Traded the August chart. Nifty gaped down below PDL. IR formed. Did not trade the area between BRN 7700 and PDL 7750 as this area was PDC and PDL in continuous charts. Nifty sold touching PDL. Went short below IRL. After a scary pull back it was smooth ride till NS BRN level.
U R Dave has posted his trade journal for the month of July.Great going URD. Congrats ( Read )
ST Sir,
ReplyDeleteNice Trending day, bagged 79 points.
Trades here
Good trades
DeleteI missed the up move due to over analysis
ST
Hi ST
ReplyDeleteDid not understand the reason behind not trading the CT long trade.
Thanks
TBP
It was PDC and PDL area on continuous chart
DeleteSee 31072014 chart. So avoided
ST
Sir
ReplyDeleteThank you very much. All I could achieve is only because of you. It was not possible without you.
URD
“Any darn fool can make something complex; it takes a genius to make something simple.” - Pete Seeger
ReplyDeleteYou made it all simple for us ST...thanks
Hi ST Two crisp questions
ReplyDelete1. How do you get 3 mints live candle chart of the nifty
2. How do you draw DPs on the live chart.
thanks for your great blog
I am using Ichart.in web based chart.
DeleteYou can type and draw manually on I chart
ST
Hi ST,
ReplyDeleteToday (4 August ) after three attempts to breakdown 7650 failed, I tried a long above 9.33 bar IRH. While waiting, a pivot formed at 10.42, I took long above 9.33. Was I correct or should I have taken above 10.42?
Both will work. We are trying to ride stop triggering. But more stops will be above the extreme
DeleteBut you may get easy fill at the first level.
ST