Friday, January 17, 2014

My Trade Journal

Entered on the short side yesterday;  There were two reasons:
             1. Day candle Belt-hold line and 
             2. MACD in hour t/f triggered on the downside.

No other signal is in favor of my entry.

Today I closed my position on no loss no profit level.  Later, realized my exit was wrong.  Before EOD Nifty traveled more than 60 points.  Once again, MACD cross over appears to be dependable.

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