Tamil trader - signal to signal trading system - 2014 diary

[Tamil trader]

Today Trades Summary (06.01.2014)

Trade 1: Long = 5892 to 5895 = 3 points profit only

Trade 2: Short = 5890 to 5899 = 9 points loss

Trade 3: Long = 5899 to 5886 = 13 points loss

Trade 4: Short = 5886 to 5846 = 40 points profit (Closing price basis, still holding short position)

Net Profit = 3-9-13+40 = 21 points profit less 12 points brokerage = just 9 points only profit

due to mixed trend in the morning, two small wrong trades done for finding the trend. currently holding short position

today total cumulative profit is 27900 less brokerage is 15000 rupees profit for 14 lots trading , and for 4 trades today

 

[Tamil trader]

Yesterday short position close price is 5846

now, it was covered at 5870 = 24 Points loss now

Now, Fresh long has been taken from 5870

 

[santhosh2010]

 

[Tamil trader]

Santhosh ji,

What is your target for the long position above 5900? and tell me the stop loss also.

 

[Tamil trader]

Intraday traders may buy crude at current price 5865 with stop loss of 5838 for the target of 5895 and 5915

 

[santhosh2010]

Santhosh ji,

What is your target for the long position above 5900? and tell me the stop loss also.

Dear TT,

i will update target and my stoploss when the trade will execute.

 

[Tamil trader]

Crude is trading very choppy......5856 to 5879 = Just 23 Points movement only till 5 PM.

 

[arunnairs]

i bought 1 lot @ 5870

 

[Tamil trader]

Crude long position taken at 5870 was sold at 5856 with 14 Points loss

And Fresh short was taken at 5856 again

 

[Tamil trader]

5830 is the important support for crude. if it is broken, we can see 5750 to 5770 levels