Thursday, September 3, 2015
Crude see the move - as expected
Crude - we have posted yesterday.....it has never closed below our level and moved sharply up...
You know why ?
Read the Chart.....
31st August 2015 - big candle - shorts are trapped and converted into long...same traders trapped by long and 1st September 2015..candle narrowed down....wrong traders thrown out of the trade...both side stop loss hit..
Yesterday candle normalised and joined the main trend...
I told wait for 1 day...samething has happened......(go and read all my posts of crude)..
Again nearing to same resistance.....
Almost MCX hit the top.....exit and book profit...
Nothing surprise in Crude price move...it is normal move...only patience and homework..
Enjoy...
Look at Call Premiums
This is one way of making easy money.....
Nifty is up Both call and put trading negative.....Premium Eating....it happens once in a while...
This is opportunity today....make a note of it...and do some analysis...how to read this kind of trades...
This is our knowledge.......knowledge paid money today.....
Nifty Call and Put
Today 10.30 candle will give some message of Nifty...
But, today i prefer...selling CALL and PUT option and going to eat the premium...
Yesterday and Today VIX is suggesting the same..
No point is wasting time going long or short now...eating premium is ideal trade..
If don't know the subject...don't trade...
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