Got entry...getting away with some stop. As yday..im not looking for smaller balance break...but larger one.
Need some patience.

Cant hold more...not worked in my available time. Took small loss.

Nett result of day = -3 Pts after comm.

Result of restricted timing. Its ok. Though i had placed initial stop @ 5304 before temporarily going away...but before finally leaving i had to quit it. I didnt wanted to let market repeat yday

This is how i was assessing this since formation.
If this is correct then we know 4th step of Steidlmayer....ahh 4a and 4b....

Lets c how market behave in real time now and how it gives opportunity.

Its behaving as per line so far..... Obviously im looking for suitable short with low risk.
Cant say if it again revisit LTZ 5332-35.

Waiting still.

I get educational email from Online Trading Academy ( many would have read this ). Last email dt 3-Jul, then discussed an article on one easy way of assessment cum confirmation of Supply and Demand ( they mostly emphasize on Supply/Demand rather synonyms S/R...its similar to who came first egg or hen... ) zone. They affirms Pivot Point as one such tool if which coincides with natural market structure then its of more importance in respect of Supply and Demand. This LTZ and Pivot are playing this role in current context.

Got an entry

Scratched this...waiting more.

Have to leave for office. It does not make sence to me to take entry @5318...and putting max stop around LTZ 5330...cause i cant pinpoint stop with 1-2 pts. So took equivalent position with 5300 PE @ 74.5 which is in respect of larger picture and target...and perhaps will carry over weekend.

Nett Result of day = -3 + (MtoM Loss on Open Position on 2 lot 5300 PE = -20 ) = -23 Pts after comm.

After many months today i carried a positional trade. Though i had choice to close it @ BE but it was my decision not to do so. I called broker online support to check my position around 14:30 PM. I was sure to have my position in profits with market going down...but as they told it didn't broke morning low and currently trading around 5315 after making high of approx 5340, it was disappointing for me. Pain was, it seemed me still in larger balance , which i had thought to be retraced downside after my entry. As PE were trading @ 75 , i had choice at the time to square-off but i decided to carry over weekend and leaved them.