....

Downside support 1274.20.....CMP 1282...