Friday, May 30, 2014

30 - 05 - 2014



TRADE1:

Long on BO of IRH (7280) also PDC, with initial SL below PDL (7254)
Scratched the trade when NF failed to go up and came into IR again
Exited trade at 7278, with loss of 5 points

TRADE2:

Long above PDL (7255) after BOF of BRN (7250) with initial SL 7248
Moved SL to 7271 when NF moves above PDC
Trial SL hit at 7271; exited trade with gain of 13 points

TRADE3:

Long at 7262 after BOF of PDL & TST of BRN (7250) with initial SL 7247
Moved SL to 7253, low of PDL BO candle
SL hit; exited trade with 11 point loss


Points earned: -3

Thursday, May 29, 2014

29 - 05 - 2014


TRADE1:

Short on BO of IRL at 7316 with initial SL above PDO (7323)
SL moved to PDL (7309)
SL moved to above BRN (7302)
Trial SL hit at 7302; exited trade with 12 point gain
  
TRADE2:

Long at 7302 as BOF of BRN with initial SL 7295
SL hit; exited trade with 9 point loss

TRADE3:

Short at 7292 as FTC above BRN with initial SL 7302
Moved SL to 7289 as new low formed
Moved SL to 7252 as BRN broken
Exited trade at 7232 with 58 point gain

Points earned: +61

Wednesday, May 28, 2014

28 - 05 - 2014


TRADE1:

Long on BO of IRH (7332) with initial SL below IRL (7320)
SL hit; trade closed with loss of 16 points

TRADE2:

Long on BOF of PDC, at 7317 with initial SL 7313
SL moved to IRL, breakeven (7319)
SL moved below lower extreme of IRH BO candle (7325)
Trial SL hit; trade closed with gain of 6 points

Points earned : -10

Tuesday, May 27, 2014

27 - 05 - 2014


TRADE1:

Long on BOF of PDL, at 7302 with initial SL as 7294
Moved SL to 6298 as IRL resisted (below BRN)
Moved SL to 6303, breakeven
Moved SL to lower extreme of IRL BO candle of (7317)
Exited at 7317

Points earned : +13

Monday, May 26, 2014

26 - 05 - 2014


Trade 1:
Shorted on BOF of BRN 7500 NF, at 7494 with initial SL 7505
Fast fall below PDC… bounced after touching PDL
Moved SL to 7300 NF after it broke again
Trial SL hit at 7302
Exited trade with 190 point gain

Points earned: +190

Friday, May 23, 2014

23 - 05 - 2014


TRADE1:
Long above IRH (7321) with initial SL below IRL (7308)
Above PDH, NF moved fast till 7392
Trial SL placed below lower extreme of RN BO candle (7346)
Trial SL moved below to PDH as it coincides with Golden ratio of rise 7294 – 7365 (7320, also last 2 day’s top)
Exited at 7334 with 11 point gain


TRADE2:
Long above BOF of DL (7323) with initial SL 7305... Coincide with 7300 NS
Moved SL below lower extreme of PDH BO candle (7332)
Moved SL below lower extreme of BPB RN 7350 candle (7347)
Exited at 7384 near EOD with 59 point gain

Pointed earned : +70

Thursday, May 22, 2014

22 - 05 - 2014


TRADE 1:

Long on BO of IRH (7307) with initial SL as lower extreme of BRN BO candle (7296)
SL moved to lower extreme of PDH BO candle (7307)
SL moved to lower extreme of PDH BPB candle (7310)
SL hit... Exited trade at c2c

TRADE 2:

Short on BOF of PDH, on break of lower extreme BO candle (7307) with initial SL 7317

SL hit... exited trade with 12 point loss

Points earned : -12

Wednesday, May 21, 2014

21 - 05 - 2014


TRADE1:

Short below DL, 7278 with initial SL 7290
BOF of BRN (7250) happened
Trial SL hit at PDL, 7274

Points earned: +2

Tuesday, May 20, 2014

20 - 05 - 2014


TRADE1:

Long on BO of DO, PDO... long above 6310 with initial SL 6298
Exit at cost

TRADE2:

BOF of PDH, Short on break of BO candle lower extreme.
Short below 6310 with initial SL as 6316 (PDH)
Trial SL hit at 6285

Points earned: +20