LONE WOLF's Trading Diary

LoneWolf

Well-Known Member
Date : 5 May 2017

Friday was a great day to trade. All the 5 stocks gave short signal. I could not trade PNB and SBIN. But caught well for AXISBANK, TATASTEEL and VEDL





 

Satya.

Well-Known Member
This is what I have used.

Code:
Plot( EMA( C, 100 ), "", colorDarkGrey, styleThick|styleNoRescale);
I have only used a stylethick parameter. You can make it even more thicker using the width parameter. To use width you need to write something like this.

Code:
Plot( EMA( C, 100 ), "", colorDarkGrey, styleLine|styleNoRescale, Null, Null, 0, 0, 5);
it dint work for me :mad:
 

LoneWolf

Well-Known Member
when u shrt d 1st bar low,sl is at its high?
i feel risky shrting 1st bar low
I dont short/long 1st 5m bar everytime, it depends on how the market structure is being unfolding. for AXISBANK, VEDL, I kept the SL at 1st 5m high. In AXISBANK, it was a clear rejection of PDH and visual trend changed to down. All this happened in the 1st 5m bar itself. In VEDL, visual trend was already down, 1st 5m bar was a gap down and WRB closing at its low accelerating the down move. So I shorted the 5m low with SL at 5m high. But in TATATSEEL I kept the SL at previous mPH instead of 5m high as it was just a continuation of minor donwtrend impulse.
 

LoneWolf

Well-Known Member
A dull day so far in all my 5 stocks. Just one breakeven SHORT in VEDL. Trying hard to keep my hand in control from browsing youtube :D
 

LoneWolf

Well-Known Member
Date : 09 May 2017

Another dull day on banking stocks. GOt one good trade opportunity on PNB in the morning. But unfortunately could not time my entry, so had to let it go.





 

LoneWolf

Well-Known Member
Date : 09 May 2017

A good day to trade metal stocks. But I could not capitalise on TATASTEEL short as I could not understand the SHORT development realtime.





Remark : VEDL was a good short candidate with HnS pattern right near resistance zone. But I should have avoided taking the 2nd Add as it was close to square off time.
 

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