Monday, December 10, 2012

10122012


Nifty opened within previous day range.IR formed. Went long on BOF of IR Low/PDL. TP at IR high. Short on retest of IR High.Scratched the trade when the second attempt to go below 5940 failed. BOF of PDL gave a long signal.TP at IR High. BOF of LOD gave another long. Covered at IRH.Nifty was within 25 point range the whole day and neither of the trades move  as expected.
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6 comments:

  1. bullvsbearDecember 10, 2012 at 8:22 PM

    Dear ST,

    May I know the Site you are using the Intraday Live Charts.

    Thanks in Advance..

    ReplyDelete
  2. SMART TraderDecember 10, 2012 at 8:31 PM

    Sekar

    I am using
    http://www.icharts.in/

    ST

    ReplyDelete
  3. Sunil SaranjameDecember 10, 2012 at 9:40 PM

    Dear ST, "The Price Flippers" can be a good name for traders who use your method.

    Thanks a lot, I've learned a lot from your insights and as you maybe aware, I'm using your method for my intraday trades.

    ss

    ReplyDelete
  4. SMART TraderDecember 10, 2012 at 10:12 PM

    @ SS

    Thanks
    Nice Name.
    What about authoring a book titled
    "Trading the Flip"
    "How I Day Trade Nifty Futures for a Living" ?

    ST


    ReplyDelete
  5. Sunil SaranjameDecember 11, 2012 at 8:57 AM

    "Trading the Flip" wow! nice!

    Please do consider writing a book in the near future and I would be glad to help you in whatever way I can.

    Good day,

    ReplyDelete
  6. SMART TraderDecember 11, 2012 at 12:22 PM

    @SS

    Thanks
    Now publishing a book is not a problem at all.Self publishing and Print on demand digital printing services are available. Check
    http://pothi.com/pothi/

    ST

    ReplyDelete

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