Thursday, September 20, 2012

20-9-2012 Trade dairy

Good morning

Today's JN SAR 5445 - Day's Pivot 5602

Holding 1 lot minifty (bought @ 5620), will wait for orb.

I am keeping sl @ 5550 day's low 5551

10:10 Cross over seen in hourly chart.  As I am already holding one lot not adding more.....

12:00 Negative cross over seen , will wait for 5 mnts. and exit my long ........ if sustains

Trailed my sl to 5570 below recent low in 5 mnts. chart (average traded price 5576)

12: 20 Exited my long @ 5575 (45 points loss in this trade)

Will wait for +ve cross over.

1:00 Positive cross over seen.  I will wait 5-10 mnts. to take position.  Actually I have to take position now - but master's comment of more weakness below 5555 (spot) and falling bank nifty or making me think twice........  (My stop loss would fall below 5555 spot)

1:10 I am letting this cross over trade go...... (When in doubt - stay out is dominating my mind presently)

Total 69 points profit per lot this month in 7 trades.

(This profit / loss points calculation is distorted as some trades are with only one lot, next month I will try to put excel sheet with actual trades including number of lots.)

Total trades closed in profit : 29
Total trades closed in loss : 16

1 comment:

  1. • NYMEX Gold December future is trading on a gung-ho note, up around 4 percent to $ 1,322 an ounce.
    • Silver December contract has jumped 2 percent at $ 18.718.
    • Platinum January 2017 delivery has gained 0.5 percent at $ 1.009.
    CapitalStars

    ReplyDelete