30012015

 This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis

Anniversary

30-01-2015

Thank you for all the kind, supportive, encouraging comments and messages!

I will not be trading till 09022015 as I am traveling . On a pilgrimage to Kollur,Udupi,Sringeri,Horanadu,Dharmasthala,Subrahmanya,Karkala,Moodabidiri and Mangalore

I will try to post hindsight analysis

29012015

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 range and traded within it almost all the day. I was hesitant to go long as the bias was bearish and there were too many levels on top like IRH,BRN,PDC,and the range high. Tried a BOF short and it refused to move to the range low.Scratched  Price was making higher lows. I was suspecting a close above 8900 for expiry but did not attempt the trade as I avoid expiry day afternoon session

28012015

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 range. Failed to go below BRN. Went long on second test. Exited on BOF of PDC.Another long on BPB of PDH. TP when price consolidated in a tight trading range. I expected a FTC there. But price broke above the range. I kept a limit sell at BRN 9000. Nifty reversed before that . Missed the down move.

27012015

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 range. First candle became a big MC and acted as IR. Short on TST of PDH. covered when price bounced from IRL. PDC was just below it. Thought of going long on retest of IRL. But there was no retest. Another short on BOF of PDH failed immediately creating a minor TRAP. Exited at a small loss and went long on BPB of PDH. This moved well beyond my target BRN

23012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis  
Nifty gaped up above PDH. IR formed. Short on BOF  of IRH. covered when price failed to move below 8820. Long at 8820 and covered it when price failed to move above RN.No other trades

22012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty gaped up above PDH and moved down. Long on BOF of  PDH. closed near 8775. No other trades. Skipped last BOF of  PDH as I suspected NS RN area which gave support for a long time to resist

21012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Nifty gaped up above PDH. As expected ended as a range day. Traded between RN and PDH most of the time. Attempted two BOF trades on the long side. Both ended as scratch

19012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty gaped up above PDH. Avoided long on IRH break as it was a outside trend gap. Tried two long trades . First one BOF of IRL failed to move. Got stopped out. BOF of PDH /IRL moved to the target HOD. I was shaken out before that.

16012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Nifty opened near BRN 8500 and moved down breaking PDC.I was expecting a gap down due to weak global cues. Went long on BOF of PDC/BRN. Exited when price failed to move above NS BRN level. . Price did not touch any DP afterwards and there was no prominent range formation. Waited for a signal at PDH before closure. Price did not reach there.

15012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty gaped up above PDH and started sliding. I was looking to go long at a support and went long when it found support at NS BRN area.Price reacted at DO but managed to break it. TP at BRN when second test failed. TST of BRN was another good opportunity to go long. Missed. Failed to capture the final quick fall also.

14012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
I was not watching market live. Nifty opened within previous day closing range. BOF of IRH gave a short signal. Difficult to trail beyond BRN. Then a PP long on price coming above PDL to the early range.

13012015

 This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Nifty gaped above PDH and sold. Move was very quick. Did not short after pull back into MSP. Lost another short at PDH waiting for a second test. Long on BOF of range low. Stopped out at PDH as I micro managed. Short when price fell back into the old range after TST of DO/HOD. Covered at 8290 as price refused to go below PDL. Long on BOF of BRN. Short covering at the fag end gave quick 20 points

12012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis     
Nifty gaped down within previous day range. Price failed to move beyond the opening bar. Avoided long due to BRN and PDC. Price made a BW around these levels. Long on TST of LOD. Trailed with patience but shaken out just before the quick BO up move. Only one trade.

09012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis    
Nifty gaped up above PDH and BRN 8300. Failed to move above NS BRN. Pulled back and stalled at BRN for some time. Went short on the break of  BRN. Price stalled at PDH for a while and sold. Did not expect a fall like that. Covered near 8240. Market was very volatile and I was not comfortable with 30-40 point bars. No other trades

08012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis   
Nifty gaped up above PDH. Pulled back to BRN. Went long on TST of BRN. Covered when price was not able to scale NS BRN 8200 for 20 points. Then it was a grinding up move. Suspected a channel and did not attempt the BO trade. Missed the best move of the day

07012015

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 range.IR formed . TST of IR gave a short signal. Trade moved well. covered when price stalled at 8120.Long on BOF of BRN/LOD. Covered when price failed io sustain above RN 8150.Expected a signal at HOD at the fag end,but price failed to reach HOD.Afternoon session was a BW around PDL/PDC/RN8150 and IRL

06012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis   
Nifty gaped down below PDH and sold. Shorted when it pulled back to BRN. I was expecting a re test of the low. It went further and broke RN. Covered at RN. Then the last impulse acted as a range. Another short on TST of range high. Multiple attempts to move above RN failed and this gave confidence to short

05012015

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. Broke above PDH. Went long on BPB of PDH. Trade did not move. Scratched. Short on BOF of PDH. Moved well and hit range low. Covered above the pin bar. Long on BOF of Range low. Watching the momentum,thought it will touch PDH. Exited when it fell below RN.Could not capture the down move

02012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
Nifty opened above PDH and moved up 50 points quickly. Went long above BRN as BPB. I was a little hesitant to enter here. I suspected 02012014 to repeat. exactly at a 2000 points above level.Remember 01012014 a 5 point range day.? Finally went long as it was a BO after a three day consolidation.Risk was limited.Trade worked well and trailed . TP near 8450.

01012015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
Market gaped down below PDL and moved down. Stalled at BRN. Later made a BW range around PDL for a long time. Attempted a PP trade . Entry did not trigger. No trades today.