Friday 30 October 2015

Status:

USD CHF : Sold at 0.99319 stoploss 0.99586 yesterday.

Pending order :
XTIUSD : buy limit 45.90
EURJPY : buy limit 131.875 Stoploss 131.588
EURUSD: buy limit 1.09510 Stoploss 1.09020

Thursday 29 October 2015

Further to my post on oct 23 , I am saving my charts in my folder for a later analysis, as of now I am tracking OIL, FX MAJOR,PRECIOUS METALS.

US OIL : Both 0.382 technical level 42.85 and daily candle study shown a bounceback, but I didnt trade.As I wrote I will save charts min 8-10  day charts and will analyse my new strategy.
And I will post the results too.

Friday 23 October 2015

Rearranged parameters as 2 buy stoploss hit with one in short.Now looks like one stoploss hit ,two in sell mode.

Latest strategy is out of three, any two of same buy/sell, trade will be taken.
All three are,now, in sell,
If any two out of three show buy, will reverse the trade to buy.
The intention is to reduce the risk as much as possible and maximise the profits with no short trade.
Small worry is the swap.


After this stoploss trigger, Just went inside me for a swot analysis.

.A Trading strategy  and a Time frame set up which involves less time devotion,say 30 min per day
can be the apt system for me, as I am a trend follower.

A sector depends mainly on initially with Europe followed by US.

In India it is from afternoon to late night. Early morning Asian trade do not affect much.
Any trigger starts late night. So the following day prices move as per yesterdays trigger.

I felt daily chart is better for me, with calm mind and without emotions, sipping morning tea with a suitable indicator ,I am able to  assess the market and follow the trend,

It takes 10 min for Oil and on whole 30 min for EurUsd and Gold.

1. The priority is to see the indicator repaints or not.
2. Trade all three terms
3. will start trade microlots in equal quantity,all three terms

Max : 78 Days - Min : 22 days : TREND / LONG TERM
Max : 56 days -  Min : 9 days : Medium term
Max : 56 days -  Min : 2 days : short term.

I am going to stick to this set up for sometime.
As of now for OIL , it is buy for ST/MT and sell for LT.
So seems like hedging,though may not make money in these conditions,but satisfactorily no loss.


Saturday 17 October 2015

nifty