Augubhai's notes - Smarts, Guts and Luck

[augubhai]

reversed to short at 5760, SL 5770, T1 5710

 

[augubhai]

now i am hoping that 5765 is a strong resistance

 

[augubhai]

reversed to long at 5769, SL 5760, T1 5808

 

[augubhai]

reversed to short at 5760, SL 5773, T1 5720

 

[augubhai]

reversed to short at 5760, SL 5773, T1 5720

closed at 5754

 

[augubhai]

 

[augubhai]

Disclaimer:

Some of the terms that I used on the charts have been picked from other TJ threads and form the NiftyNirvana blog. However, I may have interpreted the terms differently, and used it in a spirit different from what the authors intended. In other words, i am too stupid to learn, and have used the terms incorrectly.

If anyone wants to understand the terms correctly, they should probably go to the original source to get the gyan

 

[augubhai]

Today, I am planning to play the targets differently. I will still keep those Fib multiples, but as soft targets...

 

[augubhai]

1 trade:

Short at 5732, SL 5744,

T1 (soft target for 50%) at 5708

 

[augubhai]

reversed to long at 5730, SL 5724

T1 5754