Showing posts with label MessyPA. Show all posts
Showing posts with label MessyPA. Show all posts

Thursday, September 7, 2017

Nifty : 07 - Sep - 2017 (-15)



Market Commentary:


9:29 AM : Gap up and price resisted at 2 day’s high 9982. Will see if range forms and look for BOF of RL signal as long as price sustain above PDH


9:35 AM : IR - 9982-58.
               
9:40 AM : Potential Trades :
Staying above 9955 (PDH) → 9982 (IRH / DH) , 10K (BRN), 10015 (SR)
Staying below 9955 (PDH) → 9944 (VAH / PDC), 9932 (POC / VWAP), 9920 (VAL), 9910(PDL)


11:30 pm : Trade 1 : BPB of PDH short at 9952 with Initial SL 9960, FTA 8 points away. Will have to scratch if doesn't move.


11:35 PM: Exited with loss of 10 points


12:20 PM : Seems nifty forming BW around PDH; will stay away till better signal visible


13:35 PM : Drawn BW as range now. Will see PA after broking range on either side


13:55 PM : Trade 2 : BPB of range high long at 9965 with Initial SL 9957, FTA DH 17 points away. Placed order when price respected Intra VWAP and forming high close bull candle with lower tail.


14:10 PM : Exited with loss of 5 points (scratched below VWAP and after seeing price rejected from earlier swing)


14: 22 PM : 2 SL’s in a row. Done for today.

Points Earned :: -15

Wednesday, September 6, 2017

Nifty : 06 - Sep - 2017 (-7)



Market Commentary:

10:15 AM : Gap down and IR formed around PDL 9928-9910.


10:22 AM : Potential trades


Above 9932 (DH / VAL) → 9950 (POC), 9955 (VWAP), 9968 (VAH) , 9980 (PDH)
Below 9910 (DL / IRL) → 9900 (BRN), 9885 (SS), 9826 (SS)


11:38 AM : Trade 1 : BPB of DH/VAL long at 9934 with Initial SL 9929, FTA 9950 (POC / RN) 16 points away. Good risk:reward


11:45 AM : Exited with loss of 7 points


14:35 PM : Messy PA today; not comfortable with any signals. Calling it a day


Points Earned :: -7

Thursday, August 24, 2017

Nifty : 24 - Aug - 2017 (-18)



Market Commentary:


9:48 AM: NF opened exactly at PDH, pulled back till PDC (RN in NS) and one failed attempt concur PDH is done.


9:59 AM: Broke PDC / IRL but not continued momentum, price back into range; BOF of IRL / PDC signal, but space is an issue.


10:08 AM: Trade 1: BOF of IRL/PDC long at 9865 with Initial SL 9854, FTA PDH 10 points away… traded with half quantity. Will look to add if price shows momentum above PDH/DH


10:27 AM: Exited with loss of 6 points


11:30 AM: BW around PDC.. 50 points fluid below DL.. will wait for PA at DH/DL now.


12:55 PM: Trade 2 : BPB of DH long at 9887 with Initial SL 9877, FTA BRN 13 points away


13:10 PM: Exited with loss of 12 points. 2 SL’s in row, closing the day.