28/02/2015, SATURDAY

Did not trade today, as volatility was too much due to budget. Was away from the terminal for most of the time.  

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.

27/02/2015,FRIDAY

Meddled with “Datafeed to Amibroker” and messed up.  Missed the first few hours of action.

1) Skipped WT BOF IRL Long, as LH were made after previous tests of Range extreme. Looked very much like descending triangle. Was surprised by the upmove. Could not recognise the bigger picture and give it due importance on time - Big Gap up,

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.

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.