Seeing the 15min Chart as is.

[jamit_05]

Breakout failures are usually fast, unlike this one. It is facing a resistance from 15min ema15, which is unusual. Hence, got rid of half long position.

 

[jamit_05]

Breakout failures are usually fast, unlike this one. It is facing a resistance from 15min ema15, which is unusual. Hence, got rid of half long position.

Reversed to shorts at 45

 

[jetking]

u are using HOD/LOD for entry

use pivots to get an early entry

 

[jamit_05]

u are using HOD/LOD for entry

use pivots to get an early entry

I do refer to the 15 min chart for level formations. In their absence, HOD or LOD or previous day HOD or LOD are best bets.

I figure, if I am able to capture a move then fine tuning to gain 10 odd points more won't really matter.

 

[jamit_05]

Intraday trend is down/flat, but is finding strong support at hourly ema15.

SAR above 60;

 

[jamit_05]

shorted below yestday's low @ 20;
SL 10 pts.

Long @ 30

 

[jamit_05]

Long over 84 --SL Hit

Long again, over 78 --Holding.

 

[jamit_05]

Today's bias: Bullish.

Got out of an earlier long trade with half the initial loss... it was a drawn out battle

Partial long again at downside-Breakout failure.

 

[jamit_05]

Last friday, price moved in the last hour... i guess anti-trend fridays are a little quirky.

Will add to longs over 30
SL for current partial long positions 16.85;

 

[jamit_05]

Had no structure to take-up this monster up-move... it changed the hourly trend and gave a fresh long in 5 and 15mins, which I missed...

However, a short entry seems to be in the making. Such short entries have good potential because the trap the Longs...

Short 87.50