tag:blogger.com,1999:blog-441270257889145227.post1984521754716106041..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 05012015SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-441270257889145227.post-12618061053280243922015-01-07T21:01:28.314+05:302015-01-07T21:01:28.314+05:30The move was over extended. Rallying for two days....The move was over extended. Rallying for two days. 170 points up<br />I was not confident to go long at all. But took the signal. The entry bar stalled at 8480<br />The very next bar retraced the entire entry bar and closed below it. This was scary<br />Price moved up again and came back. If the trend is strong the BO point 8480 should act as support or it will be back at PDH. So I exited on break of this FLIP. We are entering after a BO and PB. There is no need to allow another pull back<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-8916401406341634442015-01-07T19:14:41.374+05:302015-01-07T19:14:41.374+05:30Dear ST,
In the trade which was scratched, how di...Dear ST,<br /><br />In the trade which was scratched, how did you decide the exit. I did not exit the trade and waited till the the breakout candle got breached (8470). This did not allow me to take the BOF trade HOPING for a bounce-back reversal<br /><br />Can you please detail the exit, or what could be done for better identification of the trade.Lazy Traderhttps://www.blogger.com/profile/02130838459758126112noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-79587870968310559242015-01-06T09:50:38.557+05:302015-01-06T09:50:38.557+05:30Hi ST,
Just realised your chart has a gap too!! Pl...Hi ST,<br />Just realised your chart has a gap too!! Please check this daily chart of mine http://imagizer.imageshack.com/img909/1153/N18prG.pngTrekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-43280174273338939652015-01-06T09:32:37.595+05:302015-01-06T09:32:37.595+05:30Hi ST,
Thanks so much for the chart. 8000 shows as...Hi ST,<br />Thanks so much for the chart. 8000 shows as the low in the terminal, guess it was a freak trade cleaned out by icharts. Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-91629902193869666852015-01-06T09:29:38.077+05:302015-01-06T09:29:38.077+05:30No 400 point bar in Icharts
http://screencast.com/...No 400 point bar in Icharts<br />http://screencast.com/t/RPtc9v4x61GK<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-69044763476865062442015-01-06T09:22:29.760+05:302015-01-06T09:22:29.760+05:30Good morning ST, how did this 400 point bar happen...Good morning ST, how did this 400 point bar happen today? wow!Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-79727797819320884952015-01-06T07:55:28.862+05:302015-01-06T07:55:28.862+05:30Thanks.Thanks.L.V.Gandhihttps://www.blogger.com/profile/08617098959830719448noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-79307912856286868532015-01-06T01:24:58.594+05:302015-01-06T01:24:58.594+05:30Thank you ST. I had a short bias today. Observatio...Thank you ST. I had a short bias today. Observations at <br />http://niftytradediary.wordpress.com/2015/01/06/5-jan-2014/<br /><br />I really appreciate how you can view the market objectively. I need to start viewing without any bias. Today helped but may not be the case everyday.Bhavirhttps://www.blogger.com/profile/08258148053969052614noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-65220345911354242172015-01-05T20:13:37.170+05:302015-01-05T20:13:37.170+05:30Price was making HH and HL and there was no space ...Price was making HH and HL and there was no space to FTA<br />You can short the second fail. But if you are holding long it is very difficult psychologically<br />http://screencast.com/t/pEhTLGzt<br /><br />ST<br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-77523043619105993742015-01-05T19:51:34.754+05:302015-01-05T19:51:34.754+05:30Thanks a lot ST, appreciate the chart explanation
...Thanks a lot ST, appreciate the chart explanation<br /><br />RajuAnonymoushttps://www.blogger.com/profile/08657572839911154168noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-59251126285299808532015-01-05T19:13:15.001+05:302015-01-05T19:13:15.001+05:30I have two questions.
1) Can you share your thoug...I have two questions.<br />1) Can you share your thoughts for not going short in the caes of BOF of RL/RN aroubd 13:00<br />2) Can we go short again for BOF of RL/RN below 14:09 candle?L.V.Gandhihttps://www.blogger.com/profile/08617098959830719448noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-90876979641525865052015-01-05T18:35:52.972+05:302015-01-05T18:35:52.972+05:30Thankyou ST..Thankyou ST..xrtrader1https://www.blogger.com/profile/07473824189722328404noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-4173896168983452912015-01-05T17:22:48.002+05:302015-01-05T17:22:48.002+05:30You are looking at it the wrong way. Trade the cor...You are looking at it the wrong way. Trade the core concept. Stop hunting for patterns<br />The basic and core concept is acceptance and rejection of price at decision points. Buying range lows and selling range highs. Do not bother about the pattern names. These are just thumb rules. Trade the core concept<br />http://screencast.com/t/XqcuJrG9F<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-84367022193476668962015-01-05T16:52:14.086+05:302015-01-05T16:52:14.086+05:30Last one was excellent
Pay attention to Space, esp...Last one was excellent<br />Pay attention to Space, especially for CT trades<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-8331863083247184802015-01-05T16:13:56.442+05:302015-01-05T16:13:56.442+05:30Dear ST.
Good evening
Refer your second trade shor...Dear ST.<br />Good evening<br />Refer your second trade short at BOF below PDH. <br />After travelling nearly 20 points above PDH and reversing, Can we consider as Break of failure.<br />I was thinking a short there but i didnt consider because of the upmove above PDH from 10.14 to 10.29am.<br />Need your advice<br />RajuAnonymoushttps://www.blogger.com/profile/08657572839911154168noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-22861097988009552442015-01-05T16:08:57.746+05:302015-01-05T16:08:57.746+05:30Dear Sir,
Please comment on my trades:- http://ni...Dear Sir,<br /><br />Please comment on my trades:- http://niftyrozana.blogspot.in/<br />thanksRavihttps://www.blogger.com/profile/17103792993431118885noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-69984743914256256192015-01-05T15:55:48.965+05:302015-01-05T15:55:48.965+05:30It was a BOF of MSP. It is very difficult to captu...It was a BOF of MSP. It is very difficult to capture this move under this method<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-47609645490126971632015-01-05T15:49:17.909+05:302015-01-05T15:49:17.909+05:30Hi ST
What would have been the entry point for the...Hi ST<br />What would have been the entry point for the last down move? Would it have been a SAR type trade??<br /><br />Thanks<br />TBPAnonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.com