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. 🙂

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: