visitor count

Thursday, 18 June 2015

LT fut 2015 Jun 18

0. opened comfortable above the PDC and went above PDH. It could have been considered buy. TP on FTC

1. TST-PDH is a buy with IRH as target. .. but need to TP as there was a FTC (profit : 2 points)

2. BOF-PDH is a buy again, with the previous swing top /IRH as target ..but need to TP as there was a FTC (profit : 2points)

3. BO- PDH was a sell , with IRL target, but there was very little space for this trade .. ( (profit : 2points)

Lets count daily : 6points

Tuesday, 16 June 2015

LT fut 2015 Jun 16

LT fut 20150616:

0. This buy is a failed signal .. (loss 5points)

1. IRH resisted ..hence a SELL with the tgt as PDL ( profit : 2points)

2.BO-PDL is a sell again.. when it failed to go down TP (profit : 0 points)

3. failure to go below LOD was a buy. TP when it failed to above HOD (profit : 14points)

Its possible to have lost if you have traded a buy signal in the circled area .. BO to above PDL .. (loss of 5points )

As usual hind sight analysis is easier than LIVE trading

Profit +6(lets count daily)

Friday, 12 June 2015

LT Fut 2015 Jun 12

LT Fut 2015 Jun 12:

Opened with in the Previous day range.. Formed an Intraday range.

0. Failure to go below PDL was a buy , but since the PDC is very near, it may not be a good idea to get in LONG (Profit :1 point)

1. Started trading below PDL. However there was no clear message of price BO- PDL. Its better not to trade these signal

2. After significanlty coming down, failure to go above PDL is a sell signal, which didnt go below LOD-1 at that moment...hence TP. (Profit :3 point)

3. Break below LOD1 is again a sell, but the signal failed to go below.(Loss : 10 points)

5. kind of double bottom, with LOD -2 holding .. is a buy.. however, the long green candle has already reached near the PDL with very less profit potential.. if you are clever you should not trade ..(profit :1 point)

6. Failing to go above PDL is a SELL... with very less time for EOD, we may not get commitment from day traders.. hence better to skip...

Overall the day could have been a LOSS day ...

Todays count : Loss -10points

Thursday, 11 June 2015

LT fut 2015 Jun 11

LT fut 2015 Jun 11:

Opened above PDH , but could not sustain, came down immediately.
As the FTA- PDC is nearby, no need to go for short.

1. Trading below PDC gave a sell signal, which immediately hit SL. (Loss: 5 points)

2. Trading below PDC again gave a sell signal, with target1- BRN, target2-PDL. It did reach target2.(Profit: 25points)

3. After hitting PDL, started moving UP again , gave a buy signal, which got resisted at 1700 spot , so TP ( Profit 2 points)

4. Formed a kind of double top at 1700 spot, which says its not ready to go up beyond 1700 spot, hence a short again with PDL as target 1. When it didnt go below PDL , TP again at 5.(Profit 10 points)

Profit / Loss : +32 points

Discalimer: It is a hindsight analysis and the profits are notional and not real unless really executed.

Wednesday, 10 June 2015

LT Fut 2015 June 10

LT Fut 2015 June 10:
Plan: As the LT was trading in a range the major part of the previous day, break out below or above shall be exploited...

Day opened & immediately the previous day range was taken out..
.. comfortably traded above PDH and the price was accepted above PDH.

1. Any buy within 10~15min of BO-PDH, would have easily fetched 5~10points..

2. TST-HOD gave a sell signal, which was so late to trade. Assuming that it was traded , it is possible that we would have closed EOD with no profit or loss..

As usual hind sight analysis is easier than LIVE trading

Profit +10(lets count daily)

Tuesday, 9 June 2015

LT Fut 2015Jun09

LT-Fut- 20150609

LT Fut opened near the PDC and traded within the previous day range, forming an Intraday range (IRH, IRL).

1. BO of PDL gave a sell signal, with a potential profit of greater than 5 points..

2. However immediately it recovered forcing to exit with no profit no loss

3. BOF-LOD gave a buy signal with the first target as PDL, which easily gave 5 points

Profit +5(lets count daily)