NICKEL,GOLD,CRUDE TRADING IN MCX
TRADING STRATAGY FOR A BAD DAY
It was a very volatile day
We sent some tips with very small sl to start, bcoz many trader start trade within first 5 min.
Silver opened@53600 went 53950. We gave buying@ 55900 & gave 2 sl @55800.we told clearly that if it breaks, short sell silver. if u were not clear, then call us. a few trader called us. silver suddenly slipped, it doesn’t give time.
Silver made low53200,gave 600 pt profit from ur double email@example.com told silver is not strong.it was weak positionally.
Some called lead sl hit -400 crude sl hit -800 nickel sl hit-800.we told them to acccept it.
If day is rangebound, then evening remains rocking. don’t be emotional with stop losses. our 4 stop losses will be recovered in single trade.
See what nickel & zinc gave in evening. 1500 profit aginst morning sl-400.
Nickel & gold,crude gave 20pt vs 4pt sl,400pt vs 25pt sl,70pt vs 20pt sl.
Small trader stop working after 3 consecutive stop losses.
You should be prepared for trend reversal, otherwise traders kept selling crude from 4210 to 4300 but did not buy it, why.
We shall give u calls today only after clarity.one who want to trade before that may call us for levels & direction.
MCX TRADING IN TIGHT RANGE