There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Wednesday, February 25, 2015

25022015


This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis  
Nifty gaped up and moved above PDH. Long on BPB of PDH. Price stalled at 8840, a major flip. Covered below the rejection bar low. Tried a short on TST of range high. Had to cover when price bounced twice from PDH. Hesitated to short into BRN and missed the down move.

Tuesday, February 24, 2015

24022015


This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
As expected the last impulse of the previous day acted as a range. RN and NS RN was in between the range.RN acted as IRL Hesitated and missed the BOF of range high. Could not capture the BO also. Price moved up and gave a BOF of BRN. Went short there. Covered when price gave a BOF at LOD/Range low

Monday, February 23, 2015

23022015


This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty opened within previous day closing range. Did not get a reliable signal within the range. Shorted on BPB of PDL.I expected it to go to 8700.But it was not showing strength. Exited when price bounced from RN 8750

Saturday, February 21, 2015

20022015


This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Nifty opened near PDC and sold. Supported at BRN and gave a bounce. Short the break below BRN. Covered when price moved above RN. Price settled above RN and consolidated between RN and NS RN. Missed the up move to BRN. Another short on BOF of BRN. This did not work . Scratched. Market became too volatile and did not have the confidence to take the other signals

Thursday, February 19, 2015

19022015


This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Nifty gaped up above BRN and moved up . NS BRN gave stiff resistance and price could not move above it. After three attempts to move above price broke down. Short below BRN. TP above PDL.Then it was a barbed wire around PDL/RN. Went long on BOF of LOD. TP near HOD

Wednesday, February 18, 2015

18022015


This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Nifty opened near PDC and moved up. Long at RN  8850 as BPB of PDC .Covered when price failed to move above last day down move high which acted as range high . Short on BOF of range high. Move stopped at IRH and covered the trade there. Missed the up move. Entered late on BPB of BRN/PDH.I expected this  to move well as price moved above PDH. It did not move as expected and stopped out below the pull back low 

Monday, February 16, 2015

16022015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Could not watch the morning session. Tried a PP long trade which failed and stopped out. Hesitated and missed the last down move.

Friday, February 13, 2015

13022015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Another trend day. Price gaped up above PDH into the fluid. Long on BOF of PDH. Stopped out at BRN.
Tried another long when price failed to move below 8820 thrice.I was not very confident on this TST trade. But it moved well . TP when price fell below RN

Thursday, February 12, 2015

12022015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Nifty opened near PDC and tried to move up. Short on BOF of PDH/BRN. Scratched when price bounced twice from 8660 area. Price broke down again and supported at PDL. Went long above RN as PP as there was a TRAP like pattern before that. TP at BRN as there was strong rejection from BRN. Could not capture the next 70 point up move
We had a nice time last week. We could visit all the places planned except St. Mary's Island at Udupi. Thank you all for the wishes

Wednesday, February 11, 2015

11022015


I was too tired after the long journey and needed some rest. 
I will be trading and updating the blog from tomorrow