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

Thursday, March 19, 2015

19032015

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 pulled back. Went long on BPB of PDH. TP when price failed to stay above BRN. Missed the BOF trade at BRN. Price then traded in a range below PDH. BOF of PDH gave a short signal. Shorted on the retest. Unfortunately I lost patience and scratched before the down fall. Shorted on BPB of BRN/PDc/PDL TP around LOD

I will not be trading rest of the month. Doing some Truss work on top of the house. New rage in Kerala. People will swear it is to reduce heat during summer. The real reason is leaking roof. RCC Roofs won't stand the lashing rains of the region for long.My six year old house has started leaking. I will try to make a separate post on TST trades. take care and trade well. DPs will not let you down. The question is whether we are able to execute

Wednesday, March 18, 2015

18032015

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 sold. Went short the swing low when price failed to move above PDC twice. Covered when a BOF happened at BRN. Could not capture long trade there. Short on retest of PDH after the BOF. Scratched when bounced from PDC. Did not attempt the short below PDC. Long trade on BOF of BRN failed. Stopped out

Tuesday, March 17, 2015

17032015

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. CT outside gap. Went long on the BPB of PDH/BRN. TP when price failed to stay above RN. Shorted on FTC. Target was probable range low. But it broke MSP and fell. TP above BRN after a bounce from PDH. Did not get the next down move. Price hit PDL and reversed. attempted a BW range around PDC. Long on TST of range low. Short covering at the fag end took the price to HOD.TP around 8750.Keep a watch on Spike and Ledge pattern which may occur after a climatic move
http://technical.traders.com/authors/images/4675.gif. Today the last entry was on BOF of ledge bottom(LOD). Here if you wait for the test of PDL, you will miss the low risk entry. Other entry is a PP on break of  the ledge top.

Monday, March 16, 2015

16032015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis 
As expected nifty consolidated within previous day closing range. It was a range between PDL and PDC. Went long twice on BOF of PDL/BRN. Exited the first one at a small loss and the second one moved quickly. Did not take the last BOF of PDC

Friday, March 13, 2015

13032015

This is an illustrative example of the concepts being discussed.Markings are just visualizations on historical data in hindsight analysis
After gap up open Nifty was trending down all the day. Could not capture most of the move. Tried one long and a short. BPB of PDH worked well. TST of BRN also made some money. Break below RN 8750 did not trigger and I was looking for a BOF long at BRN 8700

Thursday, March 12, 2015

12032015

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 up breaking BRN and PDH. Made a Barbed wire around BRN and PDH the whole day.. Attempted two trades one long and short. Both stopped out