31/12/2014, WEDNESDAY

1) Longed @ BPB PDH. Got 8 points.

Did not take any trade after that, as I felt volume was  less.

Learnt many lessons in 2014 the hard way. Hope that the lessons will pay good dividends in the coming years.

WISHING EVERYONE A VERY VERY HAPPY, PROSPEROUS AND PROFITABLE NEW YEAR.

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.

30/12/2014, TUESDAY

1) Skipped BOF BRN as consecutive LHs were formed from yesterday.

2) Skipped LOL BOF of BRN PDL, as I suspected that the momentum is just not there. It took more than 30 minutes to come above PDL.

So no trades for today also.

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.

29/12/2014,MONDAY

First 2 candles caused 50+ points up move. Could not catch this move.

1) BOF of RL was the only signal, I could recognise. Skippetd it, wanted PDH, located nearby to be strongly tested.

So no trades for the 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.

26/12/2014, FRIDAY

1) Hesitated and missed BOF of BRN  Short.
. 
2) Longed at TST LOD Got 19 points.

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.

24/12/2014, WEDNESDAY

Did not trade today.

23/12/2014,TUESDAY

Did not trade today. In hindsight, feel that it was difficult to short @ PDH BOF, as two key levels were closely located below namely then LOD, lower extreme of the last impulse of the previous day. Beyond these 2 levels, price did not pause to let anybody join the party.

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.

22/12/2014, MONDAY

Was in a narrow range for a long time.

1) Skipped BOF @ LOD as RN was too close. Beyond RN, another key level HOD was also there.

2) Longed above PDH on seeing the consolidation just below for more than 30 minutes. Got 47 points.

That was the only trade of the day.

Disclaimer: I am not a Research Analyst, registered with SEBI. My methods will certainly result in severe losses. So please do not follow me. I maintain this blog  for my own learning purpose. I do not give any kind of Trading advice to anyone.

19/12/2014,FRIDAY

Opened with a big WT outside Gap up.

Market remained choppy after the strong burst in the first few minutes.

1) Could not Long above RH , as it remained a very strong resistance throughout the day.

2) Did not short BOF RH, as HL were formed after previous tests.

No trades for the day.

Disclaimer: I am not a Research Analyst, registered with SEBI. My methods will certainly result in severe losses. So please do not follow me. I maintain this blog  for my own learning purpose. I do not give any kind of Trading advice to anyone.

18/12/2014, THURSDAY

Opened with CT outside gap.

1) Longed @ BOF PDH, after the price came inside IR. Was trailing at the low of LSB. Price moved up after stopping me out. Could get just 2 points. Trailing the Longs must improve.

That was the only trade.

Disclaimer: I am not a Research Analyst, registered with SEBI. My methods will certainly result in severe losses. So please do not follow me. I maintain this blog  for learning purpose. I do not give any kind of Trading advice to anyone.

17/12/2014,WEDNESDAY

1) Did not trade in the first few minutes and missed BPB PDL Short.

2) Could not find any reliable signal thereafter. Downtrend was showing signs of exhaustion and could not spot any clear imbalance between supply and demand.

No trades for today as well.

Disclaimer: I am not a Research Analyst, registered with SEBI. My methods will certainly result in severe losses. So please do not follow me. I maintain this blog  for learning purpose. I do not give any kind of Trading advice to anyone.

16/12/2014,TUESDAY

Opened with WT outside GAP down.

1) BPB BRN was the first signal. Did not take it, as the trade is directed against a strong Day TF FZ. Further did not expect the price to fall down further after the big gap down. Missed a good trade.

2)  Wanted to short   above RN after the price failed to break out. But price fell down quickly without letting me join the party.

The Market was under the control of big boys and not day traders.

So no trades for the day. 


Disclaimer: I am not a Research Analyst, registered with SEBI. My methods will certainly result in severe losses. So please do not follow me. I maintain this blog  for learning purpose. I do not give any kind of Trading advice to anyone.

15/12/2014,MONDAY

Opened with WT outside gap down.

1) Shorted BOF PDL. Got 8 points.

2) It looked like a TRAP below PDL towards EOD. Longed above the swing high. Gave 10 points.Must be careful in interpreting TRAP.

12/12/2014,FRIDAY

Could not understand the price action today. Was expecting an up move due to the exit of Shorts. But the opposite happened.

No trades for the day.

10/12/2014,WEDNESDAY

1) First signal was BPB PDL Short. Skipped it, as that level was the flip zone of higher TF.

2) Did not long @ BOF PDL, as it was CT. Further too many levels were above.

3) Shorted BOF BRN. Gave 7 points

4) Skipped FTC short above BRN, as I expected RH just above BRN to act as FZ. Space was less below the FZ.

5) Longed @ BPB BRN. Exited on seeing the pinbar @ HOD. Got 6 points.

6) Shorted FTC above BRN trusting the exit of Longs. Exited at the first sign of resistance. Got 15 points.






4)

9/12/2014,TUESDAY

Opened with Gap down.

1) Did not short IRL BPB, as it was a higher TF support.

2) With hesitation(due to LH after every testing at IRL)   longed @ IRL after 2 attempts to breach it failed. Gave 4.5 points.

3) Pattern failiure was a strong signal, tempting me to short below RN. Suspected a BW around RN as I expected the higher TF support to hold. Was wrong. Missed a good move.Lesson learnt.

4) Did not take BPB BRN, as it was already 2.30 PM.

5/12/2014,FRIDAY

It was a Barbed wire around BRN throughout the day.

Went Long @ BOF IRL. Had to trail closely, as the chart was showing LH. It was a TOUCH TRADE. Got 8 points. That was the only trade of the day

3/12/2014,WEDNESDAY

First few candles showed strong rejection. PDL supported well.

1) Went Long @ BOF PDL. Got 8 points.

2) Went Long @ BPB PDC. Got 3 points  only. It was a premature exit. Should trail only at LSB henceforth.

3) Skipped BOF PDC, as I expected some consolidation after 2 momentum moves.

4)Shorted below the lowest swing low after the price came out of the channel. Scratched exactly at the entry price. Got 0 points.

It was yet another choppy day.

2/12/2014,TUESDAY

RBI announcement day.

1) Skipped the strong LOL Bof short, as I wanted the market to settle after the announcement.

2) Took RL BOF Long. Could get only 3.5 points.

No more trades for the day

1/12/2014

  1) Went Long @ BOF PDC. Stopped out. Gave 8 points.

  2) Shorted @ PDC after price failed to move up on the 3rd attempt. Got 12 points.

  3) Missed BOF PDC Short as I expected the then LOD to hold. But it turned out to be the best signal             of  the  day.

  4) Missed BOF BRN, as the signal came too late.

  Choppiness was the order of the day.