Friday, 30 October 2015

30.10.2015




Entry 1 - Joined at 10:24, but identified the Entry 1 at 10:30 when prices Bounced again from IRH after PB. Did Not Enter at the PB because I was not much confident as Next FTA was near. Thought that exact low risk entry was at PB of PDC only. Entry Avoided.

Entry 2 - Went Long when Prices has given a TST-FTC signal of IRH and Prices found support at Minor Up Trend Line. Had to scratch the traded when prices comes down due to micro SL Management.

Entry 3 - Short at Entry 3 for the following reasons:

1. Prices had broken the Minor Up Trendline
2. Very fast and wide rejection of last attempt to test the previous swing high shows bears had taken the control
3. Prices had failed to take support at IRH third time.

Trailed the position with Swing Points and covered as marked. 

5 comments:

  1. Vikas

    Nice blog and nice trades, especially the third one. You entered at very good level. I waited for the PDL to crack first. Keep it up. You have all the makings of a good trader.

    URD

    ReplyDelete
    Replies
    1. Thanks for the encouragement. Still a long path to achieve the level of yours and Rajesh Sir. Hope you will continue to guide us in our progress path.

      Thanks

      DPT

      DPT

      Delete
  2. DPT,

    Which S/w are you using for this RT charting? Also, which s/w to transfer RT data?

    Sam

    ReplyDelete
    Replies
    1. Sam

      I am using Zerodha Pi Software which is a charting software and there is no need to transfer the RT Data as Pi is itself is a charting software.

      Thanks

      Delete
  3. This comment has been removed by the author.

    ReplyDelete

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