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.



Wednesday 27 June 2012

Today whole day , we traded in a very narrow range .
Moving averages were telling one story and EW was telling another .
different methods were not complimenting but contradicting each other so stayed away and was just watching the screen and where prices are going ..

There was this point for short trade when nifty touched day high was not able to sustain , unfortunately it came during my break from terminal between 12:45 to 1:15 .
Did take a short trade and made some tiny points , which did not stay with me for long as I shorted again when it broke the low and came out with a min loss as it broke the channel I drew touching the highs today.

Tomorow is a holiday for me , see you all on Friday.

Trading 27th June 2012

I updated the EW counts page yesterday ...Kindly check that for todays trading lvls .

http://mytradingfile.blogspot.in/p/ew-20th-june-2012.html