tag:blogger.com,1999:blog-441270257889145227.post3587272283627670257..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 25062014SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger54125tag:blogger.com,1999:blog-441270257889145227.post-18823214895925924152014-06-26T14:17:25.672+05:302014-06-26T14:17:25.672+05:30yes chandra mouli.
order fills any where b/w 7557 ...yes chandra mouli.<br />order fills any where b/w 7557 to 7556Anonymoushttps://www.blogger.com/profile/17964727613139138480noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-85952318668002577242014-06-26T13:00:14.481+05:302014-06-26T13:00:14.481+05:30rose mary
do u mean trigger price 7557 and price ...rose mary<br /> do u mean trigger price 7557 and price as 7556 ? and at what price our order fills ?Anonymoushttps://www.blogger.com/profile/02116401837092273213noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-66281844729598004772014-06-26T12:56:56.127+05:302014-06-26T12:56:56.127+05:30thanks for clarifying the thought process... I gue...thanks for clarifying the thought process... I guess, now to control the itch to trade, I am being extra cautious...vikramhttps://www.blogger.com/profile/05383310601357740936noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-45447665176299423732014-06-26T12:26:43.785+05:302014-06-26T12:26:43.785+05:30S Roy
The entire fall from PDL to LOD is the curre...S Roy<br />The entire fall from PDL to LOD is the current range.<br />Another inside range is likely to form 7520-7540 area<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-60869524181127946482014-06-26T12:19:32.455+05:302014-06-26T12:19:32.455+05:30Think about order flow. If there are thousands of ...Think about order flow. If there are thousands of SL orders to trigger short RN won't stand<br />Levels are not brick walls they are make or break levels<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-75058834196492062182014-06-26T12:15:16.861+05:302014-06-26T12:15:16.861+05:30Enter with SL Limit order
For example 7568 is IRL ...Enter with SL Limit order<br />For example 7568 is IRL and you want to short below it<br />Enter a SL order with 7567.50 as trigger and 7566.50 as limit well in advance<br />If you expect an explosive move increase limit to trigger gap a little in order to avoid order jumping<br />Otherwise you will never get a good fill<br /><br />ST <br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-76972213029862068772014-06-26T12:14:31.829+05:302014-06-26T12:14:31.829+05:30chandra mouli,
say, u wanted to short below IRL (...chandra mouli,<br /><br />say, u wanted to short below IRL (7558) today, you can place Limit - SL order like below<br />SL at 7557<br />Limit at 7556Anonymoushttps://www.blogger.com/profile/17964727613139138480noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-33842521837670434422014-06-26T12:13:49.429+05:302014-06-26T12:13:49.429+05:30Hi ST,
Please can you post today's range marki...Hi ST,<br />Please can you post today's range markings after the fall?Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-7167311668951426012014-06-26T12:02:56.629+05:302014-06-26T12:02:56.629+05:30ST Sir,
I took PDL as 7573, avoiding tail... it s...ST Sir,<br /><br />I took PDL as 7573, avoiding tail... it seems u considered yesterday tail at 15:17 candle (7567)<br />I hesitated to short below IRL, went short below FTA.. BRN.. n exited at swing high.. just as you did.. :)<br /><br />Waiting for next pattern at 7550 or 7500.. lets seeAnonymoushttps://www.blogger.com/profile/17964727613139138480noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-84667849638821871452014-06-26T11:58:39.447+05:302014-06-26T11:58:39.447+05:30i have a problem with my entry i mean how to enter...i have a problem with my entry i mean how to enter.<br />1 feed limit order before price come there(by visualisation) or <br />2 enter limit order when price reached where we decided to enter or <br />3 use market order when price reached where we decided to enter? <br /> help me to decide and how you enter a trade i mean in terms of order filling?Anonymoushttps://www.blogger.com/profile/02116401837092273213noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-71642449147430538102014-06-26T11:18:59.602+05:302014-06-26T11:18:59.602+05:30Oh, yes. Wonderful thinking. Another lesson.
Thank...Oh, yes. Wonderful thinking. Another lesson.<br />Thanks a lot.Anonymoushttps://www.blogger.com/profile/01516836821651193527noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-46696283591813931122014-06-26T11:13:36.533+05:302014-06-26T11:13:36.533+05:30Zoom out your chart and see what has happened
IR l...Zoom out your chart and see what has happened<br />IR low is the lowest low of last two days after the up move from 7470. Same as the after noon low of day before yesterday.Where else can we expect stops of positional longs?Then a Fluid below. <br />Two layers of defense with IRH and PDL above the entry. On a normal day it would have fallen much more<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-89754435290831573642014-06-26T11:01:56.011+05:302014-06-26T11:01:56.011+05:30Thank you ST. Usually my exits are too soon or too...Thank you ST. Usually my exits are too soon or too late. For once I have exited at the right place, am happy :) https://www.youtube.com/watch?v=y6Sxv-sUYtMTrekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-70686161775197746372014-06-26T10:54:47.243+05:302014-06-26T10:54:47.243+05:30Actually IRL was at 7558 and was very near to RN a...Actually IRL was at 7558 and was very near to RN and so I avoided keeping short trigger at 7558. Now waiting patiently for next entry. vikramhttps://www.blogger.com/profile/05383310601357740936noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-27055535253178174892014-06-26T10:54:35.140+05:302014-06-26T10:54:35.140+05:30I missed the trade too. Actually I hesitated to sh...I missed the trade too. Actually I hesitated to short on direct BO of IRL, as I feared another rangebound day. How do we ascertain whether there are enough SL orders below IRL, especially within first half hour of the trading day? Or do we compulsory trade direct BO of IRL, as there was BOF of PDL above (in this case) ?<br /><br />Anyway, thanks ST for the efforts you are taking. This is really wonderful.Anonymoushttps://www.blogger.com/profile/01516836821651193527noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-15202454508296215522014-06-26T10:52:48.303+05:302014-06-26T10:52:48.303+05:307531
Above the pull back7531<br />Above the pull backSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-10040336567194612992014-06-26T10:47:03.681+05:302014-06-26T10:47:03.681+05:30ST, where was the exit for that short?ST, where was the exit for that short?Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-39635978579593169282014-06-26T10:39:42.598+05:302014-06-26T10:39:42.598+05:30I wonder why you waited for BPB of RN when market ...I wonder why you waited for BPB of RN when market gave a BPB of PDL trade<br />Price escaped out of the day long range and gave a nice opportunity<br />Be careful . today is expiry day<br /><br />ST<br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-45175572660915583182014-06-26T10:30:05.069+05:302014-06-26T10:30:05.069+05:30Dont worry too much about some minor data problems...Dont worry too much about some minor data problems<br />It is not going to make any difference in our trading results. URD trades with the MT4 charts with spread difference of 2-3 points always. We cant expect everything to be perfect. <br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-85047940610971811842014-06-26T10:06:06.199+05:302014-06-26T10:06:06.199+05:30I was waiting for BPB of 7550 to short the market ...I was waiting for BPB of 7550 to short the market as the fluid zone was attractive to me. But it seems that it was attractive to many other sellers also. Could not short the market. Now waiting for BOF of DL (7511) or BOF of BRN (7500) to go long. BPB of 7500 is little risky to me as market is already down quite a lot. let us see....vikramhttps://www.blogger.com/profile/05383310601357740936noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-46820510007393033082014-06-26T09:50:33.031+05:302014-06-26T09:50:33.031+05:30Anandha
Decision points are markets own levels. T...Anandha<br /><br />Decision points are markets own levels. They are time frame indicator independent levels<br />That is why they work reasonably well in markets.This journey started with the same question you asked now and the answer you have given for that<br />Who are we to dictate the market? How can we expect the market to respect our calculated levels?<br />So watch carefully what is happening in the markets and start trading markets own levels. We feel we are growing up since then.<br /><br />ST<br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-79014590434880150832014-06-26T09:35:42.549+05:302014-06-26T09:35:42.549+05:30Hi ST,
icharts daily chart now shows 7597.7 as hig...Hi ST,<br />icharts daily chart now shows 7597.7 as high for yesterday, though intraday is still the same. I wonder through who they are obtaining their data. Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-62787542152931868072014-06-26T09:15:17.259+05:302014-06-26T09:15:17.259+05:30Anandha,
Welcome. Its not us who define the DPs, i...Anandha,<br />Welcome. Its not us who define the DPs, its the market. Even Lance uses previous day high/low etc. :)Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-44414159127907575882014-06-26T00:12:27.187+05:302014-06-26T00:12:27.187+05:30Come on Guys, Grow up. Watch carefully whats happe...Come on Guys, Grow up. Watch carefully whats happening in market. Who are you set.define the DPs ?<br />Anandhahttps://www.blogger.com/profile/13688646019972154510noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-31217048236492508292014-06-25T22:49:53.662+05:302014-06-25T22:49:53.662+05:30You need not avoid BO altogether. Trade very selec...You need not avoid BO altogether. Trade very selectively and carefully<br />Should never attempt without a clear exit plan<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.com