tag:blogger.com,1999:blog-441270257889145227.post7821264724371163741..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 29012014SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger41125tag:blogger.com,1999:blog-441270257889145227.post-6037701362334066762014-07-06T23:39:12.713+05:302014-07-06T23:39:12.713+05:30S Roy
It works only if the trend is strongly down ...S Roy<br />It works only if the trend is strongly down and the move is not over extended<br />Actually the first situation is a complex pull back and the second one a TRAP<br />Here also the entry is very discretionary Trend should be strong and DP should be weak<br /><br />ST. <br /><br />SMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-40968474185757630822014-07-06T23:09:03.364+05:302014-07-06T23:09:03.364+05:30Hi ST,
Is this a confirmed observation that can be...Hi ST,<br />Is this a confirmed observation that can be used live? Thanks. Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-13013808197961999092014-05-16T16:08:10.201+05:302014-05-16T16:08:10.201+05:30S Roy
Big institutions are option sellers. They w...S Roy<br /><br />Big institutions are option sellers. They will be having big exposures at strike levels. <br />They defend these areas with their might especially near to expiry.The volatility you witness on expiry day is because of this. It is a premium eating game<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-85569071771821629602014-05-12T19:00:19.704+05:302014-05-12T19:00:19.704+05:30ST,
just out of curiosity...what is the connection...ST,<br />just out of curiosity...what is the connection between Nifty spot and Options defense? I can understand defending Stock options with stock prices, but to defend nifty options with stocks, they may have to work with multiple stocks, sounds complicated. I am sure I am missing a gorilla here, please help me understand, this is not a priority though I have lots more to understand on DPs which I am sure will keep me busy for a very long time. Trekkiehttps://www.blogger.com/profile/09806847902618946893noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-23668026750206324402014-01-30T22:45:13.390+05:302014-01-30T22:45:13.390+05:30PATrader
I posted those historical charts in refer...PATrader<br />I posted those historical charts in reference to the "observation of HL shared by Raghu" and its consequent discussion with ST and Raghu. You are right, we need to wait till MSP cracks for confirmation of new trend.<br /><br />ST,<br />Thanks for sharing the http://i61.tinypic.com/20h402.pngUday Davehttps://www.blogger.com/profile/01795649158159354305noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-58521826302218827412014-01-30T18:39:07.162+05:302014-01-30T18:39:07.162+05:30PATrader
Yesterday I had written this in the repl...PATrader<br /><br />Yesterday I had written this in the reply. But it is missing.<br /><br />Hope you drive a car.Remember how you learned it.<br /><br />First you learned about the controls.Then you simulated it and practiced it live.This is not enough.<br /><br />To become a good driver, something else you have to develop. It is called road sense. It takes time. <br /><br />You have to develop Market Sense. It will take time. But unfortunately people will flirt to some other method before this happens<br /><br />ST<br /> <br /><br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-16464813951806192502014-01-30T18:21:41.954+05:302014-01-30T18:21:41.954+05:30Thanks ST for your response on my comment.
@URD,I...Thanks ST for your response on my comment.<br /><br />@URD,I feel that what you are suggesting is based upon the definition of trend change. A trend change from down to up happens when there is a) a Higher Low and b) a Higher high. A higher low fulfills first criteria of the trend chage definition. But until a higher high is not formed by breaking the MSP, the downtrend is still said to be intact. What do you say?PA Traderhttps://www.blogger.com/profile/10987285049606744293noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-50598949132718851962014-01-30T10:58:35.534+05:302014-01-30T10:58:35.534+05:30PATrader
http://i61.tinypic.com/20h402.png
STPATrader<br /><br />http://i61.tinypic.com/20h402.png<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-59181904674288281092014-01-30T08:40:16.263+05:302014-01-30T08:40:16.263+05:30hi ST,
I'm learning from your blog. Thank you...hi ST,<br /><br />I'm learning from your blog. Thank you!.<br />Ananthesha Saralihttps://www.blogger.com/profile/03420448620209258909noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-117540638540914632014-01-30T00:13:27.763+05:302014-01-30T00:13:27.763+05:30ST,
My problem is that I am not able to manage my ...ST,<br />My problem is that I am not able to manage my trade well, especially I am not able to decide if I should hold on to a trade if its not moving , or I should exit. Take today's example.<br /><br />http://imgur.com/SueqVVr<br /><br />I shorted at point 1 as BOF of PDH. I took an exit at 2 when price went above the minor swing point just before it. I felt that the price is not moving in my direction and so exited. <br />Then again I took a TST of PDH and shorted below the range low at 3. Price once again went up and formed a range. I kept 4 as my SL, but when price reached 5, i got fed up and exited at BE, just before the bearish WRB.<br /><br />I am confused between "Identify when you are not right and move out" and "Give the price some play area".PA Traderhttps://www.blogger.com/profile/10987285049606744293noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-69504606275152004452014-01-29T22:00:24.302+05:302014-01-29T22:00:24.302+05:30Sanjaya
Avoid direct breakouts as far as possible...Sanjaya<br /><br />Avoid direct breakouts as far as possible.Look to sell the range highs and buy the range lows.Most of the breakouts will trap you.<br /><br />ST<br /><br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-34910380670631661132014-01-29T21:56:10.207+05:302014-01-29T21:56:10.207+05:30Sir thnx very muchSir thnx very muchamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-63973766563624835462014-01-29T21:52:16.154+05:302014-01-29T21:52:16.154+05:30Anoop
OHLC
6161.10,6174.95,6107.25,6127.90
STAnoop<br /><br />OHLC<br />6161.10,6174.95,6107.25,6127.90<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-67246070201688574652014-01-29T21:46:03.802+05:302014-01-29T21:46:03.802+05:30Amber
IRL, MC Low and DO same levels
STAmber<br /><br />IRL, MC Low and DO same levels<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-45043952284264364942014-01-29T21:42:26.365+05:302014-01-29T21:42:26.365+05:30Good Evening ST,
I shorted after breaking of RN &a...Good Evening ST,<br />I shorted after breaking of RN & PDC around 1.15 PM & later closed it with loss. Is it a right trade?<br /><br />ThanksAnonymoushttps://www.blogger.com/profile/08463088042535247794noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-45868396553655394132014-01-29T21:27:48.809+05:302014-01-29T21:27:48.809+05:30Sir kindly update on my question thnxSir kindly update on my question thnxamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-38651788452707612462014-01-29T21:13:00.119+05:302014-01-29T21:13:00.119+05:30sir, what is today's HIGH,LOW and CLOSE ....?...sir, what is today's HIGH,LOW and CLOSE ....? sir i am using 3 min nest chart for trading but very different candle creating between our chart i think your chart is more perfect what kind of chart are you using ? replay me pls anoop.avnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-74992584606429200242014-01-29T19:53:09.375+05:302014-01-29T19:53:09.375+05:30Kishore
It was not a channel
Channel will make s...Kishore <br /><br />It was not a channel<br />Channel will make successive lower highs and lower lows. Here price traded in successive lower ranges<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-61340567372368850602014-01-29T19:44:51.016+05:302014-01-29T19:44:51.016+05:30ST and Raghu,
Here couple of historical charts.
h...ST and Raghu,<br />Here couple of historical charts.<br /><br />http://i59.tinypic.com/2h5ra4z.jpg<br /><br />http://i58.tinypic.com/34o3l1g.jpg<br /><br /><br />Uday Davehttps://www.blogger.com/profile/01795649158159354305noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-70337818113230306062014-01-29T19:42:31.531+05:302014-01-29T19:42:31.531+05:30ST,
It looked like a channel to me ..
So hesitated...ST,<br />It looked like a channel to me ..<br />So hesitated to take the trades...<br />Is day not a diagonal barbed wire till the last fall ?<br /><br />rgds<br />KishoreAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-48110614848971883852014-01-29T19:02:00.243+05:302014-01-29T19:02:00.243+05:30Sir & Dave
actually it not "depending o...Sir & Dave<br /><br />actually it not "depending on the distance between E to MSP"<br /><br />It should be <b>"depending on the distance between HL to MSP"</b><br /><br />Raghu <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-67153818439602785112014-01-29T19:01:37.147+05:302014-01-29T19:01:37.147+05:30URD
We will do it after going through some more h...URD<br /><br />We will do it after going through some more historical charts<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-33649805121792560602014-01-29T18:41:07.420+05:302014-01-29T18:41:07.420+05:30Raghu and ST,
I feel this topic is worth making a...Raghu and ST,<br /><br />I feel this topic is worth making a blog post. It will be better understood by others if these thoughts are put together in a nice manner. Request you to do needful.Uday Davehttps://www.blogger.com/profile/01795649158159354305noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-62749151957554542742014-01-29T18:30:24.381+05:302014-01-29T18:30:24.381+05:30ST,
Thanks. I too feel location is important. It ...ST,<br />Thanks. I too feel location is important. It is just the momentum at that particular point that it lacks. It kind of frustrates. But that is the reality. Lets accept it.Uday Davehttps://www.blogger.com/profile/01795649158159354305noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-19144540798170742992014-01-29T18:25:38.364+05:302014-01-29T18:25:38.364+05:30Sir good evening , sir in todays update you have n...Sir good evening , sir in todays update you have not taken IRL any reason for it , kindly update thnxamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.com