BOF @ PDH in the first few minutes. Paused after breaching PDC.
1) Did not take PDH BPB Long above RN, as the Zone above has acted as a strong Resistance in the recent past.
2) Minor BOF at LOD with strong rejection.Didn't take it as penetration was low.
3)Looked like absorption at PDH. Shorted after 3 attempts to move the price up failed. Scratched. -1.5 points.
Hi SK
ReplyDeleteVery nice blog. Through Google search landed in your blog. Did not know that you started blogging. Liked the way
you express your thoughts.
URD
Daveji,
DeleteReally excited to see your comment.
Most of the accomplished traders will make a quick exit on knowing that they have stumbled upon a newbie's blog. But you took the trouble to read and comment, despite of your busy schedule.
I salute you. Your words have always been a source of inspiration.
Thank you so much for the visit and comment.
S.Karthikeyan
SK
DeleteThanks for the nice words. I am not an expert or accomplished trader. I am "work in progress."
URD
This comment has been removed by the author.
ReplyDeleteDear SK
ReplyDeleteCan you pls share your source of real time data ?
Regards,
Veer
Verrji,
DeleteI use GCI MT4 charts. It is free and excellent. Daveji had written a detailed write up on how to download and instal it in his blog.(charttechnicals.blogspot.in). The only issue here is the price will be less by 4 to 5 points. This can not be a big problem, as we will be using the price of our trading platform for placing orders.
You can also try Bazar trend. But in the free version, there will be a small time delay; further 3 min. charts are not available. Here is the link.
http://www.bazaartrend.com/nsecharts/intraday-free.php?symbol=NIFTY%201
Hope this helps.
Thanks,
S.Karthikeyan
SK
ReplyDeleteThrilled to see your blog too. Very nice that you have started it for expressing your trades.
All the very best SK
TBP
Varunji,
DeleteThank you so much for the comment.
You once replied to my comment that "Trading is all about finding yourself". Trading made me know about myself more than anything/anyone else. If time permits, please write a detailed post on this. We may learn any number of strategies, but for executing them flawlessly on a consistent basis, without getting influenced by emotions, one needs a special mindset. Acquiring this mindset is also equally important, I believe.
We do find a lot of stuff on this topic on the Net. But when someone, who is followed daily, writes something, it becomes more authentic and real for the followers. That is the reason, I request you to write a post on Trading is all about finding yourself".
Best Regards,
S.Karthikeyan