Wednesday, August 29, 2012

29-8-12 Trade dairy

Good morning

Today's JN SAR 5405 (5385 +20 filter)  Day pivot 5335

As we are trading  below JN SAR, I am waiting for negative cross over.

9:30  In 30 mnts. chart -ve cross over is seen.  Waiting for -ve cross over in 60 mnts. chart.

10:03 Negative cross over seen.  Sold 3 lots @ 5328 stop loss 5350 (day's high)

10:31 Now trading @ 5332.

12:00 Now trading @ 5314

12:08 Now reached 5312.  My target order for 2 lots is @ 5308.  I have trailed sl to 5336 above small range

exited @ 5319 by trailing sl above small range

12:58 price reached our 1 st target with out us. :(.  No regrets, in view of expiry volatility, I was taking extra care, not to let a winning trade to become loosing trading.

1:55 Positive cross over seen in 30 mnts. chart.

4:15 Average profit per lot 9 points

This month 73 points profit per lot in 20 trades.

Total trades closed in profit : 26
Total trades closed in loss   : 11

1 comment:

  1. At 10:50 am, the S&P BSE Sensex was trading at 26,653, up 10 points, while Nifty50 was ruling at 8,194, up 2 points.
    CapitalStars

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