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.

Tuesday 11 March 2014

Intraday Trades - 11.03.2014

Intraday:  An Open Lower than PDH. Mkt moved fast towards PDH, but couldn't make it. Then a steep fall. Mkt formed an Initial Range. A Tag on LBB gave a signal to go Long, but no good point to enter.
1) Short on the break of PDC after a Tag on UBB. Closed when a range formed after FTC with a hammer.
2) Long on the Tag on LBB in Ranging market. Closed at 2nd Tag on UBB. Mkt formed a range & then moved south. Didn't go Short as PDL was just below.
3) Long on the BOF of Range low. Got stopped out with big Red candle.

2 comments:

  1. Hallo,
    god trading set up.
    Do you restrict yourself from trading after getting few/targeted points intraday or you trade each signal?
    How much points you expect per day and month and how much you get success in it? I mean consistently you get 200 /300 points? Or emotion play'sits part?

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  2. Hi Shree,

    Generally I restrict myself to 3 trades.But over-trading happens sometimes.. & my Target is average 20 pts a Day in NF or 10 pts a Day in Options (i trade options in 2nd half of the month till expiry). I am making it consistently..

    Thanks,
    Deven Malhotra

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