how and why we traded long on 6th January...?

Read the following coversation .....to know how and why we take long in nifty and booked ...on Friday...? sreenivas reddy (1/6/2012 3:27:38 PM): Sir, pzzz tell this doubt .... sreenivas reddy (1/6/2012 3:28:04 PM): low ema is 4698 and nifty crossed below this ... sreenivas reddy (1/6/2012 3:28:41 PM): so hw u judge to take long while move why not short while coming down from 4698 ? sreenivas reddy (1/6/2012 3:28:47 PM): low made 4692 gauresh59 (1/6/2012 3:30:27 PM): dear at that SAR is 4688........how can we short above 4688....... gauresh59 (1/6/2012 3:30:38 PM): it is below 4698..but above 4688....... gauresh59 (1/6/2012 3:31:01 PM): means below lowema but above sar...we have to wait till breach of sar and for its conviction gauresh59 (1/6/2012 3:31:22 PM): please wait i will explain sreenivas reddy (1/6/2012 3:31:32 PM): sure sir pzzz gauresh59 (1/6/2012 3:34:56 PM): see in case of SAR technique. price moves up hitting SAR ..goes up and up... gauresh59 (1/6/2012 3:35:50 PM): during correction it comes down ...and down ...touch SAR ..goes below few points SAR and then again bounce back crossing SAR again from below ..... gauresh59 (1/6/2012 3:36:01 PM): at that time SAR works as support.... sreenivas reddy (1/6/2012 3:37:10 PM): ok gauresh59 (1/6/2012 3:37:30 PM): in today's case daily low has been broken from yesterday...the trend is looking weak since yesterday....still it has closed above its intermdiate resistance 4755...and hence we remained long ... gauresh59 (1/6/2012 3:38:24 PM): though it is below daily lowema, it is above SAR...above intermediate resistance ...we prefered to carry long... gauresh59 (1/6/2012 3:39:54 PM): but today's opening remained weak it broke intermediate support of 4720/10..and hence we only cut our longs except the one lot just to manage the position and remain safe...see we cut our longs at 4735.... gauresh59 (1/6/2012 3:40:24 PM): now it declined...and breacked daily lowema again....but not SAR... gauresh59 (1/6/2012 3:41:18 PM): but when it made 2-3 candles closing above daily lowema we again went riskly long at 4703 with sl of only 13 points ... gauresh59 (1/6/2012 3:42:18 PM): then it remained sideways...and...when it crossed low of ORB 4730 ...conviction came again... gauresh59 (1/6/2012 3:42:34 PM): we booked at 4731......and waited ... gauresh59 (1/6/2012 3:44:21 PM): it declined again few points and we put stop loss buy order at 4737.....then when it triggered...we firstly became safe at by partial booking at 4660 ...and again at 4775 and then when it reached the peak ...we booked at 4805..keeping only one long lot .... sreenivas reddy (1/6/2012 3:51:24 PM): going thru the content and digesting slowly gauresh59 (1/6/2012 3:51:31 PM): ok sreenivas reddy (1/6/2012 3:54:39 PM): got for todays way how it was done sir .....