Trading Mini Nifty Daily Diary

[kdhrubo]

You are absolutely correct. Please guide me to a method with minimal whipsaws during range bound period. Also I am trying to do that for example the idea of 2 big candles as pointed out by TT

 

[kdhrubo]

Trade 15-09-2011

Today long triggered at around 11.15am. But position not taken as it is not supported by long green candles. Fresh long triggered at 1.10pm supported by 2 large green candles and rising RSI > 60. Enter long at 5010 book profits at 5080 as we are into > 3pm zone. Points gained = 70
Total points so far = 245
Sorry I could not post trades in few other dates.
The chart for today below

 

[kdhrubo]

Trade 16-09-2011

For a change a wrong trade
Short triggerred at 5105, and then SL triggered at 5125
Points today = -20

Total points = 225
# of loss trade = 1

 

[kdhrubo]

Trade 19-09-2011

No trade as per this method today.