Friday, August 3, 2012

3-8-2012 Trade dairy

Good morning

Today's JN SAR - 5160  Day pivot 5225

Gap down opening.  SS lines are near over bought zone.  As JN SAR is in buy mode, I am waiting for SS lines to come down and give positive cross over.

9:55 Nifty spot trading @ 5177 - JN SAR 5160, if it breaks 5160, I will short with 20 points stop loss

11:00 Nifty struck in narrow range, SS lines are coming down, waiting for either break of JN SAR or positive crossover.

12:00 SS lines are coming near, still waiting for either break of JN SAR or Positive crossover.

1:00 SS cross over seen, bought 3 lots @ 5208.  Stop loss 30 points.

1:47 booked 20 points profit on first lot and trailed sl to 5215. Booked 2 lot also @ 5228 as price is not showing much movement.  Holding only one lot with sl @ 5215.

2:00 Trailed stop loss to 5220.

2:22 My TSL hit 5220 at 2:10.

This month this is first win after 2 looses.

Average booked 17 points profit today.

Net 10 points profit per lot in 3 trades this month.

Total trades score : 19 wins - 6 looses.

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