Monday, March 14, 2016

14 - 03 - 2016



  1. IR (7593-55)  formed above PDH (7544); will look for buy opportunity
  2. Trade 1 (12:21 pm) : BOF of PDH long at  7552 initial sl 7541; FTA 7570, 20 points away.. Ready to scratch
  3. Exited with loss of 13 points
  4. Suspecting BW around PDH; will ignore BOF of PDH (if comes)
  5. 2nd Range developed (7556-7534), PDH being in middle;
  6. Expecting some directional signal after 2:30 only.. General observation
  7. Nifty traded most part in 7540-60 from 11:45am;
  8. BOF of long signal, but it's already 3PM
  9. Hesitated and missed BOF of LOD long;
  10. Done for today


Net :  -13

6 comments:

  1. Well done Rose, Wanted to comment from long time doing it today. You are on the way to be a good trader. Keep up the good work.
    -Shashank

    ReplyDelete
    Replies
    1. Thanks for visiting shashank.
      Missing your blog posts.

      Delete
    2. I am into full time Trading for over 1 year. Was focusing on that. Will be back to blogging soon.

      Delete
  2. Today 1.51 candle was TRAP and BOF of range resistance both. I was able to see it real time, but it failed to sustain below LOD.
    Rose, a chating platform is needed, as u created few years before. For selected persons only, to avoid crowd.

    ReplyDelete
    Replies
    1. Manish,

      Good to see you guys here again :)
      I don't even notice that BO, becoz I was waiting for price to reach extremes.

      Reg chating platform... frankly I don't see any merit of having same.. we all knows all same system and we trade similar tactics.. yet we come with diff trades by EOD.. why?

      Because per individual personality we act while entry/exit.. if we has different views collide during live market time.. I am sure it distract.

      Delete