Good morning.
Today's JN SAR 5193 - day pivot 5279
Stochastic lines are near over bought zone. As JN SAR is in buy mode, I am waiting for Stochastic lines to come down and give a positive cross over.
9:35 SS lines are overlapping. Waiting for clear cross over.
9:50 Cross over seen bought 3 lots @ 5311 with stop loss of 5294 (day low 5295)
11:16 booked 20 points (at 11:04) on 2 lots. Trailed stop loss to 5315
12:07 Trailed sl to 5325 for remaining lot. (Stochastic lines are coming near to give negative cross over if cross over is seen we have to exit our position)
12:18 TSL hit @ 5325
After hitting my trailing stop loss it went up to make day high - 5366. If we have fallowed 20 points trailing, we could have booked more points. But due to strong resistance @ 5324 (spot) and SS lines coming near to give negative cross over, I have trailed stop loss tightly.
Average 18 points profit in this trade per lot.
Net 28 points profit per lot this month in 4 trades.
Total score : 20 wins - 6 looses
Today's JN SAR 5193 - day pivot 5279
Stochastic lines are near over bought zone. As JN SAR is in buy mode, I am waiting for Stochastic lines to come down and give a positive cross over.
9:35 SS lines are overlapping. Waiting for clear cross over.
9:50 Cross over seen bought 3 lots @ 5311 with stop loss of 5294 (day low 5295)
11:16 booked 20 points (at 11:04) on 2 lots. Trailed stop loss to 5315
12:07 Trailed sl to 5325 for remaining lot. (Stochastic lines are coming near to give negative cross over if cross over is seen we have to exit our position)
12:18 TSL hit @ 5325
After hitting my trailing stop loss it went up to make day high - 5366. If we have fallowed 20 points trailing, we could have booked more points. But due to strong resistance @ 5324 (spot) and SS lines coming near to give negative cross over, I have trailed stop loss tightly.
Average 18 points profit in this trade per lot.
Net 28 points profit per lot this month in 4 trades.
Total score : 20 wins - 6 looses
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