Showing posts with label choppy day. Show all posts
Showing posts with label choppy day. Show all posts

Wednesday, May 3, 2017

3-5-2017,WEDNESDAY


1) Shorted at consolidation low, as all the buying was getting absorbed below RN. Got 5 points. Price didn't reach the Range Low.

No other trades.

Monday, March 20, 2017

20-03-2017,MONDAY


1) Shorted BOF PDL/BRN. Bought 21100 PE. Was trapped in the chop. Gave 3 points.

That was the only trade.

Thursday, July 9, 2015

09/07/2015, THURSDAY



Expected Range bound day as TVP got cris crossed at DO.

1) Took  PP short despite of expecting Range bound day. Expected price to  at least test PDL giving little profit.  Got just 3 points.  Exited in a hurry as downmove was strongly rejected by LOD. Should not have violated the rules, more so when LOD, RN and PDL are located very closely.

2)Longed @ BOF. Got 1 1 points.

Stopped trading at 2.45 PM, as price action was very choppy.

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.

Tuesday, May 26, 2015

26/05/2015, TUESDAY




1)Shorted with a Limit order at RN/PDL confluence on PB. Gave 5 points.

2) Again shorted slightly above RN. Got 5 points.

Could not spot any other reliable trade.

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.

Friday, May 15, 2015

15/05/2015, FRIDAY





1) Shorted below PDH on pull back. Gave 9 points.  

2) Wanted to short @ TST RH. Could not get the right PB for entry. 

Price was ranging for a major portion of 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.
 

Wednesday, March 11, 2015

11/03/2015,WEDNESDAY




1)Skipped BPB IRH Long, as my bias was bearish.

2) Could not short the fall from IRH. Fall was too fast and furious.

3) Wanted to long @ IRL/RN  BOF. Placed an order @RN. Cancelled the order on seeing the price trying to go up without testing IRL.

4) Shorted BPB IRL. MSP supported.  Gave 2 points. Took this trade, despite of knowing that I am playing in the middle of the last impulse of yesterday. I was hopeful that MSP would be broken.

5)Skipped PP Long, as I didn’t want to take direct BO trades before learning curve is completed. This move went well and hit the target.

6) Skipped IRH BOF short, as trade will be directed into congestion.

Was a choppy 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.
 

Monday, January 12, 2015

12/1/2015, MONDAY


First candle broke MSP and RN Spot, but price found a solid support there.Soon price went inside the range of the previous day.

1) Did not long, after price settled above BRN, as PDC was too close.

2) Several attempts to push the price above BRN failed. Thought of placing a direct BO order below BRN. Hesitated and didn't do it.  Eventually price broke BRN strongly.
Shorted BPB BRN just above LOD. It was a low probability trade as space was very less. Closely trailed and scratched with 5.5 points.

3) Did not place a direct BO order beyond PDH as BRN Spot was too close. Further RN has acted as a very strong resistance in the recent past.

Very difficult to trade when BRN is in the middle of the Range of  the 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.

Monday, January 5, 2015

05/01/2015,MONDAY


Was expecting a Range bound day, as the previous day was a big move day.

1) Skipped BPB PDH Long, as the rejection at this level at DO was very strong.

2) Shorted BOF PDH, but this  order was not filled.

3) 2 fluid moves followed, but could not ride them as RN and BRN Spot were in the middle.

So no trades for the 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.

Friday, December 19, 2014

19/12/2014,FRIDAY


Opened with a big WT outside Gap up.

Market remained choppy after the strong burst in the first few minutes.

1) Could not Long above RH , as it remained a very strong resistance throughout the day.

2) Did not short BOF RH, as HL were formed after previous tests.

No trades for the day.

Disclaimer: I am not a Research Analyst, registered with SEBI. My methods will certainly result in severe losses. So please do not follow me. I maintain this blog  for my own learning purpose. I do not give any kind of Trading advice to anyone.

Friday, December 12, 2014

12/12/2014,FRIDAY

Could not understand the price action today. Was expecting an up move due to the exit of Shorts. But the opposite happened.

No trades for the day.

Wednesday, December 3, 2014

3/12/2014,WEDNESDAY


First few candles showed strong rejection. PDL supported well.

1) Went Long @ BOF PDL. Got 8 points.

2) Went Long @ BPB PDC. Got 3 points  only. It was a premature exit. Should trail only at LSB henceforth.

3) Skipped BOF PDC, as I expected some consolidation after 2 momentum moves.

4)Shorted below the lowest swing low after the price came out of the channel. Scratched exactly at the entry price. Got 0 points.

It was yet another choppy day.

Monday, December 1, 2014

1/12/2014


  1) Went Long @ BOF PDC. Stopped out. Gave 8 points.

  2) Shorted @ PDC after price failed to move up on the 3rd attempt. Got 12 points.

  3) Missed BOF PDC Short as I expected the then LOD to hold. But it turned out to be the best signal             of  the  day.

  4) Missed BOF BRN, as the signal came too late.

  Choppiness was the order of the day.

Thursday, November 20, 2014

20/11/2014,THURSDAY


Price moved within the last impulse of  yesterday for sometime, before breaking PDL.

1) Shorted BPB PDL. Did not go well. Gave 7 points.

2) After seeing TRAP below PDL, went Long. Expected the price to test BRN due to the exit of trapped bears. But that did not happen. Gave 6 points.

3) Did not take BPB BRN towards EOD, as this signal came bit late. Further PDC and HOD were sitting above.