tag:blogger.com,1999:blog-441270257889145227.post1027365881055249986..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 16062015SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-441270257889145227.post-6294238115040860112015-06-21T12:09:23.361+05:302015-06-21T12:09:23.361+05:30Good observation
STGood observation<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-73559446275808530562015-06-17T00:06:12.483+05:302015-06-17T00:06:12.483+05:30Sir - I was drawn into the BOF of range low Long t...Sir - I was drawn into the BOF of range low Long trade at 12:15.<br />What was your thought process there ?Bhavirhttps://www.blogger.com/profile/08258148053969052614noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-89940791577162615132015-06-16T23:25:35.075+05:302015-06-16T23:25:35.075+05:30Sir thnxSir thnxamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-70457058098711900642015-06-16T21:55:50.011+05:302015-06-16T21:55:50.011+05:30Hi ST, the morning was a chop. Like it works alway...Hi ST, the morning was a chop. Like it works always, the late afternoon session did the trick. I was waiting for that 7944 BOF!<br /><br />Anyway, I have a post on this on my blog - post it if you find it ok. Thanks!<br /><br />http://nidsetups.blogspot.in/2015/06/time-of-day.htmlLonely Traderhttps://www.blogger.com/profile/04576774406892882109noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-35694031038598216122015-06-16T21:23:15.862+05:302015-06-16T21:23:15.862+05:30Usually I ignore tails
STUsually I ignore tails<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-46714196655086894042015-06-16T21:13:15.815+05:302015-06-16T21:13:15.815+05:30Sir good evening,sir as per nse india if we take p...Sir good evening,sir as per nse india if we take pdl it is 7944 and today low comes to 7946.25,in this case it can be TST of PDL. as the low marked in the above chart is without wick,kindly update thnxamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-26453056820462051162015-06-16T20:44:38.186+05:302015-06-16T20:44:38.186+05:30Deven
Market has a tendency to trade within
1.Las...Deven<br /><br />Market has a tendency to trade within<br />1.Last impulse/corrective wave<br />2.Within Previous day range<br />3.Within two Option strikes.<br />Market tried to move above BRN 8000 in the morning and simply drifted down making lower highs. There was no strong selling at all. Then came a LOL PDL-RN from where buying can emerge. First BOF, I was not confident. Then a FTC at RN-NS RN area confirmed it. Critical mass was short and time was right for the afternoon game. So entered at 60 with a SL below double bottom<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-37070346986234993762015-06-16T20:27:49.124+05:302015-06-16T20:27:49.124+05:30Do not worry about bars. Levels are important
Pric...Do not worry about bars. Levels are important<br />Price was getting rejected from below PDL and RN-NS RN area. First time I was not confident and expected a second test as move was CT. You can wait till a pivot break but risk will be more<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-13826180748445809912015-06-16T20:18:18.311+05:302015-06-16T20:18:18.311+05:30It was a good trade
But try to enter early in a mo...It was a good trade<br />But try to enter early in a move. <br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-81023568701136251462015-06-16T20:16:43.661+05:302015-06-16T20:16:43.661+05:30My SL was below the BO bar. I expected a second le...My SL was below the BO bar. I expected a second leg up.<br />At 8020, I made SL too tight and lost another 40 point move. The right action will be known only in hid sight<br />Try to ride a move as far as possible<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-77986263173744977912015-06-16T20:11:57.846+05:302015-06-16T20:11:57.846+05:30Hi ST,
Nice trades as always. Your second trade ...Hi ST,<br /><br /> Nice trades as always. Your second trade is too good & i completely messes it up. With a down bias, I took it as a normal pullback which couldn't even cross RL. It was quite a big range from morning, so expected some cigarette pattern. How you managed to avoid that thought..<br /><br />Thanks,<br />Deven MalhotraDeven Malhotrahttps://www.blogger.com/profile/10819749594539967646noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-55736315710151766132015-06-16T17:34:40.999+05:302015-06-16T17:34:40.999+05:30Regarding the last long trade, what convinced you ...Regarding the last long trade, what convinced you so much to put in a long trade just after the 1st green bar, the bof red bar wasn't a convincing bof bar, or was it ? I would have taken the long trade after the crossing of that pivot of 8065; what do you thinkumang jainhttps://www.blogger.com/profile/05728837688751523922noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-29652867654843848352015-06-16T17:25:32.192+05:302015-06-16T17:25:32.192+05:30ST
I could not took the long at RN BREAKOUT failur...ST<br />I could not took the long at RN BREAKOUT failure but at BRN I took it made only 20 points as it was near closing time so many times i changed my stop loss levels to avoid of uselessly making loss i was confirmed of decent upside thanks ST for giving guidance, do you consider this good trade??Anonymoushttps://www.blogger.com/profile/07031999702837304710noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-32552444340366629542015-06-16T16:59:21.693+05:302015-06-16T16:59:21.693+05:30Hi ST,
Thank you. I got kicked of long around 8000...Hi ST,<br />Thank you. I got kicked of long around 8000. What should I have been the correct thought process at that point? Where was your SL prior to price moving out of there. THanks a lot. Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-69253729890504789852015-06-16T16:01:44.015+05:302015-06-16T16:01:44.015+05:30Thanks ST..Thanks ST..xrtrader1https://www.blogger.com/profile/07473824189722328404noreply@blogger.com