Nifty opened within previous day range. Missed the morning move. I was not confident about the BPB of PDH-RN but it moved well. Short below BRN failed. Hesitated to take the BOF of BRN as I thought HOD will resist again . Missed a nice move. If market trends on expiry it could be a manipulative move and price reverses strongly the next day
There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits
Friday, May 29, 2015
Thursday, May 28, 2015
28052015
Expiry day. Price tried to move above RN and got rejected. Waited for further confirmation and shorted below PDH on BPB. Then I had to go out for some urgent work. So I kept SL at breakeven and left. When I came back it was trading below BRN. Finally managed to cover at 4280. Escaped from getting stopped out around 8320 as I was not watching market live
Wednesday, May 27, 2015
27052015
This is an illustrative example of the
concepts being discussed.Markings are just visualizations on historical
data in hindsight analysis
Nifty gaped below PDL. Outside trend gap. Did not give a clear FTC at LOD. Avoided long above IRH as PDL was very near. Went long on retest after the BOF of PDL. Covered on BOF of HOD. Missed the next up move as I was not confident to go long agaist that quick fall as Daily was in declie mode
Nifty gaped below PDL. Outside trend gap. Did not give a clear FTC at LOD. Avoided long above IRH as PDL was very near. Went long on retest after the BOF of PDL. Covered on BOF of HOD. Missed the next up move as I was not confident to go long agaist that quick fall as Daily was in declie mode
Tuesday, May 26, 2015
Monday, May 25, 2015
Monday, May 11, 2015
11052015
Type 1 trend day through a beautiful fluid. Order at PDH did not get filled so long above IRH with SL below RN. Shaken out of the trade at 8280 by a CPB. Another long above BRN which moved to the end of fluid. Tried a short trade as FTC on the next test.Covered when range low refused to break.Missed the sudden BOF up move
Thursday, May 7, 2015
07052015
This is an illustrative example of the
concepts being discussed.Markings are just visualizations on historical
data in hindsight analysis
Outside trend gap. Hesitated and missed a FTC opportunity on BOF of IRL. Did not go long of BPB of PDC/PDL . Shorted below BRN and covered at range low. Next trade BOF of range low failed. Could not get the final up move
Outside trend gap. Hesitated and missed a FTC opportunity on BOF of IRL. Did not go long of BPB of PDC/PDL . Shorted below BRN and covered at range low. Next trade BOF of range low failed. Could not get the final up move
Wednesday, May 6, 2015
06052015
This is an illustrative example of the
concepts being discussed.Markings are just visualizations on historical
data in hindsight analysis
Nifty gaped down below PDC and sold. Could not capture the morning down move. Thought of shorting TST of BRN. But stayed away as I expected some consolidation. Short on BOF of BRN. Covered at RN. Then it was chop around RN
Nifty gaped down below PDC and sold. Could not capture the morning down move. Thought of shorting TST of BRN. But stayed away as I expected some consolidation. Short on BOF of BRN. Covered at RN. Then it was chop around RN
Tuesday, May 5, 2015
05052015
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. Went long above IRH. Stopped out. BOF short at PDH gave 20 points. Another short after a TRAP like pattern on break of range low moved well. But gave back most of the profit sitting through the pull back which was quick. No other trades
Nifty opened within previous day range. Went long above IRH. Stopped out. BOF short at PDH gave 20 points. Another short after a TRAP like pattern on break of range low moved well. But gave back most of the profit sitting through the pull back which was quick. No other trades
Monday, May 4, 2015
04052015
This is an illustrative example of the
concepts being discussed.Markings are just visualizations on historical
data in hindsight analysis
Nifty opened near PDH and tried to move down but failed. Long BPB of PDH. Covered when second push failed. Long on BOF of BRN. TP near HOD. Attempted a short at HOD and it failed. Final PP trade moved well. Daily now is in rally mode
Nifty opened near PDH and tried to move down but failed. Long BPB of PDH. Covered when second push failed. Long on BOF of BRN. TP near HOD. Attempted a short at HOD and it failed. Final PP trade moved well. Daily now is in rally mode
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