Monday, March 7, 2011

Commodity trade for 7-3-2011

I am completly wrong in Silver this time.

It hits me badly.

Though I cut few of my shorts but still holding some.

Now I am waiting for some proper level to reenter in market.

At present the whole rally is driven by Libiyan Crises.

There is lot of short positions in market in Crude & Silver & Gold,so the big players stretch this rally & after that a big BOOMMMMMMMMMMM on down side.

If any body following me & having losses due to my trade I apologies for it.

I will try to cover it can contact me on mail & that will be absolutly without any charge.

9 comments:

INDITRADER said...

1. Short Silver @ 54600-680 strict sl 54980 T- 54000,53800. I entered @ 54636 1 lot.

INDITRADER said...

2. Short Gold @ 21230- 260 sl- 21305 T - 21150. I enter @ 21240

INDITRADER said...

3. Short CrudeOil@ 4810-25 strict sl- 4860 T- 4750 , 4710. I entered @ 4817

INDITRADER said...

Cover 1 lot gold @ 21167 got 73 points.

INDITRADER said...

Cover Crude @ 4760 got full 57 point

INDITRADER said...

Cover Silver shorts @ 54220 got 418 points.

INDITRADER said...

Todays Profit Gold- 73x100= 7300 . Silver 416 x 30= 12480 Crude 57x 100= 5700. Total Profit = 25000( after Brokrege).

INDITRADER said...

I thank the Almighty for his blessings. Still holding 1 lot Gold short wait for 21040.

MCX Gold Silver said...

GOOD CALLS.BUT WHY ALL CALLS SHORT?