04/08/2015, TUESDAY

Didn’t trade upto 12.00 due to RBI announcement.

1) Shorted PB. Expected a bounce from LOD and exited just before LOD. Missed a good move. Got just 13 points.

2) Hesitatingly longed at TRAP, as channel or choppy PA may unfold after WRB spike. As I feared, price started chopping around and taught a lesson. Gave 4 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.

02/06/2015, TUESDAY

1)Skipped PDL BPB Short, as I wanted to wait till RBI announcement. But it moved too well.

2)Kept a Limit sell order at XX56. It was not filled.

No trades for the day.

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.

07/04/2015,TUESDAY

Remained on the sidelines in the morning due to RBI announcement.

1) Missed the upmove. Down move happened too fast before I could decide.

2) Shorted at the previous swing high. Gave 1 point.

3) Spike and Ledge: Went Long at 3^rd attempt at RL. Got 24 points.  Thank you  ST Sir for teaching us this pattern recently.

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.

3/2/2015,TUESDAY

RBI Announcement day.

Didn't take any trade till the customary volatility was over. By then, a BIG down move was completed. Expected the price action to be choppy, as it moves up from LOD.

1) Was expecting TST/BOF @ LOD to let me long. That didn't happen on both attempts. Price moved up making HL.

2) Was expecting a bounce as the price hit the swing high above PDL. Wanted to Long after the bounce. The bounce did happen, but the selling was absorbed too quickly. By the time I realised that the bounce was over, price had moved up quickly, without letting me enter.

3)8840 was the Range Low of the last impulse of yesterday and today also it acted as RL for sometime.This level  became FZ and resisted the upmove along with RN. Thought of longing above RN, if these levels get broken. That alsodidn't happen.

So no trades for the day.

Price started moving upward in a channel after the vertical fall.

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

30/9/2014

RBI announcement day. So no question of trading till Market settles down after the announcement is over.

1)After  the announcement,  price moved from PDL and hit PDH. Looked like a very good BOF,  Was waiting for the price to settle below PDC to initiate short. But price moved up briskly, as if it is a Pattern failure. Did not go long above PDH at the breach of earlier swing high as  BRN Spot and RN were closely located. Turned out to be a good move.

2)FTC noticed at HOD and price fell vertically. Again could not find the right place for entry. Price easily broke PDL in no time.

3)Took the  BOF of PDL long towards the end of the day. BRN resisted and had to scratch.  Got 4.5 points.

05/08/2014

RBI announcement day. Waited till the announcement was over.

1) Steep fall below PDH/PDC  confluence.  Could not capture this move in the absence of clear signal.

2) Took CT PP Long trade. Expected it to move well, due to fluidity.  . Exited with 4.5 points, when second push failed. As the location was near BRN, should have allowed consolidation and trailed at swing low. Price consolidated for a long time before spiking up beyond BRN and PDH and HOD. Missed a 90 points move.

No more trades for the day.