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 19 June 2012

important #s for 20th June

5090 is Dema , Hour ema and also the pivot for 20th june Trading above or below it , can be strength or weakness.If we close above 5134 tomorow then week and day trend will become in uptrending mode.

Following can further gauge the momemtum ...

EOD 19th June 2012

Today was the day , I was determined to earn something out of the market .
And market on other hand was determined not to let me win , I did catch the bottom and top today but unfortunately in the opposite direction of market and my trades resulted in loss today .
Presently reading Frost and pretcher again ...to understand EW more and more .

They say trade a small qty , so that you can be in the race for long time ....me doing this correctly ..trading only mininifty.