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.

Intraday Trades - 10.03.2014

Intraday: Mkt gap down from PDC. The first Big Green candle gave me a hint to go Long. Waited for a Pullback to move above PDH.
1) Long on the break of Today's High after a close above PDH. Too Bad judgement made in hurry ended with my SL. No Shorts taken as MBB was always Up. mkt gave a Pullback on PDC around 13:30, but as PDH was just above, didn't take.
2) Again a Long on BPB of PDH just after a beautiful hammer. Was in a Call, whose SL was taken out with a sudden fluctuation. So, left out of the total move. Profit booking came in end signaling a probable Pullback from tomorrow..

Intraday Trades - 07.03.2014

Intraday: A Trending day with Gap Up. These all time highs always seem difficult to me, as Profit taking can come anywhere. Took too many trades with tight SL. A 100 pt day with no good trade.
1) Short on the Hammer on UBB. Closed when there was a Tag on LBB at no Loss. I was expecting till PDH.
2) Long on the BOF of Day's open followed by a Tag after crossing pivot. A big Red candle stopped me out.
3) Tried a Long, but order not filled at good rates on the Breakout marked in Pink. from 6531, mkt moved down with Profit taking.
4) Short on the close below MBB (although it was a Bullish mkt). Stopped out. Bad judgement.
5) long on the break of Pivot as BOF of BRN. MBB up. Closed on same candle, as it formed an inverted hammer.
6) Long on the Break out candle closing above UBB. Closed in big Red Candle.

Problem today- Over trading with every signal found. Will reduce no of trades from Monday..

Intraday Trades - 06.03.2014

Intraday: Mkt Open up. Moved down sharply & took a bounce from PDH.
1) Took a Long on BOF of PDH, when price crossed Day's open. Closed at FTC of UBB at no loss. It moved down forming a Range.
2) Long on the Hammer on LBB. Closed when an inverted hammer formed on UBB. Was looking for a short entry after Inverted hammer, but price didn't give any followup.
3) Long on BPB of Range High, when candle close Outside UBB. I was expecting it to go till BRN 6400, but it moved higher. Was cautios as mkt was at all time high. Closed at my SL in Big Red Bar. 30 pts.
No further trade..

Intraday Trades - 05.03.2014

Intraday: Today was a tough day. Too many signals with DP above/ below them.
1) Short on the break of Pivot low. Took it as BOF of range high with MBB down. Closed it, when it formed a Shooting star with follow up green candle. Didn't take Longs here due to MBB direction. Was expecting market to go till BRN as there was no DP in between.
2) Mkt Completed 3rd push as a Close outside LBB. Then there was a FTC & a close above MBB called for Long, but avoided. R:R not good as PDC, PDH were just above.
No reliable signal till end.

Intraday Trades - 04.03.2014

Intraday: Was Out for the day & missed the great up move.  Though Mkt was bearish yesterday & global clues were also bearish, but Price refused to go below Yesterday close was the first sign of strength. Two trades emerged today, if i would have tried-
1) Long on the BPB, when price crossed the recent Pivot high. No DP in between till PDH. The area was like a Fluid. Price halted at 1 place & at BRN, we could book profits as there were 2 DPs together.
2) Another BPB on BRN. Closing could be done in the last range/ break of MSP.
In last, there seemed a TRAP pattern which didn't worked out.

See MBB is always UP, so no question of short !!

Intraday Trades - 03.03.2014

Intraday: Global indices were giving a negative clue, but market didn't gap down. It took support at Day's open making it a BOF long. I was hesitant there, but once it closed above UBB, i started looking for opportunity to go long.
1) Long on the Pullback, when mkt crossed the recent pivot. Closed when it formed a range at PDH. The long tails were suggesting that up move was over.
2) Short on close below MBB at BOF and FTC of UBB. Waited for few time & it started breaking all DPs. Closed the trade, when price made a Tag on LBB. Good 50 pts.. Off for the day.