Manoj's Trading Diary

[manojborle]

Done for the day

Entry 8151, Add 8172, All Exit 8192

 

[manojborle]

Trade Plan for 2nd Jan

Demark Trendlines:
Negative reversal in RSI which happened on 1st Dec has target of 7629.

Supply line breakout is invalid.

As it is an Up Close today breakout above Supply line will fail.
If Spot nifty opens above 8214 then it will be valid breakout with target of 8593.

ADX has started sloping down which indicates retracement in Downtrend is in progress.

Dec 12-15 8230 was a stiff resistance and there was a gap between 8230-8242 which can be filled and will act as resistance.

SUPPORT: 8176, 8047, 7944
RESISTANCE: 8280, 8291, 8414

 

[godfather]

Manoj when do u start real time trades. It seems u r doing well in Paper trades.

Happy new-year...

 

[gb83930]

Good morning everybody

I will start posting my trades here, as of now they will be paper trades as i am just back from ship.
I will also share strategies I have learned till now.
I trade basically with indicators ADX and RSI for intraday. These are used for entry and exits. I use Supply Demand zones, Demark Trend lines and fibonacci retracements in higher time frame to decide the market trend/range.
My trading timeframe is 3 minutes and I use daily chart as higher timeframe.

All members are welcome for suggestions and healthy criticism.

Thanks

Good to hear u to enter this market with real money. All the best.
I am also entering from min January
Do u post ur calls here in real-time with charts


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[gb83930]

Manoj when do u start real time trades. It seems u r doing well in Paper trades.

Happy new-year...

Please develop a strategy for NF positional trade

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[manojborle]

Manoj when do u start real time trades. It seems u r doing well in Paper trades.

Happy new-year...

Thanks
I have already started trading realtime. As per rules I can not post any trades here in realtime and also its distracting when in trade.

 

[manojborle]

Please develop a strategy for NF positional trade

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I am working on positional strategy and will soon come up with the details here.

Thanks

 

[manojborle]

Happy new year everyone

 

[manojborle]

http://prntscr.com/dqkq1r

 

[psrjt]

is bullish diergence and positive reversal are same if different can you point out the differences .