Showing posts with label choppy day. Show all posts
Showing posts with label choppy day. Show all posts
Wednesday, May 3, 2017
Monday, March 20, 2017
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.
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.
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.
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
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.
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