tag:blogger.com,1999:blog-441270257889145227.post2937537441022698527..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 30092014SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger29125tag:blogger.com,1999:blog-441270257889145227.post-57547549384030973922014-10-01T14:48:18.735+05:302014-10-01T14:48:18.735+05:30I dont expect any big moves today. Short BOF of ra...I dont expect any big moves today. Short BOF of range High/BRN now<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-40540330966196795162014-10-01T14:43:29.202+05:302014-10-01T14:43:29.202+05:30ST,
Would positional shorts cover because of holid...ST,<br />Would positional shorts cover because of holidays or will they hold or would they have already covered?Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-9324547492808748152014-10-01T10:41:54.841+05:302014-10-01T10:41:54.841+05:30After a directional momentum move ,market rarely t...After a directional momentum move ,market rarely take a V reversal. Most of the time it consolidates in a range or resume the trend after a CPB. TRAP is nothing but a Complex Pull Back, a multi leg pull back.While attempting CT trades there is a chance of getting trapped in a CPB. So generally I will look for a CPB and later short below this CPB low if market do not resume the trend.<br />http://yourtradingcoach.com/trading-process-and-strategy/if-i-wanted-to-limit-myself-to-one-setup-only/<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-3810279362116628492014-10-01T10:27:04.778+05:302014-10-01T10:27:04.778+05:30Thanks
STThanks<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-67597586446024261042014-10-01T10:26:48.837+05:302014-10-01T10:26:48.837+05:30Yesterday it was an engulfing. Neutral. Nifty can ...Yesterday it was an engulfing. Neutral. Nifty can move both way<br />Previous day final up move can act as a range. Break of this range will decide the direction. <br />The fluid above is mouth watering. I dont expect strong commitment due to the long holidays<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-61817514052508903502014-10-01T09:24:53.804+05:302014-10-01T09:24:53.804+05:30daily is in rally? decline? sideways? confusion(ch...daily is in rally? decline? sideways? confusion(chop)?Anonymoushttps://www.blogger.com/profile/02116401837092273213noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-71191907280988689492014-10-01T05:59:25.251+05:302014-10-01T05:59:25.251+05:30Dear ST,
Today I took short below 3 low closing ba...Dear ST,<br />Today I took short below 3 low closing bar congestion at 12:45 and also below the low of 12:45 bar at 13:09 bar. Both were at loss. You have noted that as Trap Pattern. Can you please explain how to recognize and avoid like these in future.L.V.Gandhihttps://www.blogger.com/profile/08617098959830719448noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-54961725400585867752014-09-30T21:04:08.296+05:302014-09-30T21:04:08.296+05:30http://nseindia.com/content/circulars/FAOP27733.pd...http://nseindia.com/content/circulars/FAOP27733.pdfamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-43325598229579687832014-09-30T20:48:57.569+05:302014-09-30T20:48:57.569+05:30thanks ST ..will do thatthanks ST ..will do thatTrader Paihttps://www.blogger.com/profile/17780707321214027984noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-73121134571768434962014-09-30T20:24:30.394+05:302014-09-30T20:24:30.394+05:30Please make the blog wider and post bigger charts
...Please make the blog wider and post bigger charts<br />In fact after the first trade price never fell below PDC. But that big tailed bar created panic<br />Otherwise it was a good trade.Last one came late and after two big directional moves we can only expect a move till PDC, the range high due to short covering<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-43973188826135635022014-09-30T20:06:54.255+05:302014-09-30T20:06:54.255+05:30ST
Please comment on my trades
http://tradingdecis...ST<br />Please comment on my trades<br />http://tradingdecisionpoints.blogspot.com/2014/09/3092014.html<br /><br />rgds<br />KishoreTrader Paihttps://www.blogger.com/profile/17780707321214027984noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-69024100606172958422014-09-30T20:04:42.403+05:302014-09-30T20:04:42.403+05:30Thank you STThank you STvidevhttps://www.blogger.com/profile/07122058646902782845noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-28575511624189379412014-09-30T20:04:16.869+05:302014-09-30T20:04:16.869+05:30Thanks ST.. Only now I noticed the final move high...Thanks ST.. Only now I noticed the final move high and that it was LOL with PDC.videvhttps://www.blogger.com/profile/07122058646902782845noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-25062724170424765442014-09-30T19:46:48.711+05:302014-09-30T19:46:48.711+05:30Yes. BRN has become less significant with this BW
...Yes. BRN has become less significant with this BW<br />The range high is the LOL level of PDC and previous day final move high<br />Mid level will have some influence always especially BRN. But they become less significant<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-43863342443791734612014-09-30T19:42:32.373+05:302014-09-30T19:42:32.373+05:30Why not?
Price is getting accepted above PDC. Keep...Why not?<br />Price is getting accepted above PDC. Keep SL below PDC<br />How far it will go up , how long it will move up etc no body knows<br />Manage it as good as you can and let your profits run<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-91484110335076615412014-09-30T19:37:21.343+05:302014-09-30T19:37:21.343+05:30Entry is on break of the BO candle.
Treat it as a ...Entry is on break of the BO candle.<br />Treat it as a Sniper shot to PDC<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-36478378988611264122014-09-30T18:38:27.493+05:302014-09-30T18:38:27.493+05:30Also, I have one doubt about validity of BRN DP. ...Also, I have one doubt about validity of BRN DP. In morning session before and after RBI policy, prices somewhat chopped on both sides of BRN. Would that make it a barbed wire around BRN? If yes, then in afternoon session would it make the BRN as a weak or insignificant as DP, so we can just ignore it?videvhttps://www.blogger.com/profile/07122058646902782845noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-17445683541549538212014-09-30T18:33:12.795+05:302014-09-30T18:33:12.795+05:30I took long as TST of PDC at 1203 candle, it seeme...I took long as TST of PDC at 1203 candle, it seemed too deep a pullback to me to call it as BPB of PDC. Then I exited at my target PDH which seemed much too early exit in hindsight. I also thought of the RBI 11 am candle high as another range top which was taken out on high volume and then it shifted into new range PDC to PDH, though it was not very clean looking.<br /><br />Was that a right trade as TST of PDC?<br />videvhttps://www.blogger.com/profile/07122058646902782845noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-8962748205138295302014-09-30T17:44:22.536+05:302014-09-30T17:44:22.536+05:30Going forward i will feed SL-limit order, usually ...Going forward i will feed SL-limit order, usually i am not comfortable to keep SL-limit order .I think that is causing me a worry.<br />According to you, for the second trade where was the right entry and exit? or there was no trade at all<br /><br /><br />Thank you,<br />Kiran.Anonymoushttps://www.blogger.com/profile/15490762050261119472noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-12138456353875744842014-09-30T17:11:53.945+05:302014-09-30T17:11:53.945+05:30After the second attempt to go above 8080 failed, ...After the second attempt to go above 8080 failed, Price was falling<br />Next five candles made lower lows before breaking the pivot low.<br />15 minutes not enough for you to feed a SL-Limit order below the pivot?<br />Exit at the range high if you enter on BOF of range low.Do not sell after a lot of selling has taken place<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-2410630397543936442014-09-30T16:58:03.425+05:302014-09-30T16:58:03.425+05:30Hi ST,
1) How do you manage BO trading, most of t...Hi ST,<br /><br />1) How do you manage BO trading, most of the time price move like a rocket. I was waiting to short below pivot but i could not catch.<br />2) where was the right exit for BOF of PDL? i took short at 7980 (below previous price consolidation), but price bounce from the low of the day and i can only exit at cost. <br /><br />Thank you,<br />Kiran.<br />Anonymoushttps://www.blogger.com/profile/15490762050261119472noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-44410831180768934762014-09-30T16:47:27.054+05:302014-09-30T16:47:27.054+05:30Sir good evening and thnxSir good evening and thnxamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-9198417285695709082014-09-30T16:33:07.151+05:302014-09-30T16:33:07.151+05:30Yes. But I was a little confused where to enter be...Yes. But I was a little confused where to enter because of that big bar with upper tails which made a BOF of PDH<br />Then waited for BPB at PDH. But Nifty ran away<br /><br />ST<br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-90200327284728839262014-09-30T16:29:13.550+05:302014-09-30T16:29:13.550+05:30Trading is something you learn by doing. Hesitatio...Trading is something you learn by doing. Hesitation will be there always. This is because our mind cant tolerate uncertainty. Trading is always uncertain and ambiguous.As you gain experience this will improve,but will never go away<br /><br />ST SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-47086213291948512522014-09-30T16:19:35.932+05:302014-09-30T16:19:35.932+05:30Hi ST,
Wasnt there an oppurtunity to go long as BP...Hi ST,<br />Wasnt there an oppurtunity to go long as BPB of PDC?<br /><br />rgds<br />KishoreTrader Paihttps://www.blogger.com/profile/17780707321214027984noreply@blogger.com