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)

21/10/2014

Inside  Gap up at the upper extreme of the closing range of  yesterday. Can be taken as BPB BRN.Low of first candle was not tested and it looked like a big up move on the way. But premium has reduced. Decided to enter Long after the formation of a clear swing high after BRN Spot was breached.When I got it, space was less with PDH. Missed the up move. Should have ignored BRN Spot and jumped in as  the up move has just started. It was a risk worth taking. Lesson learnt.

1) Did not take PDH BPB as zone around 7950 has been a strong Resistance.

2) Went for FTC short as the up move was showing signs of exhaustion. Got 27 points.

3) Went Long @ BOF of BRN.Did a silly mistake and made a premature exit. Got only 5.5 points.Realised my mistake and was trying to correct it, but my TSL was hit. A silly mistake and a fraction of a second delay resulted in not getting 28 points more.

4) Avoided FTC short above PDH, as the space was not there.

5) Avoided BOF of PDH, as it was against the exit direction of critical mass at the end of the day.

Placed the photos of kitten in my Blog. Seems to be a good omen!

05/09/2014

Initial Movement was Up

1) RN resisted and price fell down below PDH/PDC. Misread the price action and went LONG in haste. -7 points.

2) Shorted below the CL of the consolidation at PDL. -8 Points.

3) Went Long on BOF of LOD. Could get only 8 points, as trade was squared off at 3.08 PM. Immediately changed from Now to Nest, where squaring will be done only at 3.20 PM.

03/09/2014

Gaped up above PDH, but initial movement was DOWN. It indicated that there is no clear imbalance between sellers and buyers.So, it was throughout the day.

1) Skipped BOF of PDC, as price remained below PDC for a long time after BO. Further it was against the direction of initial movement.

2) It looked very much like a BOF of PDH(Flip zone too). But price went up and the Short was not filled.

3) Wanted the price to consolidate a little  longer before placing the FTC Short order at HOD.  But price fell down rapidly without waiting for me.

So, no trades for today too( no trades for 5 out of last 6 days). Instead of losing consistently, it is better to learn/wait and endure the learning phase.

02/09/2014

Initial movement was UP.

1) Was looking for BOF at Range Low. Didn’t get it. Did not take BPB of RH Long, as the momentum was not there.

2) Shorted at FTC of the then HOD. Thought that exit of critical mass will result in a quick fall at lest upto BRN. Not to be. Exited with 6 points loss. 

No other trades for the day.