Showing posts with label Spike and channel. Show all posts
Showing posts with label Spike and channel. Show all posts

Tuesday, August 4, 2015

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.

Monday, July 13, 2015

13/7/2015, MONDAY




Took just one trade. After spiking up due to Greece deal,  price started chopping around, as expected.

1) Longed at TRAP on seeing second attempt to go down fail in LTF. Was doubtful  abt this trade, as price had already moved up a lot. As price touched HOD, it was   rejected strongly. Tightened the TSL and exited with 6 points.

Disclaimer: I am not a Research Analyst, regis tered 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.