Thursday, August 9, 2012

9-8-12 Trade dairy

Good morning

Today's JN SAR - 5234  - Day pivot 5349

SS lines are in the middle.  I am waiting for cross over.

10:03 SS cross over seen bought 3 lots @ 5374.  Stop loss 5360 (day low 5365)

10:36  Not much movement seen in price.

11:04 IIP data has come negative.  Still I am sticking with my trade.

11:25 sl hit

2:47 SS lines are coming near to give positive cross over

3:01 Cross over seen, but in last 30 minutes.  So not taking position.  In today's trade stop loss hit and net loss 14 points.

Total net profit of 14 points in 7 trades this month.

Total score in trades - 20 wins - 7 looses


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