Manoj's Trading Diary

[manojborle]

Trailing Stop @ 573

Trailing Stop @ 571.55

 

[manojborle]

Trailing Stop @ 1981

Trailing Stop @ 1969.5

 

[manojborle]

Trailing Stop @ 571.55

Trailing Stop Hit @ 571.55

 

[manojborle]

Trailing Stop @ 1969.5

Trailing Stop Hit @ 1969.5

 

[manojborle]

1st mistake of today, both the entries were on hourly chart and trailing stop was on 5 minute, got hit.
I feel once i got signal on hourly chart entry should have been on 5 minute chart and stop loss should have been on hourly or may be on daily chart.

Seniors please comment on this as I genuinely feel that my biggest problem is that I am not able to put stop loss, in fact trailing stop properly.

Can anybody suggest a way to trail stop ?

 

[manojborle]

[
Crude Daily Chart

[/QUOTE]

Buying pressure was @ 6075 and now crude trading @ 6095 made a high of 6100 and buying pressure on weekly chart is @ 6101

 

[manojborle]

Day 1 result:

Win Ratio : 100%
Payoff Ratio: Can not be calculated.

 

[manojborle]

Nifty update:

Selling pressure : 7635.5
stop loss : 7675
target : 7347.3

entry: 1) if market gaps down and opens below demand line (7538)
2) if during intra-day market breaks demand line @ 7538.

 

[manojborle]

Idea Cellular Daily

On Monthly Idea Cellular has given a breakout with entry @ 138, Stop Loss around 124(Closing Basis) and a target of 180.3

On Weekly chart, Price is between Supply and Demand lines, so Supply line breakout will give a Long entry.

On Daily chart, on Friday Idea Cellular has given a valid breakout with a long entry @ 140.8, Stop loss below 135 (Closing Basis) and a target of 155.6

UPDATE:
IDEA CELLULAR CLOSE 146.65 (4.2% INCREASE )
RESISTANCE AREA : 148.5 ~ 149.8, IF BROKEN WILL HEAD TO TARGET OF 155.6

 

[manojborle]

Crude Monthly Chart

Crude Weekly chart

Crude Daily Chart

UPDATE:

:clap::clap::clap:
CRUDE BROKE 6148 AND CLOSED @ 6181

TRADE 3 : LONG ENTRY @ 6148
STOP LOSS @ 6060
TARGET = 6403