Monday, May 25, 2015

25/05/2015,MONDAY




1)Kept a sell order at XX37. Not filled.

2) Didn’t long at Range Low as the bias was bearish.

3) Was expecting complex pull back, as the projection was less. Being CPB, wanted the pull back to last bit longer before  placing a sell order. But the price action was not as per my expectations. Accumulated stops at the then LOD, resulted in a 20 points fall. Missed this move.

4) Kept a sell order at XX95. This was also not filled.

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.

Thursday, May 21, 2015

21/05/2015, THURSDAY




1) Shorted BPB of trend violation pivot. Got 9 points.

2) Shorted BRN BOF, as upmove was losing momentum above BRN . Got just 1 point.

Stopped trading after 12.00 Noon, as I had some other engagements.May not be trading tomorrow.

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, May 20, 2015

20/5/2015, WEDNESDAY




1) Longed above PDH. Exited at the entry price.

2) and 3) – Wanted to long at these pullbacks. But hesitated and avoided them, as I have seen price falling ferociously, when not accepted above PDH.

4) Kept a Limit order short ay XX27. It was not filled.

Thereafter it was chop, chop and only chop.

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 19, 2015

19/05/2015, TUESDAY




1) Took PP set up Long. Exited at PDH. Got 14 points.

2) Shorted when momentum of Bulls was on the decline. Should have waited to see the strength of bears. Gave 8 points.

3) Another PP set up formed below Higher TF Resistance. Took the Long hoping that the resistance will be broken. Exited at the first sign of resistance.Got 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, May 18, 2015

18/05/2015, MONDAY




1) Wanted to long at BRN on PB. But price ran up without pausing.Should learn where to enter in such cases. 

2) Bias turned bearish after violation pivot at BRN was strongly broken. But tweezer bottom at swing low indicated bulls will not relent easily. Could not take any trades, as Market started Ranging.

3) Longed @ PP set up. HOD was close. But expected that HOD will be broken. Not to be. Got just 2 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.