narayan07 - Trading Journal

[narayan07]

EOD 12Apr2013

AllBnk bounced off support @ 123-122 zone and retraced higher to hit our stoploss. Loss - 500

Hexware stock opened lower never hitting our price.

Andhra bank stock opened lower never retraced back to our price

Rcom..missed entry by 0.30 ps...

EOD closing bal = 54000-500=53500

 

[narayan07]

Rules modified -

Seems not getting correct entries so moving to higher time frame of 15 mins for entries.
Along with EOD closing trailing stop loss will also include trailing stop loss based on support and resistance depending on the type of trade.

 

[narayan07]

Trades for 14Apr2013

Intraday

Buy RCom @ 76.55..S/L @ 76.30...T1 - 78...T2 -80
Reasoning
STT is up...Kissing the UBB..both BB's pointing up...price moved higher but with lower vol
STS in overbought zone...MACD rising but MACDH constant

AllBnk
Buy @ 125.55...S/L @ 125.30...T - 127
Price closed higher as a SPH with bullish engulfing candles..
STT is flat...BB is flat with small candles suggesting a squeeze.
STO rising from oversold...MACD and MACDH no clear signal..

 

[narayan07]

EOD 14APR13

RCOM trade hit...Profit booked at T1 - 78...= 1450
Did not enter AllBank.


EOD bal = 53500 +1450 = 54950

 

[narayan07]

Trades for 15Apr2013

Intra
Buy AllBnk @ 128.05....S/L @ 17.80...T - 130
"Trend - STT is Flat
Price - Closed above median with bullish candles
Indicators - BB flat, STO turning up from 20, MACD and MACDH turning to BUY. MACD showing bullish divergence."

Buy RCom @ 77.1....S/L @ 76.85...T - 80
"Trend - STT is UP
Price - Closed above median with bullish candles hugging UBB
Indicators - BB Up, STO in oversold, MACD and MACDH in BUY. "

Swing
Buy JPAssoc @ 71.05..S/L @ 70.8...

 

[narayan07]

Did not enter any of the trades....EOD Bal = 54950

 

[narayan07]

Trades for 16Apr2013

Intra

Buy AllBnk @ 131.55...S/l @ 131.30....T - 135
Trend - STT is Flat
Price - Closed above median with bullish candles
Indicators - BB flat, STO turning up from 20, MACD and MACDH turning to BUY. MACD showing bullish divergence.

Swing
Buy JPAssoc @ 73.10...S/l @ 72.85...
"Trend - STT is UP
Price - Closed above median with bullish candles hugging UBB with incr vols
Indicators - BB Up, STO rising to 80, MACD and MACDH in BUY. "

Buy Hindalco @ 92.10...S/l @ 91.85..T1- 93.50
Trend - Flat
Price - Closed above median with bullish engulfing candles
Indicators - BB Flat,MACD and MACDH turned to BUY, STO rising from 50 and has bullish divergence.

 

[narayan07]

EOD 17Apr2013

Hindalco trade hit but fell to next support price @ 91.45..Loss 250
JPAssoc trade hit but fell till 91.70 and retraced..Loss 250

EOD bal = 54950 -500 = 54450

 

[narayan07]

EOD 17Apr2013

Hindalco trade hit but fell to next support price @ 91.45..Loss 250
JPAssoc trade hit but fell till 91.70 and retraced..Loss 250

EOD bal = 54950 -500 = 54450

 

[timepass]

EOD 17Apr2013

Hindalco trade hit but fell to next support price @ 91.45..Loss 250
JPAssoc trade hit but fell till 91.70 and retraced..Loss 250

EOD bal = 54950 -500 = 54450

EOD 17Apr2013

Hindalco trade hit but fell to next support price @ 91.45..Loss 250
JPAssoc trade hit but fell till 91.70 and retraced..Loss 250

EOD bal = 54950 -500 = 54450

Why the same post twice one hour apart ??

That way your loss will double maan... and no it doesn't work that way for the profits