tag:blogger.com,1999:blog-441270257889145227.post6038114444181249066..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 20112014SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-441270257889145227.post-48125159564652517582014-11-21T22:38:27.792+05:302014-11-21T22:38:27.792+05:30Hi ST,
Should we have stopped trading the DP after...Hi ST,<br />Should we have stopped trading the DP after the short or after the long? Thank youTrekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-63956650934065388832014-11-21T16:31:20.599+05:302014-11-21T16:31:20.599+05:30Price need not be messy in a BW
Under the method t...Price need not be messy in a BW<br />Under the method trades are taken away from a DP with a SL on the other side of it<br />If price moves up and down a DP we will go on getting stopped out. That is what happened today<br />The solution is to avoid trading the same DP after a stop out<br /><br />ST <br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-48429798176889365232014-11-21T16:23:53.680+05:302014-11-21T16:23:53.680+05:30Thanks
STThanks<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-22087397188089443462014-11-21T16:22:57.647+05:302014-11-21T16:22:57.647+05:30Trade what you see on your chart and not what you ...Trade what you see on your chart and not what you think<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-84290068602088123382014-11-21T16:20:57.521+05:302014-11-21T16:20:57.521+05:30Yes price rallied from the same spot
I forgot to ...Yes price rallied from the same spot <br />I forgot to notice it and tried a BPB to lose money<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-88565986973767222342014-11-21T16:17:02.983+05:302014-11-21T16:17:02.983+05:30Thanks
STThanks<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-61197359758279360692014-11-21T15:42:45.157+05:302014-11-21T15:42:45.157+05:30Hi ST, how could u have known it was a barb wire w...Hi ST, how could u have known it was a barb wire when u took the 3 trades?<br />Price seens pretty clean to me, not as messy as the usual barbed wire?Anonymoushttps://www.blogger.com/profile/08478136966274929086noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-63422077059444829102014-11-21T09:46:57.256+05:302014-11-21T09:46:57.256+05:30PA Trader - I have observed USDINR for a few days ...PA Trader - I have observed USDINR for a few days now. I haven't found any RN or BRN work well in that counter. Will have to live with swing points I believe. <br />What has been your observations? <br />What decision points do you watch for in the ccy pair?Bhavirhttps://www.blogger.com/profile/08258148053969052614noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-58487061440679234122014-11-21T09:09:48.924+05:302014-11-21T09:09:48.924+05:30Hi ST
Great one!!!
With you, everything comes tog...Hi ST<br /><br />Great one!!!<br />With you, everything comes together!!<br />You are our windshield!!<br />Thanks STAnonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-71519942935917354102014-11-21T07:53:35.624+05:302014-11-21T07:53:35.624+05:30Thank You.Thank You.L.V.Gandhihttps://www.blogger.com/profile/08617098959830719448noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-18819845489508540392014-11-21T03:55:08.211+05:302014-11-21T03:55:08.211+05:30http://www.swing-trading-club.com/using-pivot-days...http://www.swing-trading-club.com/using-pivot-days.htmlamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-58588107130046909022014-11-21T01:38:05.234+05:302014-11-21T01:38:05.234+05:30Hi ST,
Today the down move is filled immediately ...Hi ST,<br /><br />Today the down move is filled immediately in the afternoon session many times. Also the sellers are not aggressive. but the market breath is negative. looks like IT sector is holding the market. but I feel we might see some correction before expiry. So traded only on short side.<br /><br />Thanks,<br />ArisAnonymoushttps://www.blogger.com/profile/14597196857254640150noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-27870399602439776162014-11-21T01:22:27.197+05:302014-11-21T01:22:27.197+05:30Thanks for sharing ST. Good day to learn some conc...Thanks for sharing ST. Good day to learn some concepts, control emotions and practice discipline.<br />Todays low = low of 17th Nov (Spot too did not break 8350)<br /><br />My reading of the market at - <br />http://niftytradediary.wordpress.com/2014/11/21/20-nov-2014/Bhavirhttps://www.blogger.com/profile/08258148053969052614noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-20137593813601636982014-11-20T20:45:13.575+05:302014-11-20T20:45:13.575+05:30Good read-
http://www.theglobeandmail.com/globe-i...Good read-<br /><br />http://www.theglobeandmail.com/globe-investor/how-a-trader-turned-1600-into-17-million-in-six-months/article21592425/tRaDeR_Bhttps://www.blogger.com/profile/15288479217985745103noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-20000774108092182532014-11-20T20:16:37.267+05:302014-11-20T20:16:37.267+05:30Was it a BPB of BRN or BOF of PDC?
Nobody knew at ...Was it a BPB of BRN or BOF of PDC?<br />Nobody knew at that time. Only clear in hindsight<br />BPB of PDC came too late. After 3 PM<br />Nifty moved vertically from 8370. Why should one enter near 8420?<br />I will never chase such over extended moves<br />Trading the patterns blindly will not work. Concepts like Space, Critical Mass, Order Flow, Risk etc to be considered<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-57582822287469667862014-11-20T20:02:21.458+05:302014-11-20T20:02:21.458+05:30Why you did not consider BPB at BRN or PDC?Why you did not consider BPB at BRN or PDC?L.V.Gandhihttps://www.blogger.com/profile/08617098959830719448noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-25911103560150563752014-11-20T17:06:15.826+05:302014-11-20T17:06:15.826+05:30Pay attention to space, especially on CT Trades
S...Pay attention to space, especially on CT Trades<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-28526371011333737952014-11-20T17:00:53.953+05:302014-11-20T17:00:53.953+05:30I took a BPB BRN long at 10:42 which got scratched...I took a BPB BRN long at 10:42 which got scratched at BRN and then took BPB short BRN at 11:48 which got covered by the 12:42 candle.<br />I am trying to get back to my blog at patrader101.blogspot.in Last two months were not good as I was in a deep drawdown and I was doing only paper trades. Things are looking up now and am back to live trading. With the reduction in lot size of NF, I am now able to trade NF also. DP trading using NF is giving me better results than USDINR. PA Traderhttps://www.blogger.com/profile/10987285049606744293noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-79627759126634087742014-11-20T16:51:44.625+05:302014-11-20T16:51:44.625+05:30It was not a very convincing one. More of a TST th...It was not a very convincing one. More of a TST than a BOF<br />Still it was with trend. At a range extreme. Strong levels PDC and DO.<br />Extreme of yesterday last impulse. A trade can be considered. Very low risk<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-79265441280649883812014-11-20T16:50:52.855+05:302014-11-20T16:50:52.855+05:30thanks ST
Somehow I am not able to pick PP trades...thanks ST<br /><br />Somehow I am not able to pick PP trades .<br />I<br /> was thinking it as a BW and didnt think for a long trade because of BRN.<br /><br />thanks<br />KishoreTrader Paihttps://www.blogger.com/profile/17780707321214027984noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-50679833080314376332014-11-20T16:48:48.657+05:302014-11-20T16:48:48.657+05:30The BRN in between was an issue.
Still it was ver...The BRN in between was an issue. <br />Still it was very clear that price was going to rane between PDC and PDL<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-61330821575543783902014-11-20T16:46:09.184+05:302014-11-20T16:46:09.184+05:30It is all in the game. No issues at all . Listen t...It is all in the game. No issues at all . Listen to the Bug by Mary Chapin<br />https://www.youtube.com/watch?v=q_rbjg2k6cI<br />Well it's a strange old game you learn it slow<br />One step forward and it's back you go<br />You're standing on the throttle<br />You're standing on the brake<br />In the groove 'til you make a mistake<br /><br />Sometimes you're the windshield<br />Sometimes you're the bug<br />Sometimes it all comes together baby<br />Sometimes you're just a fool in love<br />Sometimes you're the Louisville Slugger<br />Sometimes you're the ball<br />Sometimes it all comes together<br />Sometimes you're gonna lose it all<br /><br />TST can be taken at extremes. But a BOF can give a lot of confidence<br /><br />ST<br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-21952717304372086662014-11-20T16:09:37.840+05:302014-11-20T16:09:37.840+05:30Is it a BOF of PDC in the morning session? tails o...Is it a BOF of PDC in the morning session? tails only above PDC. you normally don't call it as BOF. NPA Traderhttps://www.blogger.com/profile/08036392524061922008noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-43672384389487856052014-11-20T16:08:21.114+05:302014-11-20T16:08:21.114+05:30Hi ST,
First two trades me too had the similar ex...Hi ST,<br /><br />First two trades me too had the similar experience. Did you think of taking that first short trade when price revisited PDC-DO area and held?tRaDeR_Bhttps://www.blogger.com/profile/15288479217985745103noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-53275134638007543252014-11-20T16:02:01.295+05:302014-11-20T16:02:01.295+05:30Hi ST
Just one off day!! You will bounce back..
ST...Hi ST<br />Just one off day!! You will bounce back..<br />ST, would the last long be a TST long of LOD or would you have waited for PDL or swing high to get taken out??<br /><br />Thanks<br />TBPAnonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.com