VishyVishy's MCX Trades

#1
About start trading after a long long gap from monday 6 June 2016.
Just want to record my performance in discretionary trades in MCX.
Bought a New software License from another friend's advice. Looks ok. But in Real market If it works for me or not, that we will see.
Capital @10,000/-. Approach will be aggressive one. I might blow my account soon. So don't try to copy my trades. Only try to learn from loss or profits.
If anybody wants and if permitted, then I will post my trades with live Screenshots; If not then otherwise let it be a Simple Daily Trade Record for reference purpose of of mine & all to learn from.:thumb:
 
#4
Have Taken NG Short @164 with 165.10 SL ... I expect it will fall...Should have shorted at 164.2 but missed :(...So Out at 163.7...Will wait for price to go at my level again!

 
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#6
...Enough for the day! @+700 Gain Today!

Update:- Couldn't resist the temptation and went short in NG again @163.20 with 163.8 SL ...Let us see!


That went south :( ... -875 today
 
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#10
This is a discretionary system. My expectation my go wrong today.
I was already gap up so why would it come down?
My arguments were,
1) It is historical high and on weekly charts it is touching resistance
2) It is Active Volume bar shown by mild green coloured candle. So It is Good Candle to take a 50-50 chance because there is a chance you get good RR if your tukka is right.
3) If some pattern happens in yesterday or day before that, it likely repeats itself in comming next two days is my experience. What I am expecting here is failed Gap up pattern which we can see two days before today. I Feel it will repeat today.
4) Right now I am seeing No demand bars. Bars which lack volume. They may be No supply bars too. But Total Sellers are more in market depth than buyers so I am betting This as No Demand Price bars ... so after some waiting NG is expected to fall.

Counter Arguments are
1) I am going against trend anyway. I am betting for correction which might prove wrong.
2) Market is Gap up. So there must be demand for it to be gap up. It is infact above yesterdays high.
3) Volume activity is gone right now so anything is possible

So let us see...
 

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