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.



Tuesday 10 January 2012

10Jan 10:00 Close

Prices closed at 4798 .

Lets see the important lvls .
Hour High ema 4767
Day 5 Ema 4758
D high Ema 4779

The very simple system which says to buy as prices close above hour high ema generates a buy at 10 :00 close now.
So buy at 4798 SL= day low for now then it moves to close below hour low ema .