Description
⋅ Aluminium Long- Awaiting entry (If long entered - will be cancelling the short trade - previous idea published)
Entry around 173.2-173.25
TGT1: 174.5
TGT2: 175.65
SL: 172.75 (0.5 Points)
Comment
⋅ NOTE: Not yet entered neither Long nor short - awaiting a good volumetric close above/ below key zone - mentioned in the previous published idea.
Trade active
⋅ 173.2 Entered
Kept Strict SL 172.75
Comment
⋅ Entered only 1 lot
Comment
⋅ Near TGT1.
I will not be exiting - since only one lot i have done. - I will see the pattern, if going againt then will exit.
Safe traders may exit at CMP - 174.35-174.45 something like that.
Updating SL to 173-173.1
Comment
⋅ If need to hold (more risk more money :)))) - then can keep a safe SL below pivot- atleast will make up the brokerage and tax.. ;).
NOTE: I have for myself kept TGT 2.
Trade closed: target reached
⋅ TGT1 hit
Risk:Reward ration 1:3
NOTE: I have not yet exited. (This is since i cant do any averaging since i have done only with one lot)
Comment
⋅ My own trade was very very near to the updated SL, just pinned 0.1 point from my thought SL (173), and bounced up, and now near 2nd Tgt..:)
Comment
⋅ My own updated SL is 173.95 and TGT 175.6
Trade closed: target reached
⋅ Hope everyone who took this trade made a good profit. :)
Completed my own trade.
Entry price : 173.2, Exit Price: 175.6
Net profit: 12k (Gross after tax and brokerage will be arnd 11.5 to 11.7k)
Have a nice weekend.