Thursday, August 30, 2012

30-8-12 Trade dairy - no trades

Good morning

Today's JN SAR 5377 - Day Pivot 5305

Today is expiry day - expecting volatility.

SS lines are in over sold zone.  So I will wait for them to come up and give negative cross over.

11:05 Positive cross over seen.  As JN SAR is in short mode I am waiting for SS lines to come up and give a negative cross over.  (for paper trade purpose we can assume buy @ 5274 with sl 5254)

Options data has come negative.

12:10  SS lines have come up out of the over sold zone.  Waiting for negative cross over.

12:31  In 30 mnts. chart negative cross over is seen, waiting for the same in 60 mnts. chart.

1:30 our paper trade target reached !!  As I will never go against JN SAR I took only paper trade.  But this shows SS cross over may work for few points.

2:59  No negative cross over seen today.  So trades.  Only I have rolled over Minifty JN SAR shorts to next month series.



3 comments:

  1. the crossover against jnsar doesnt work very well. some might produce profit in some cases but there will be many losses . this observation is over last few weeks data.

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