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  #451 (permalink)
 
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 devdas 
Al,India
 
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18-Oct-2012 : Have most thing annotated on chart....its more for me than any one else. If i have not compared this day to 16-Oct , how and why i did those trades of 16-Oct and what i had left ( 3S on 16 Oct ) , i quickly recognize what should i do today. One thing i delayed Long entry, it could be even on 3-Min Creek, but i wanted to have little more confirmation just like let it come above VWAP.
16-Oct chart is also posted for comparison.











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  #452 (permalink)
 
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 devdas 
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Hi guys, got late due to city visit in weekend.

19-Oct-2012 : If its very predictive and repeating then only reason i see its rotating in a range. This Friday ( 19 -Oct ) over Thursday ( 18-Oct ) was very similar to previous Friday ( 12-Oct ) and Thursday ( 11-Oct) respectively. So my thought process and action were also little similar with some tweaking as the day was evolving. First Long didn't worked, quickly exited. Second Short exited near 5691 , a level hovering in my mind so many days.

I simply passed a probable Long , as its was not much on my plan , especially when i was committed and aware of whats happening as in general. This need a bit of more explanation as i thought at that moment ( when i compare this Friday to prior Friday ), why i was more confident of fourth Long ( though didn't took ) on 12-Oct and avoiding 19-Oct Third probable Long( didn't took ) ? -- Last Friday ( 12-Oct) it was developing on the Symmetrical move ( Neutral Day ) traits, but not this day, it just didn't gone to test supply.

Third Short trade didn't worked, its unlucky when i knew how everything is going and still had to exit to keep protected what i had got already. I see this as inefficient Entry though at the end of day - why i waited for creek when i have clear cut bias of going down, it could be just as close to VWAP - but just after the fact.








12-Oct is posted for reference,





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  #453 (permalink)
 
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 devdas 
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Amazing session for me. Done a low confidence feeling, worst looking Long trade in secondary upmove for 16 points.


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  #454 (permalink)
 
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 devdas 
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22-Oct-2012 : I got very late due to some problem in my Lappy's HDD and some intermittent Net connection. After sorting out everything from my end, day had already performed a rally equivalent to 100% of ADR[5] and that too in just approx 2 hour of opening. There were no feeling of missing out and revenge , my emotions were fully in control, i was still upbeat and knew i had to do it right way. I have annotated most things on charts except some bit of passing out Short,

When day start like this, the best answer is - what it will do in rest of time. This was the basis of passed Short and also for that Long. I knew that Short too had very high odd of success given its location near Supply Zone 1 and 5-day DVAH, but being on bullish visual structure on 15-min, i didn't wanted to take that.
Entry location for Long was not very comfortable in psych but i was committed to do that.






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  #455 (permalink)
 
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 devdas 
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Starting from top, its b-shape four step development. Same can be seen as p-shape four step development from some where bottom left corner or prior. Key point is , b-shape is more recent and equivalent to smaller time frame, so first breakout will clears the way for next higher frame imbalance. First breakout from this b-shape will have favorable development between respective 1st and 2nd SD.



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  #456 (permalink)
 
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 devdas 
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I have not been so clueless in recent times...this structure infusing the feeling that i am betting for 50:50 not trading,
so waiting for better situation....or just watching before festive day.


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  #457 (permalink)
 
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 devdas 
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Took short around 5706....


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  #458 (permalink)
 
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 devdas 
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Booked loss @5709.


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  #459 (permalink)
 
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 devdas 
Al,India
 
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10 point stop for a trade in 20 point day range is really funny thing


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  #460 (permalink)
 
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 devdas 
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I am better short @ 5698.


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