tag:blogger.com,1999:blog-441270257889145227.post8562771369981519826..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 06062014SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-441270257889145227.post-59222654863075731202014-06-07T10:51:32.371+05:302014-06-07T10:51:32.371+05:30Now going through it
STNow going through it <br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-59597754817605548162014-06-07T10:37:00.151+05:302014-06-07T10:37:00.151+05:30Sir,
Sent you a mail regarding Trade Score yester...Sir,<br /><br />Sent you a mail regarding Trade Score yesterday. Wondering whether you got it<br /><br />ThanksUday Davehttps://www.blogger.com/profile/01795649158159354305noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-60737912146814463782014-06-07T10:20:23.553+05:302014-06-07T10:20:23.553+05:30Yes. Will do
STYes. Will do<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-12346450450111572852014-06-07T08:44:39.339+05:302014-06-07T08:44:39.339+05:30ST,
Thanks a lot for detailed answer.
If time pe...ST,<br /><br />Thanks a lot for detailed answer.<br /><br />If time permit kindly explore more the topic with some additional posts on how to trade broader ranges, tight range and pressure plays with some examples.<br /><br /><br /><br />BharatBharathttps://www.blogger.com/profile/17779931602158850973noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-24122116243450240942014-06-06T23:32:27.073+05:302014-06-06T23:32:27.073+05:30Thanks Sir
Thanks Sir<br />Manish Bhartihttps://www.blogger.com/profile/00896753172585277508noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-50217379504118964782014-06-06T22:45:39.594+05:302014-06-06T22:45:39.594+05:30Please go through all the important posts listed b...Please go through all the important posts listed below the blog<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-55016580226260616222014-06-06T21:21:19.209+05:302014-06-06T21:21:19.209+05:30Sir,
Please provide link for BPB and BO both.
I tr...Sir,<br />Please provide link for BPB and BO both.<br />I traded only one trade today-- I placed a buy stop @ 7566.05 just above the 6 range bars on one min chart. Sop placed below these range bars @ 7555.9. Take profit @ 7582 when saw minor resistance @ 7582. Earned something but I think that method did not followed well by me perfectly. <br />Regards<br />Manish Bhartihttps://www.blogger.com/profile/00896753172585277508noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-4438717592069008992014-06-06T20:35:29.522+05:302014-06-06T20:35:29.522+05:30Do not pay too high a tuition fee.
Your profitabi...Do not pay too high a tuition fee. <br />Your profitability will depend on your ability to bargain and reduce the fee<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-90677731062468896632014-06-06T20:27:11.851+05:302014-06-06T20:27:11.851+05:30Veer
CT is Counter Trend trade
STVeer<br /><br />CT is Counter Trend trade<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-39817211644846558642014-06-06T20:13:19.341+05:302014-06-06T20:13:19.341+05:30Sir,
Can you expand CT. I am unable to find in Gl...Sir,<br /><br />Can you expand CT. I am unable to find in Glossary.<br /><br />Regards,<br /><br />Veerveerhttps://www.blogger.com/profile/08434340304735394632noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-47482185816656254992014-06-06T18:30:49.118+05:302014-06-06T18:30:49.118+05:30i too entered shorts @ IRH and HOD and scratched. ...i too entered shorts @ IRH and HOD and scratched. Finally entered long @ 7565 exited the trade @ 7599. It was very deceptive in the morning session and looked like it would not break the highs. every day is market provides a learning opportunity. but sometimes tuition fee is highAnonymoushttps://www.blogger.com/profile/07953499963121206647noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-73866106933088909442014-06-06T18:29:43.649+05:302014-06-06T18:29:43.649+05:30Sir good evening thnx very much for your IRH and I...Sir good evening thnx very much for your IRH and IRL method as i apply it in multiples in uptrend and downtrend. God Bless You thnxamberhttps://www.blogger.com/profile/09613919434721370715noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-17841628214239233502014-06-06T18:20:27.569+05:302014-06-06T18:20:27.569+05:301.PP needs Stop Loss order accumulation above rang...1.PP needs Stop Loss order accumulation above range.Break out should trap critical mass.Preferably a BOF should happen at the other extreme. Here the gap was an outside trend gap. Usually there will be some consolidation within a range before next move<br />2.Do not micro manage. Price did not go below entry bar or traded DP that is IRL<br />3.Here we will get trapped. It is all in the game<br />4.price went just a point above HOD.Not a powerful one to look for a CT trade. Where is the space? Price remained within the higher range. Never fell to the early range.<br />5.CT trades are always low probability once. Usually taken in an established range targeting the other extreme, On exhaustion or after a climatic move. or on critical mass getting trapped in a powerful BOF<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-91314140495788946212014-06-06T16:57:14.851+05:302014-06-06T16:57:14.851+05:30ST,
I took long above 10.48 considering pressure...ST,<br /><br />I took long above 10.48 considering pressure play keeping sl below 10.54.. exited below 11.00.<br />How to differentiate between range breakout and pressure play breakout?<br />2nd trade took long above 11.27 IRL failure.. exited on minor pivot of 11.39. missed the whole move.:(<br />3rd trade short below 1.39 which failed immediately 1.54 exit.<br />4.th trade short below 2.30 days high failure again. Exited above 2.36 candle <br /><br />After 4 trade failing was not in condition to take another trade so missed final move .. bad day for me. <br /><br />Kindly enlighten with your thought process at what point during the day today, we consider that we should avoid counter trend trades as trend is strong.. there are times where we take counter trend trades on strong trend days also.. i m confused here. <br /><br />Bharat<br /><br /><br /><br />Bharathttps://www.blogger.com/profile/17779931602158850973noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-54339791911214938412014-06-06T16:43:17.711+05:302014-06-06T16:43:17.711+05:30Thanks for your advise TBP.
Since i trade from th...Thanks for your advise TBP. <br />Since i trade from the office, if i switch candle chart on everyone will stare at my monitor & personally i do want to use Candle charts.<br /><br />Regards<br />NaveenPrice Action Labhttps://www.blogger.com/profile/05919310508883993670noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-53772920587837567012014-06-06T16:37:23.479+05:302014-06-06T16:37:23.479+05:30Thanks ST,
I will try to avoid CT & BO trades...Thanks ST,<br /><br />I will try to avoid CT & BO trades for some time.Price Action Labhttps://www.blogger.com/profile/05919310508883993670noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-66891028364583171912014-06-06T16:32:01.307+05:302014-06-06T16:32:01.307+05:30Rose Mary
Going long on the BOF of range lows/DPs...Rose Mary<br /><br />Going long on the BOF of range lows/DPs will be the most rewarding trades when market is in rally mode<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-17560680970677701292014-06-06T16:27:08.196+05:302014-06-06T16:27:08.196+05:30@ ST
@Naveen
ST, I think Naveen can trade better ...@ ST<br />@Naveen<br /><br />ST, I think Naveen can trade better if he uses candle sticks chart. Candle sticks reveal a lot, better than bar chart.<br />Its my personal opinion, Naveen, so don't take it to heart but do compare over the weekend.<br /><br />Thanks<br />TBPAnonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-9690883223943812232014-06-06T16:23:57.005+05:302014-06-06T16:23:57.005+05:30Naveen
Market is in a new bull orbit which may las...Naveen<br />Market is in a new bull orbit which may last for months. When market is in rally mode short trades are low probability ones. Focus more on with the trend BOF trades. Direct BO trades are low probability ones. <br />http://niftynirvana.blogspot.in/2013/10/breakout-blues.html<br /><br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-23392163714210310832014-06-06T16:04:00.500+05:302014-06-06T16:04:00.500+05:30TBP
Market is trading at all time highs. Every dip...TBP<br />Market is trading at all time highs. Every dip is being bought into<br />If market is in a rally mode careful with your shorts.Earlier I had lost a lot of money trading CT. <br />http://niftynirvana.blogspot.in/2012/02/bucking-trend.html<br />STSMART Traderhttps://www.blogger.com/profile/15315918975356032072noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-47146533778549400532014-06-06T16:01:52.350+05:302014-06-06T16:01:52.350+05:30ST Sir,
Nifty had good run, managed to fetch 22 p...ST Sir,<br /><br />Nifty had good run, managed to fetch 22 points… prolonged sideways range forced me to sit idle most of the day.<br /><br />Chart here http://imgur.com/yNZXbhK<br /><br /><br />TRADE1:<br /><br />Short at 7518, as BO of IRL with initial SL above DO (7526)<br />SL hit; exited trade with 10 points loss<br /><br /><br />TRADE2:<br /><br />Long above 7561 (HOD) after BOF of 7550 RN with initial SL 7548<br />Moved SL to 7562, after NF moved 7582<br />Exited at 7595 near EOD with gain 32 points<br /><br />Points earned: +22Anonymoushttps://www.blogger.com/profile/17964727613139138480noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-44867932495763378112014-06-06T15:57:47.754+05:302014-06-06T15:57:47.754+05:30HI ST,
Bad day for me, I ended in 30+ points in n...HI ST,<br /><br />Bad day for me, I ended in 30+ points in negative.<br />Please comment on my trades<br />http://screencast.com/t/MsnN4p72Mx5<br /><br />Regards<br />NaveenPrice Action Labhttps://www.blogger.com/profile/05919310508883993670noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-58526191381048196612014-06-06T15:55:23.548+05:302014-06-06T15:55:23.548+05:30Hi ST
Thought it to be absorption around 7540. Bu...Hi ST<br /><br />Thought it to be absorption around 7540. But got the answer soon.<br /><br />Thanks<br />TBPAnonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.com