When speculators trade, the price will be volatile.
When investors come into play, trade will be one side only .
till yesterday afternoon, I was bullish, i didnt mind volatile session of crude.
When I saw a junk of investors exiting around 103.55 levels, I reversed trade.
I lose some of my profits, as I didnt exit all at 6197.
My subscribers had a loss yesterday, but quick enough to reverse the trade.
sell at 6120-25 and now at 6060, cool 60 points covering the loss of previous trade.
Target is still well below.
Reversal trades and loss happen sometimes, but the point is at the end at the week, we made money or not.
Trade wisely,
Annadurai
When investors come into play, trade will be one side only .
till yesterday afternoon, I was bullish, i didnt mind volatile session of crude.
When I saw a junk of investors exiting around 103.55 levels, I reversed trade.
I lose some of my profits, as I didnt exit all at 6197.
My subscribers had a loss yesterday, but quick enough to reverse the trade.
sell at 6120-25 and now at 6060, cool 60 points covering the loss of previous trade.
Target is still well below.
Reversal trades and loss happen sometimes, but the point is at the end at the week, we made money or not.
Trade wisely,
Annadurai
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