HAPPY's Trading Dairy

[Happy_Singh]

BNF

The gap-up on second time on consecutive days confirming the upward bias.

Now 400 points away from the recent bottom on daily charts . . .

Note that the TREND on daily remains Down,
but it is a rally in that downtrend that we are trading,
so we will go with the direction of this rally,
this nicely matches with trend on our TF i.e. 10 minutes
as the system is long from yesterday

currently price up move halted at round figure of 11.5 K
but 11650-700 zone seems to be the resistance,


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[Happy_Singh]

NF is now long even on the Daily TF

The next Resistance zone will be 5850/70

We gaped-over the previous @ 5700

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[Happy_Singh]

First accept that gaps happen. . . the rest is easy, with stops in place, just hold the initial longs and hope for a trend day . . .

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[Happy_Singh]

BNF: 11650-700 zone seems to be the resistance

NF: The next Resistance zone will be 5850/70

Most of the days the classical TA using simple Trend lines & S/R works far better then all the Super-Sonic Rocket Jet AFLs put together

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[dell]

happy ji , which software r u using for charts , if amibroker than datafeed plz
charts r very neat and clean

 

[Happy_Singh]

Hello

Long from first bar on both BNF & NF . . . trend continuation trade . . .doing great for now

happy ji , which software r u using for charts , if amibroker than datafeed plz
charts r very neat and clean

Yes its Amibroker and currently data using RTNest.xlsm downloaded from TJ



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[Happy_Singh]

Hello

BNF long from second bar (close @ 9:30). Watching for both Breakout or BOF


Happy

 

[Happy_Singh]

BNF long from second bar (close @ 9:30). Watching for both Breakout or BOF

Phussss . . .


OK, Next :thumb:


Happy

 

[Happy_Singh]

BNF long from second bar (close @ 9:30). Watching for both Breakout or BOF

Price did make an attempt to cross 11750 on BNF but move fizzled out taking the TSL . . .

Did not take the short trade at that point, 10:30 was good entry point

Eventually short from 13:30

Over all looking like a sideways day, with -ve bias, where in NF looking to make an Inside Day and BNF looking to make an Outside Day


Happy

 

[Happy_Singh]

Eventually short from 13:30

Carrying that short from yesterday seemed silly, anyway was quite ready for a gap-up opening . . .

Added at open and now looking for further down move

Happy