Target 107.64 reached. Good

Review - posting on june 10 - My strategy this week.

When crude was trading around 104.50, I discussed the possible targets crude can reach .

Of these, move from  104.80 to 105.62 and further 106.49 completed. One more target of 107.25 is pending. and now it is extended to 107.64.

placed pending order for 2 lots at 6236, if there is a correction, which I do not expect, but good buying opportunity I cannot miss

Due to INR, target revised to 6357

bought 2 lots at 6262,holding 3 lots june contract target 6380 stoploss 6201

One lot booked profit at 6304. Will buy 2 more lots at 6260, stoploss revised to 6201

On June 9, I had a loss when trend changed which is now covered today on 12 June.

Targets revised, will book one lot at 6304 & hold other two lots for 6380 stoploss revised to 6183

Plan is to double the investment in 5 months on Minor trends and Major trend.

I lost interest in looking at intraday screens and news.

With affordable and realistic stoplosses, trading on minor trends,major trend with good money management techniques, investment can be doubled in 5 months.

If the current plan works out, I will be trying another commodity. 

My Trend - bought 2 lots of July contract 6183 for holding min 144 days

I looked at Macro trend instead of minor tops and bottoms.
I am afford to invest 2 lots in MCX min 5 months view, contracts rollover till my target reaches.
Bought  july contract 2 lots at 6183.
I will maintain stoploss 5892, sure, it will not hit stoploss as I have taken this point from (where the new bull wave started at  99.25$ ) first support level of 100.80. calculated at 100.75 with Low INR 58.50.
Target  expected in 144 trading days

I wish my calc. come true by Nature's Grace.

Review on strategy - No change., maintain my view.