03/06/2015, WEDNESDAY

1)Wanted to short at Range Boundary(trend violation pivot).BRN resisted and didn’t allow the price to reach trend violation pivot.Wanted either BOF of BRN or testing of trend violation pivot. Both didn’t happen. Missed a good move.

2) Kept a buy order at S/R line as price stalled there. Fortunately the order was not filled due to insufficient  margin. Just a few minutes before I placed the order, margin money was increased by Zerodha due to excessive volatility.  Thank God, they increased the margin.

3) Price started Ranging. Was not sure about the Range High – trend violation pivot or S/R line. Inhibited the urge to short at S/R line at 8163 and decided to short only at trend violation pivot. Price was resisted by S/R line and fell. Should have trusted the strength of S/R line and shorted. Missed another  move.

Could not spot any other reliable signal. So 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.

2/6/2015, TUESDAY CRUDE OIL BOOK TRADING.

1)Shorted at Range Boundary. Got 12 points

Could not catch the subsequent moves. Just too fast for me to plan an entry.

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.

CRUDE OIL BOOK TRADING 01/06/2015

Resumed book trading after opening a commodities account to get RT charts.

1)Longed at BPB of Range boundary. Got 16 points.(exit at 12.20 candle high)

2)PB Long. Got 8  points.

3) Shorted BPB. Gave  5 points. 

Price action turned too volatile subsequently.

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.

01/06/2015, MONDAY

1)Shorted PDH BOF. Gave 5 points. Price hit the target after my exit.

Price started Ranging subsequently. Could not find any reliable signal.

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.