MCX Silver Real Time Trading Log - 20% ROI

[SaravananKS]

Re: 10th Trade

Sir,

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlesticks_and_sup

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlesticks_and_res

Please go thorugh this links and understand the Support and Resistance along with candlestick patterns..

Then plz come back with ur questions,let me try to clrify ur doubts..

Thanks for Links and Impressive Trading Log.....
The given Links are explaining mostly Candle sticks patterns.Can I Know how you are getting support and Resistance???

 

[marimuthu13]

Re: 10th Trade

Thanks for Links and Impressive Trading Log.....
The given Links are explaining mostly Candle sticks patterns.Can I Know how you are getting support and Resistance???

Sir,

support and resistance are from pivot levels..

 

[marimuthu13]

11th trade

Sell May fut cmp 54790 SL 54890

Tgt 54550

 

[marimuthu13]

11th trade

Sell May fut cmp 54790 SL 54890

Tgt 54550

those missed a movement, can sell at 54770 Sl and TGT same

 

[meherp]

those missed a movement, can sell at 54770 Sl and TGT same

Sold 3 mini.....

 

[marimuthu13]

those missed a movement, can sell at 54770 Sl and TGT same

two time got selling price at 54470..(9.30 pm and 9.50 PM)

Now revise SL to 54850 (loss of only 80 points if SL HIT)

If SL or TGT not HIT then system will square off position at 11.05 PM..

 

[trade2411]

Hello Sir,
I work in chennai for a reputed MNC as deputy manager..

Thank you very much your positive comments on my trade log..

Hi ,

So , whats your plan like.. Do you plan to start full time trading ..

 

[marimuthu13]

two time got selling price at 54470..(9.30 pm and 9.50 PM)

Now revise SL to 54850 (loss of only 80 points if SL HIT)

If SL or TGT not HIT then system will square off position at 11.05 PM..

11th trade : My position closed at 54647 with profit of 123 points..

 

[marimuthu13]

Summery till 19th March 2013

total no of trades - 11 trades
Total cumulative profits 1465+123= 1588 points

No.of trades TGT hit - 7 trades

No of Trades SL hit - 3 trades ( 2 trades HIT tgt after removing my SL)

NO SL and NO Tgt - 2 trades (but both in positve close)

 

[marimuthu13]

Hi ,

So , whats your plan like.. Do you plan to start full time trading ..

sir.. i would reply your question little later..