Trades in this move :
3rd May (-) 5224 c/o
7th May + 5040 c/o = +184
8th May (-) 5100 c/o = + 60
9th May + 5010
(-) 4990 Exit = (-)20
(-) 4986 c/o
10th May Cntd.
11th May + 4925 = + 61
(-) 4975 Exit = + 50
(-) 4933 c/o
14th May + 4942 = (-) 9
(-) 4934 c/o (-) 8
15th May + 4913 = +21
(-) 4933 Exit = +20
+ 4937
(-) 4934 Exit =(-)4
+ 4932 c/o
Total : 184+60-20+61+50-9-8+21+20-4 = 355
16th May (Carrying Positional Long)
-4848 (+16)
+4828 (+ 20, Positional Short triggered)
Intraday Long +4842 (-14) exited 4862 (+20)
Positional Short at 4862
(Gain: 16+20-14+20=42)
17th May Carrying Positional Short
Intraday Long above : 4915 (Did not trigger)
Remained short in Positional)
No trade in Intraday
18th May (Carrying Positional Short from 16th May at 4862)
Long above 4810 : Did not trigger
Intraday Long above 4781 (Triggered)
Above 4812 it is Positional Long also, enter one more long at 4812
Exit one lot intra at 4831 ( 50 points) and continue to hold Positional long at 4812
(Gain : 81+50=131, and holding long from 4812)
21st May : Carrying Positional Long
Intraday short at 4909 (
Covered at close @ 4884
Would have turned Positional Short below 4869 but did not happen. Carrying Long at 4884.
(Gain : 97+25= 122, Long from 4884 now)
22May 2012 Carrying Long 4884
Intraday short below 4905, did not trigger initially, triggered at~ 1 PM, also turns Positional Short below 4892
Short at 4905 and at Positioal short at 4891. Exited Intraday short at 4865. Holding Positional Short from 4891
(Gain : (20+40) Holding Short from 4891)
23may 2012 (Carrying Shot 4891)
Intraday long at 4811 SL 4807
Positional Long at 4855 Did not trigger
Long again > 4807, trade not taken out of fear!! Carrying positional short.
Gain: 80-4 = 76
24th May Carrying Positional Short 4807
Intra day Long > 4852 triggered
As it Will become Positional Long also above 4852, we carry 2 positions, one for intraday and one positional.
Exit intraday Long at 4902 (50 points) actually exited both positions due to error. Entered Long again at 4889, SL hit at 4867, went Intraday short at 4867, Short exited at 4857 as long trigger at 4857, as positional is long too, we carry two positions, should have exited one Long at 4897 but exited both again, again long ~4900, carrying Positional Long 4900
Gain : (-)45+50+50-21+10+50=94, long at 4900
25th May Carrying Long at 4900
Sell at 4879, SL hit at 4918 , long again at 4918
Sell again at 4799 but did not trigger, holding Long for Positional
Gain : (-)21, (-)39 Carrying Long at 4918
28th May Carrying Long positional from 4918
No trades intraday, holding Long, NF closes at ~ 4987
Gain : (-)45+50+50-22+10, Long carried at 4857
we carry long if close ~4852
Profit since 3rd May : 355 as posted earlier + 42 +131 + 122 + 60 + 76 + 94 - 60 = 820 + 70 Position open
Acknowledgement :
SH (Trade with Hunter) for 315 crossover
Shravan (ccmb) (for Intraday perspective)
rkkarnani (for suggesting taking only Contra trades in Intraday, and to track it in smaller TF)
Have received a few PM's and a post here too to look at SH's Greater Fool Zone thread and other thread by SH... considering the moves the present systemis catching I would rather delay incorporating any tweaks at present. I do understand that a small period of less than 1 month may not be enough to rely on a strategy!! Will continue to maintain my trade diary per my present strategy!!!
I started actual trading from 15th May close only, and have in hand a nice profit of 394 points and unbooked profit of ~ 60 points in present trade!!
