Wednesday, August 8, 2012

8-8-12 Trade dairy

Good morning

Today JN SAR - 5213 - Day pivot 5323

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

9:38 SS cross over is seen in 30 mnts. chart. Waiting for cross over in 60 mnts. chart.

11:02 SS cross over seen, bought 3 lots @ 5361 stop loss 5341 (day low 5344)

11:39 After I bought, SS lines are playing hide-n-seek coming apart & again showing cross over.  I am sticking to my trade

12:13  SS lines are coming near to give negative cross over.  If seen I will exit the position.

Reverse cross over seen exited @ 5358 - loss of 3 points on each lot.  While in the trade price reached 5369 and reversed.

1:20 SS lines are coming near again

1:40 Cross over seen again.  Bought 3 lots @ 5376.  Stop loss 5346 (30 points)

2:29  Did not achieve our 20 points gone up to 17 points and reversed.  Exited @ 5379 - 3 points profit.

today no profit - no loss in points - (lost brokerage)

Net 28 points profit in 6 trades this month.

Total score - 20 wins - 6 looses (I am ignoring today's trades as no loss - no profit)


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