tag:blogger.com,1999:blog-441270257889145227.post5078020675669381625..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 09052014SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-441270257889145227.post-91366416967032613582014-05-10T12:00:53.546+05:302014-05-10T12:00:53.546+05:30Hi ST,
Thank you. Hi ST,<br />Thank you. Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-21746895780980676472014-05-10T11:32:26.092+05:302014-05-10T11:32:26.092+05:30S Roy
No special reasons.
I dont want to run any s...S Roy<br />No special reasons.<br />I dont want to run any scans or AFLs . just wanted to know what market is doing right now at the moment<br />So avoided all the headache of database maintenance, back fill,data purification etc.Only drawback is cant access it without connecting to net.<br /><br />ST SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-65995554395155705282014-05-10T10:44:54.638+05:302014-05-10T10:44:54.638+05:30Hi ST,
Is there any trading related reason(as in b...Hi ST,<br />Is there any trading related reason(as in better data perhaps?) you prefer to use icharts rather than Amibroker?Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-80729937212999446482014-05-09T21:13:11.077+05:302014-05-09T21:13:11.077+05:30Chris
Thanks for the visit and comment
Initial SL...Chris<br /><br />Thanks for the visit and comment<br />Initial SL was below BRN. But if price falls below PDH after breakout, I will look to scratch<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-6407353475769063882014-05-09T20:55:47.936+05:302014-05-09T20:55:47.936+05:30Hi ST,
New reader here. Where did you put your in...Hi ST,<br /><br />New reader here. Where did you put your initial stop loss? Was it just below the 6700 BRN? Thanks.Chrishttps://www.blogger.com/profile/16499149747298986520noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-63169507036989318102014-05-09T20:55:05.369+05:302014-05-09T20:55:05.369+05:30Great situational awareness. Thanks!
CNBC? I woul...Great situational awareness. Thanks!<br /><br />CNBC? I would rather watch Cartoon Network with my kid. I have already lost lot of money watching CNBC experts.PA Traderhttps://www.blogger.com/profile/10987285049606744293noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-46377687318808517392014-05-09T20:31:06.515+05:302014-05-09T20:31:06.515+05:30Hi ST
i remember the chart u were mentioning
is t...Hi ST<br />i remember the chart u were mentioning <br />is there any way to know till what point did the bof take the price as at some point fresh positions invariably get built<br />thanks<br />TBP<br />Anonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-84281069353424343082014-05-09T20:20:40.487+05:302014-05-09T20:20:40.487+05:30Kishore
If price opens within previous days closi...Kishore<br /><br />If price opens within previous days closing range, this range extremes may act as barriers. <br />This is applicable to all ranges including Barbed wires. If the range is narrow better to wait till price trades out of it<br />ST<br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-33250996112800011982014-05-09T20:01:33.187+05:302014-05-09T20:01:33.187+05:30Yes Deven
You are right. It was a TRAP
I was awar...Yes Deven<br />You are right. It was a TRAP <br />I was aware of it. Further up move will create a flip zone at 6900<br />One can go long with SL below it. But everything will depend on the "Big Event"<br />On 04022014, I had posted a day chart which I deleted later. It was about a BOF of 6000<br />Market was in a range 6000-6400 for a long time. This BOF ran for 800 points<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-18870653442276481202014-05-09T19:59:05.666+05:302014-05-09T19:59:05.666+05:30Hi ST,
Yesterdays Barbed wire has significance tod...Hi ST,<br />Yesterdays Barbed wire has significance today ?<br />Why I am asking this is there was BOF PDC today and I hesitated to take long because of barbed wire .<br /><br />rgds<br />Kishorekishorehttps://www.blogger.com/profile/12115615190825318879noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-41087695989330539752014-05-09T19:43:34.746+05:302014-05-09T19:43:34.746+05:30Kishore/PA Trader
There is no way to know for sur...Kishore/PA Trader<br /><br />There is no way to know for sure.<br />But there will always be some clues around.<br />1.Price broke out of the Barbed wire range. naturally we can expect some up move<br />2.Break out of BRN which showed strength<br />3.BO PDH. A major transition in sentiment<br />4.BOF of BRN 6700 , Range low of daily chart.6700-6900 range<br />5.Positional traders panic and start to exit<br />6.Critical mass of position traders short<br />7.Reversal after nine days of continuous fall.<br />8.Move in the direction of major trend after a pull back.<br />9.Week end . Shorts already in profit started booking profit on the first sight of reversal<br />10.Position buildup for election result play<br />For other funny reasons watch CNBC<br />But nobody thought Nifty will retrace the nine day fall in a single session.<br />Anyway fortunes were made and lost today<br /><br />ST<br /><br /><br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-23011041700522733832014-05-09T19:40:30.900+05:302014-05-09T19:40:30.900+05:30Hi ST,
Although i have left trading Positional, ...Hi ST,<br /><br /> Although i have left trading Positional, but an Observation on daily Chart. A TRAP pattern has occurred giving an Entry signal for a Positional Long today-<br />http://www.tradewithdeven.blogspot.in/<br /><br />Mkt is in uptrend, If Price sustains above Last high, another entry will also trigger..<br />whats your comments..<br /><br />Thanks,<br />Deven MalhotraDeven Malhotrahttps://www.blogger.com/profile/10819749594539967646noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-58593366947133813752014-05-09T18:19:40.477+05:302014-05-09T18:19:40.477+05:30I too could'nt enter a trade as was not feelin...I too could'nt enter a trade as was not feeling comfortable because of the extended moves in one direction. When the market has already moved 40-50 points my mindset becomes to look for a counter trend trade. This is what prevented me from entering a trade today.PA Traderhttps://www.blogger.com/profile/10987285049606744293noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-86968441833345564582014-05-09T17:52:53.409+05:302014-05-09T17:52:53.409+05:30When to ride and when not to ride ?..
When can one...When to ride and when not to ride ?..<br />When can one confirm a day in Type 1. (trending)<br /><br />regards<br />Kishorekishorehttps://www.blogger.com/profile/12115615190825318879noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-82003894124163778502014-05-09T17:14:46.020+05:302014-05-09T17:14:46.020+05:30Kishore
Yes. Difficult to enter again on an over ...Kishore<br /><br />Yes. Difficult to enter again on an over extended move.<br />Should get an entry early and ride the move<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-50469490798025309312014-05-09T17:10:57.189+05:302014-05-09T17:10:57.189+05:30Sudarshan
Fortunately these days are very rare.
...Sudarshan<br /><br />Fortunately these days are very rare. <br />The range trading mindset will stay and we will try to short at every DP<br />Fortunately the market never gave a short signal today<br /><br />ST<br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-20882742268581694082014-05-09T17:03:48.537+05:302014-05-09T17:03:48.537+05:30Hi ST..
Only 30 points..
A bad exit cost me so man...Hi ST..<br />Only 30 points..<br />A bad exit cost me so many points ..I exited at a profit of 30 points ,....<br /><br />http://tinypic.com/r/5fi5xj/8<br /><br />As the nifty already moved huge points did not have the courage to take another position .<br /><br />rgds<br />Kishorekishorehttps://www.blogger.com/profile/12115615190825318879noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-59315159253404901162014-05-09T16:13:16.935+05:302014-05-09T16:13:16.935+05:30hi ST
How often v can expect these type of m...hi ST<br /> How often v can expect these type of moves? 1 a month or more?Anonymoushttps://www.blogger.com/profile/00127056269086591844noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-79152740562314645332014-05-09T15:57:26.147+05:302014-05-09T15:57:26.147+05:30What a day Sir Ji..
Took long on BOF of PDC ... bo...What a day Sir Ji..<br />Took long on BOF of PDC ... booked 1 lot n carried 1 lot.. Hope exit polls n results come in favour to NaMo :)Anonymoushttps://www.blogger.com/profile/17964727613139138480noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-22624734395045871942014-05-09T15:43:05.723+05:302014-05-09T15:43:05.723+05:30Hi ST
A smooth day after quite a time.
Traded Tat...Hi ST<br /><br />A smooth day after quite a time.<br />Traded Tata Steel as BOF IRL. It was trailing after that.<br /><br />Thanks<br />TBPAnonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.com