Monday, September 10, 2012

10-9-2012 Trade dairy

Good morning

Today's JN SAR - 5277 Day Pivot 5333

SS lines are in over bought zone.  As JN SAR is in Buy mode, I will wait for them to come down and give positive cross over.

9:44 Negative cross over seen in 30 mnts. charts.  60 mnts. chart SS lines are still in over bought zone.

10:05  SS lines have come below over bought zone with negative cross over due to passing of time.

11:05 Positive cross over seen in 30 mnts. chart.  Waiting for positive cross over in 60 mnts. charts.

12:10  Still waiting for cross over in 60 mnts. chart.  It may come due to time instead of price now.  Last 3-4 times when I have acted on cross over due to time, my stop loss hit.  So bit hesitating to take position now.

12:47  SS lines are overlapping in 60 mnts. chart.

1:05 SS lines are overlapping in 60 mnts. chart.  Even if cross over is seen, it will be time related so I am not trading today on this cross over.  (30 mnts. chart SS lines are coming near to give negative cross over.)

1:25 SS lines have come apart from overlapping position.


2:43 Positive cross over seen in 30 mnts. chart

3:00 No valid cross over seen.  Today I have booked my JN SAR minifty long @ 5364 (bought @ 5339) hoping for buying at dip but still waiting for dip.

Could not re buy my JN SAR long.  Will see to it tomorrow or I will wait for next JN SAR trigger.

Today I closed JN SAR long with 25 points profit.

Total 8 points profit per lot this month in 3 trades.

Total trades closed in profit : 27
Total trades closed in loss    : 14 

1 comment:

  1. • SHFE Copper to Move Lower.
    • Gold edges higher, upside seen limited.
    CapitalStars

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