08/06/2015, MONDAY

1) Skipped PB Short, as PB started with tweezer bottom at S/R line.

2) Shorted BPB of S/R line. Got 11 points. Hesitated and didn’t place Limit order entry. With Limit order entry, could have got 20 points.

3)Shorted CPB. Gave 7 points. Should have trailed aggressively at previous candle high and reduced the loss.  Wanted to place the Limit order only at the yellow zone above the previous PB high, if price shows signs of reaching there but price was below that level.

Disclaimer: I am not a Research Analyst, registered with SEBI/MCX or any Exchange. 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.
 

27/05/2015,WEDNESDAY

1)Kept a Limit order at XX17.It was not filled.

2)Shorted hoping that there would be enough order accumulation as the location was PDL. Gave 2 points. 

This trade was directed at BRN, a strong option strike level on the eve of expiry. Should have avoided this trade.

3) Placed a long at the Range boundary hoping that it would act as flip zone. Cancelled the Long for good on seeing the terrific momentum of down move.

4) Looked like CPB in making. Shorted with a Limit order at xx16. Thought that this will at least test BRN. Didn’t test even the previous swing low. Got just 2 points. 

Disclaimer: I am not a Research Analyst, registered with SEBI/MCX or any Exchange. 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.

09/02/2015,MONDAY

Big gap down opening.

1) Did not get TST/BOF @ RH to short. @ DO.

2) Skipped CT TST Long @ the second attempt on LOD,(11.00 AM) as there was congestion around BRN.

3)Placed a long order above 8823, as it looked like price settling in a higher Range. Cancelled it as the momentum was less.As suspected, it morphed into Envelope.

4) Skipped BOF @ LOD towards EOD, as there were 2 HLs above. Was expecting a CPB and placed the order @ LOD. But the order was not filled upto 3.00. So cancelled the order. Immediately, price moved down.

So no trades for the day.

12/11/2014

Opened just above PDH.

1) Thought of going direct BO above IRH. Old bitter memories restrained me. Went Long on PDH BPB, though BRN Spot was too close. It looked like Type 1 trend day and was trailing at a safe distance. On seeing a big red candle, waited for one more candle. As price did not seem to move up, moved the TSL to the candle low to save 3 points. Price moved up after I had exited. Out  of my desire to save 3 points, missed 10 points. Net result - gave away 2.5 points.

2) There was a FTC Short opportunity. Skipped it as BRN Spot was too close. Further I was expecting up trend to resume after some choppy price action.

3) Lack of focus resulted in taking a stupid CT Long trade. Stopped  out. Gave 10 points.

4) Towards the end of the day, took another Long, as it looked like CPB. But it flattered to deceive. Scratched. 6 points.

Learnt a few lessons, the hard way