18-10-2012 Trade dairy

Good morning

Today's JN SAR - 5686  Day's Pivot 5660


SS lines are showing positive cross over in 60 minutes chart.  I will need to wait for negative cross over or JN SAR.

10:35  Negative cross over seen in 30 minutes chart.

JN SAR long triggered bought 4 lots @ 5705, 1 for reversal, 2 for fresh long, 1 for SS cross over.

I made a mistake by 1 point.  I took long on cross of 5685 instead of 5686,   I will wait for 10 minutes for reversal.

11:35 Now triggered.

Small resistance in nf.  It will need to clear it to go up, but JN SAR trade I have to take as per rules so took it.

Trailed stop loss for SS trade long @ 5710.  (price made a high of 5731 so far)

12:08  Exited SS long @ 5720.  (in 5 minutes chart price is moving sideways, I have booked profit as I am expecting my stop loss may get hit, as we have taken position due to JN SAR hit and not due to cross over, means we have taken long after cross over has already given some points.)

12:38  My trailed stop loss of SS trade was 5710.  Price made a low of 5713.  Did not hit my tsl till now.

12:44 SS lines in 30 minutes chart are over lapping to give negative cross over.

12:50 My TSL hit for SS trade now .  (I already booked profit in this trade.)

1:03  Is price touching trend line and going up ?

1:12  Small positive divergence in 5 minutes chart. (Many seniors say we always can interpret what we want on charts)

1:17  This positive divergence has given 10 points.  In my paper trade.