Nifty Futures Intraday Trading Report May 25, 2011

Today, after waiting for a good time, I entered long at 5342. I placed the stop loss approximately 10 points below the entry point. Within sometime, the stop loss got triggered. Was able to escape with minor losses – there is nothing more to be done on such days with high volatility.

The eur/usd pair has been merciful to me today. An initial short of the pair yielded 25 pips in the morning. Then again, I entered long at 1.4038 only to exit at 1.4115. 77 pips as profit in the second trade. 🙂

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