This is my trading file to organise and jot down my take on the market .I do Technical Analysis. This blog is to keep track of my baby steps so that I can look back at my journey .Looking back tells me how far I have come from days when I knew nothing and can go further .It gives me motivation to keep going on even when I am tired. One has to back up trading with their own studies. The charts I post here are 99% inspired from Ilango sir.



Friday 15 June 2012

15th June Intraday

9:45 AM

I see Open and Low same so far in a 30 min candle .
ORB 5069-5096
watching for ORB break with Macd crossover , Ss Divergence .
My trade Plan for the day .

If 5096 breaks with +ve divergence in ss and macd crossover , then BUy with 20 ots SL . Also 5084-5095 is the resistance zone above which prices may further go up .
also 123 strategy calls for a buy on break of 5096 to up.

IF 5069 breaks with -ve divergence in ss and macd crossover then sell with 20 pts sl.

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