I am starting this jornal for record keeping & guidance form seniors.
I will paper trade the NF based on Market Profile & will post my notes.
Regards
Naveen
Pre Market Observations
09:44 1. Market balancing since previos 3 sessions( overlapping value areas), look for breakout form balance
2.previous day level VAH 5228 VAL 5180 POC 5192, attempted up auction met with swift rejection at 5258, any breakout on longs should hold & followthrough that level.
09:57 open inside previous days range & Value area, market in balance
10:00 will go long at 5180 with stop at 5176
10:05 long at 5180
10:10 stopped out loss ( 4 + 3 (brokerage)) 7points
10:12 goes past yesterdays range , imbalanced , good range expected.
10:26 Initiative selling , look for shorts with right location
10:45 short at 5112 stop 5145, Initiative selling tail + range extension in B period
10:51 stop moved to breakeven at 5109
11:01 5030 buying tail on 3rd Oct, important refernce pont to watch
11:08 stopped out, breakeven trade
11:17 value developing around 5090-5110
12:26 short at 5114, stop at 5134
12:34 single prints separating two distributions in B period form 5126-5134 inportant refernce for longs to be validated
12:36 Buy order placed at 5088, stop moved to 5111 breakeven
12:41 stopped out breakeven trade
12:50 profile looks like letter B, maybe long liquidation
12:53 assuming long liquidation placed a long at 5102, stop 5080
13:06 stopped out loss 25 points
13:12 long at 5080, stop 5060
13:14 stopped out 23 points loss, signs of tunnel vision, 72 ponts long initiative selling tail in A period + previous balancing session do not favour long liquidation
14:51 short at 5072, stop 5082
15:00 covered at 5048, profit 21 ponts
15:32 short at 5100, stop at 5134
15:41 Buy order placed at 5076, stop moved to breakeven 5097
15:44 covered at 5076, profit 21 ponts
14:00 done for today
Trades
1.long at10:05 5180 with Sl at 5176, loss 7 ponts
2.short at 10:45 5112, breakeven
3.short 12:26 5114, breakeven
4.long at 12:53 5102, Sl 5080 loss 25 points
5. long at 13:12 5080 SL 5080, loss 23 ponts
6.short at 14:51 5072, covered at 5048, profit 21 points
7.short at 15:32 5100 covered at 5076, profit 21 ponts
Total loss for today 13 ponts
Previous loss since 1st Oct- 41 points
Total Loss- 54 points , Brokerage taken as 3 points
PS: Will post charts from tomoorrow
I will paper trade the NF based on Market Profile & will post my notes.
Regards
Naveen
Pre Market Observations
09:44 1. Market balancing since previos 3 sessions( overlapping value areas), look for breakout form balance
2.previous day level VAH 5228 VAL 5180 POC 5192, attempted up auction met with swift rejection at 5258, any breakout on longs should hold & followthrough that level.
09:57 open inside previous days range & Value area, market in balance
10:00 will go long at 5180 with stop at 5176
10:05 long at 5180
10:10 stopped out loss ( 4 + 3 (brokerage)) 7points
10:12 goes past yesterdays range , imbalanced , good range expected.
10:26 Initiative selling , look for shorts with right location
10:45 short at 5112 stop 5145, Initiative selling tail + range extension in B period
10:51 stop moved to breakeven at 5109
11:01 5030 buying tail on 3rd Oct, important refernce pont to watch
11:08 stopped out, breakeven trade
11:17 value developing around 5090-5110
12:26 short at 5114, stop at 5134
12:34 single prints separating two distributions in B period form 5126-5134 inportant refernce for longs to be validated
12:36 Buy order placed at 5088, stop moved to 5111 breakeven
12:41 stopped out breakeven trade
12:50 profile looks like letter B, maybe long liquidation
12:53 assuming long liquidation placed a long at 5102, stop 5080
13:06 stopped out loss 25 points
13:12 long at 5080, stop 5060
13:14 stopped out 23 points loss, signs of tunnel vision, 72 ponts long initiative selling tail in A period + previous balancing session do not favour long liquidation
14:51 short at 5072, stop 5082
15:00 covered at 5048, profit 21 ponts
15:32 short at 5100, stop at 5134
15:41 Buy order placed at 5076, stop moved to breakeven 5097
15:44 covered at 5076, profit 21 ponts
14:00 done for today
Trades
1.long at10:05 5180 with Sl at 5176, loss 7 ponts
2.short at 10:45 5112, breakeven
3.short 12:26 5114, breakeven
4.long at 12:53 5102, Sl 5080 loss 25 points
5. long at 13:12 5080 SL 5080, loss 23 ponts
6.short at 14:51 5072, covered at 5048, profit 21 points
7.short at 15:32 5100 covered at 5076, profit 21 ponts
Total loss for today 13 ponts
Previous loss since 1st Oct- 41 points
Total Loss- 54 points , Brokerage taken as 3 points
PS: Will post charts from tomoorrow
Last edited: