Monday, August 13, 2012

13-8-12 Trade dairy

Good morning,

Today's JN SAR 5277 - Day Pivot - 5316


9:50  Though SS lines are showing positive crossover from previous day, Orb broke down side.  30 mnts chart also showing negative cross over.  So waiting for SS lines to give clear positive cross over.

10:30  30 mnts. chart has given + ve crossover.  5 mnts. chart given - ve cross over.  I will buy on +ve cross over in 5 mnts. chart. with 20 points stop loss as 60 mnts. chart is still in buy mode positive cross  over given on Friday still continues.

10:47 Before + ve cross over in 5 mnts. chart, it seems SS lines are poised to give -ve cross over in 60 mnts. chart.  Will have to wait for -ve cross over first and than + ve cross over in 60 mnts. charts.

11:01 As suspected SS lines have given -ve cross over.  So waiting for + cross over now.

1:30 Still waiting for +ve cross over

2:00 SS cross over seen bought 3 lots @ 5335 stop loss 5320 (day low 5326)

2:17 Getting resisted at day's high, trailed sl to 5325 (day low 5326)

2:37 Booked 20 points on 2 lots.  Trailed sl to 5340

2:50 Price reached 5368.  Trailed sl to 5348

3:20 Booked remaining lot @ 5375

Today booked 20 points on 2 lots and 40 points on 1 lot.  Total 80 points profit.  Per lot 27 points profit.

Total 39 points profit per lot in 10 trades.

Total score 22 wins - 8 looses

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