I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.

Friday 28 February 2014

Intraday Trades - 28.02.2014

Intraday: Mkt moved in a small range today. Attempted 3 trades-
1) BOF of PDC with MBB down. Mkt whipsaw there coming back above PDC. Ended with my SL. It wasn't a good trade as BB were converging to form a Range. Range formed & price gave 2 tags on UBB.
2) Again a Short on BOF of PDC with close below MBB. Got 10 pts closing it on the hammer formed at LBB tagging it.
3) Long on the BOF of PDL when price crossed the recent pivot. MBB turned up, what i was waiting. Waited till end & closed there.
No further trade..

Wednesday 26 February 2014

Intraday Trades - 26.12.2014

Intraday: Today was an Expiry day. A signal came on Day's open to go long. Didn't find it reliable. I was expecting it to go till PDC. No trade today..

Tuesday 25 February 2014

Intraday Trades - 25.02.2014

Intraday: Mkt open up from yesterday, moved, but as MBB was down, i was looking for a short entry.
1) Short on the BOF of day's open with MBB trending down. Thought that it will end up in PDC, but it moved down. Closed in the range after hammer in 3rd push. This hammer was a Long trade but didn't have confidence due to MBB.
2) Long on the BPB at PDH/ PDC, MBB trending up. Mkt moved in the opening range & made a range where i booked.

Monday 24 February 2014

Intraday Trades - 24.02.2014

Positional: 6200 ~ 6260 is a decision area. There is a clear Gap acting as Resistance. OI is also building up in favor of Shorts. Planning to short positional at this area (only Concern is close above UBB in daily chart)
Intraday: Trading options due to expiry week. First Candle was a big Hammer. Price stall there for a while, but didn't cross the LOD.
1) Long when price closed above UBB. It was a follow up candle of break of Day's open & a small range. Closed, when a range formed around 6210.
2) Another long on BPB of range high. This didn't move as expected & closed with just 3 pts.
3) MBB was continuously up so looked for Longs only. A possible trade was TRAP of Major Swing point, which didn't take due to lack of time.

Friday 21 February 2014

Intraday Trades - 21.02.2014

Intraday: Price moved down after Open. Waited it to settle down. 3 Trades-
1) Long, when price moved up breaking recent Pivot and UBB. Closed when a range formed.
2) A Short on Range High as BOF with crossing of MBB. A Range formed with PDH as middle point.
3) A Long on BOF of Range Low/ PDH. Closed in the end.

Thursday 20 February 2014

Intraday Trades - 20.02.2014

Intraday: A gap down day. Global indices are also red. Was thinking of a Down move.
1) A Long on BOF of Low of the Day. Closed it on PDL as i wasn't expected much.
2) Short on the BOF of PDL. Was expecting to break LOD, but ended with my trailing SL.
3) Again a Short on BOF with a Tag on UBB, It moved Ok. Covered on Day close.

Wednesday 19 February 2014

Intraday Trades - 19.02.2014

Intraday: A very Ranging market today..
1) Long on the Breakout candle of Opening Doji. Thought it as a BOF of PDC. Closed it before SL. Mkt made a big range full day. Started looking for BOFs at Range extremes/ UBB/ LBB.
2) A Short on the Tag at UBB at Range High. Closed at Big Green Candle at Range Low/ LBB. This candle made a Hidden Hammer (if Add up to last Big Red Candle).
3) A Long above the previous green hammer. Was little dubious, but trade confirmed, once it stalled above MBB. Closed with day.. Didn't expect that much in Longs..

Tuesday 18 February 2014

Intraday Trades - 18.02.2014

Intraday: OI has shown that 6100 will definitely hold with 6200 as 1st resistance. Was out in the morning session and left the entire 30 pt move. Took 2 trades in 2nd half-
1) Short on the Shooting star on UBB in 3rd Push to UBB. Closed with quick 10 pts.
2) A Long on BOF & Hammer on LBB in a TRAP pattern. Closed with 10 pts again.
No further trade as too less time left..

Monday 17 February 2014

Intradat Trades - 17.02.2014

Intraday: Today was an easy day to guess but sitting Tight was difficult... An Inside Gap Up. Signals were clear- a move towards PDC & then to today's High/ BRN..
1) Short on Break of MBB & today's Open. Closed when it refused to go below PDC
2) Again a Short on BOF & Tag on UBB. Ended with my SL.
3) Long on Hammer on LBB as a Tag. A fast move, but gave only 10 pts.
No rerliable signal found for last move, & left behind..

Friday 14 February 2014

Intraday Trades - 14.02.2014

Intraday: Mkt gap up in the morning & was slow. Was expecting to stop at PDL & it stopped at BRN. waited to form a Range. A BOF happened at UBB with Close outside, then a TAG & finally an FTC of UBB.
1) Short on close below MBB and Day's Open. Closed at Hammer at PDL as 2nd attempt failed to go beyond PDL.
2) A fast reversal with Strong Bull candle after Pullback. Long when closed above MBB & then started again towards north. Closed in the end.

Thursday 13 February 2014

Intraday Trades - 13.02.2014

Intraday: A Trending Day after NR7 Day. These day's generally make up for few loosing days !!
1) Short on the Close below PDL & LBB after pullback. Closed at the Hammer as FTC of LBB. Was expecting mkt to make a Range & then give a BOF signal. But it didn't even touch the UBB twice.
2) Again a short on 2nd FTC of UBB & close below MBB + Range Low. No signal to get our till the end..

Wednesday 12 February 2014

Intraday Trades - 12.02.2014

Intraday: Although US DJI was +200 pts, but Mkt gap up with a few points only making me think that its not gonna go Up more.
1) Long on the BOF of BRN, when price closed above MBB & sustained there. Closed when there was a Tag on UBB.
2) Short on the touch on Flip Zone when Support becomes resistance. Closed on Hammer at PDH.
3) Shorted on the break of Hammer. It was a Big Head & Shoulder Pattern. Although, I am not a fan of Price Patterns & usually prefer to trade against them. But assumed that many SL will trigger below PDH. Proved Wrong & ended with my SL.

Tuesday 11 February 2014

Intraday Trades - 11.02.2014

Intraday: A bad Day with no reliable trading opportunity. No Major DP touched. Took a single trade-
1) Long on the BPB above day's Open, but gave my SL, when it gave BOF of Day's Open. Could have entered better on the BOF of range Low (Pivot break)
Didn't Traded further, Mkt kept ranging tightly for whole day..

Monday 10 February 2014

Intraday Trades - 10.02.2014

Intraday: At mkt open, it seemed that market will got to PDC, then will go for a Long. It behaved exactly in the morning, but not in the eve..
1) A short on the break of 1st 5 min candle. Went Beyond the PDC with each close lower & below LBB. It was the third close with Inside Bar, but i refrained from getting out & waited more. I was expecting a pullback only, & got stopped out at MBB.
2) Again a Short below the PDC with close below LBB but still SL hit again.
3) Long on the Hammer on LBB as it was a Tag on LBB & Day's Low. Closed with few points
Didn't take any more trades as it was already 3 Pm & left the last move.. Not a good day

Friday 7 February 2014

Intraday Trades - 07.02.2014

Intraday: A Gap Up made me think for Long, but there was no Follow up. Even the PRice couldn't close above Day's Open.
1) Short on the Hammer on UBB as the Mkt was Ranging. Ended with my SL.
2) Again a Short on Inside Candle on UBB in Ranging Market. It was a TRAP pattern of MSP. Closed at PDC
3) A Possible trade was a Shooting star- 3rd time on LBB. But wasn't confident & was left behind.

Thursday 6 February 2014

Intraday Trades - 06.02.2014

Intraday: Mkt opened Flat. Gave an FTC of UBB & with a stall below MBB, i was planning for shorts. Market moved too fast & my orders didn't fill up at my rates. Waited for a Range & took a trade-
1) Long on the Break Out of Range Hi after a Shooting Star at LBB. Went Directly into Fluid. waited till there was an FTC at UBB & then closed at PDC.

Wednesday 5 February 2014

Intraday Trades - 05.02.2014

Intraday: Was Expecting a Flat Opening, but Mkt gave Gap down. Took 2 trades today-
1) Short on the BPB on BRN. was not as good trade as was expecting. Waited too long & Closed at No Loss.
2) Long on the BPB of BRN. Price earlier gave a FTC on LBB, Mkt became ranging & a stall above MBB made me think to go long. Closed with 30 pts.

Tuesday 4 February 2014

Intraday Trades - 04.02.2014

Positional: Closed my Positional Longs at Gap Down Opening near LBB, initiated on 30.01.2014 near 6150. I don't like 2nd/ 3rd Gaps in my position, as it states the end of move many a times.
Intraday: Mkt gapped down, but didn't go below day's low. Price started moving towards BRN. A Hammer on UBB with BRN at 3rd touch made me think for a Short.
1) Short below the hammer. Closed at Tag on LBB
2) A long on LBB as Mkt was ranging. Closed when a rang formed near UBB.
3) BOF of BRN maded me think of a short. Entered short, but mkt proved me wrong & Stopped me out. Move till PDC was evident..

Monday 3 February 2014

Intraday Trades - 03.02.2014

Intraday: Mkt opened with a gap down. The whole day, Bias was bearish & a Trap patter occurred in between the trend.
1) Short on the break of Pivot after close below MBB. No sign of recovery till it hit 6050. Closed there at my trailing SL. Along trade was there with a Close above MBB, but refrained due to Bearish bis.
2) Another short on the break of Master Candle (Hammer) on 6050. Sat till the end.