Did not trade today, as volatility was too much due to budget. Was away
from the terminal for most of the time.
Saturday, February 28, 2015
28/02/2015, SATURDAY
Friday, February 27, 2015
27/02/2015,FRIDAY
Meddled with “Datafeed to Amibroker” and messed up. Missed the first few hours of action.
2) Due to the absence of imbalance at BRN, didn’t take any trade there.
3) Wanted to go for a direct BO above PDH after price consolidation (preceded by good momentum) below the DP indicated good order accumulation. Hesitated as I was not sure about PDH on the first day of new series.
4)Went TST Long @ RL. Exited with 10 points, as 8889 was a strong higher TF Resistance.
Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
Thursday, February 26, 2015
26/2/2015,THURSDAY
1) Did not short PDL BPB as 8740 was a strong support in higher TF.
2) Longed @ BRN on PB (touch trade) after the strong BO. Got 13 points. Was a premature exit again. Was not sure where RH (FTA) was located – 8726 or 8740. If the big green and Red candle are considered as overshoot, 8726 qualified as RH. Price moved up more, after filling my exit order.
3) No other trades, as big boys have announced their arrival with too much of volatility, on the expiry day
Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
Wednesday, February 25, 2015
25/2/2015, WEDNESDAY
1) Skipped BPB PDH, as a strong FZ was closely located above.
2) Skipped BOF PDH, as the fluidity was not there.
3) Longed at the next BOF. This time rejection was not strong and quick as opposed to the previous BOF. But good fluidity and large number of trapped traders influenced me to take the WT trade. Could get just 1 point.
4) Skipped PF short, as LOD and BRN were too close. But price moved nicely.
Disclaimer: I am not a Research Analyst, registered with SEBI. I maintain this blog only for my own learning purpose and recording my thoughts on intraday activity of Market. I do not give any kind of trading advice to anyone. My methods will result in severe losses. Hence please do not follow me.
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