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[Taiki]

Holding Short on NF at 6345, CMP = 6185
Bought 2 lots of NIFTY 6300 PE at 150.00, CMP = 160

Regards
Taiki

Exited the SHort in NF at 6190, and exited the long in 6300 PE at 148.

Now no position

Regards
Taiki

 

[timepass]

Exited the SHort in NF at 6190, and exited the long in 6300 PE at 148.

Now no position

Regards
Taiki

:thumb::thumb:

 

[dhananjaybais]

I will suggest you to read Marcel link's "high probability trading" and Thomas Bulkowski's book on chart pattern.

Hi Taiki. Thanks for the reply. Where can i find these books from?? any on-line link?

 

[TraderRavi]

Exited the SHort in NF at 6190, and exited the long in 6300 PE at 148.

Now no position

Regards
Taiki

are you sure about your exit , I mean decision influenced by TP's post kya ?
cause trend is down .

 

[Taiki]

Hi Taiki. Thanks for the reply. Where can i find these books from?? any on-line link?

You can get the pdf version by simply searching in google. Else pm me your mail id. I will send them to you

Regards
Taiki

 

[Taiki]

are you sure about your exit , I mean decision influenced by TP's post kya ?
cause trend is down .

Hi Ravi bhai.

Yes I exited my short position as a result of break-out failure at previous two day's low. And NIFTY fut bounced from S/R area of 6160 and closed at 6193.

To me the medium term trend still remains down with a descending triangle pattern clearly visible in NIFTY hourly and 15 min chart. Descending triangle is a bearish continuation pattern. So I will expect NIFTY to break this range on downside and will re-enter short below 6160. (If NIFTY breaks this pattern on downside with good volume).

Regards
Taiki

 

[Taiki]

Entered fresh position short in NIFTY FUT at 6220. Stop loss at 6260. Will keep it open over weekend.

Regards
Taiki

 

[dhananjaybais]

Hi Taiki,
I searched the web for these books but not able to locate them. It would be a great help if you could mail the same to me. I was not able to PM you may be coz its disabled. Plz enable it so that i can contact you.

 

[Taiki]

Hi Taiki,
I searched the web for these books but not able to locate them. It would be a great help if you could mail the same to me. I was not able to PM you may be coz its disabled. Plz enable it so that i can contact you.

High probability Trading
http://www.************/office/6Shc0vWJ/marcel_link_-_high_probability.htm

Getting started in Chart pattern
http://www.************/office/RjDLx_ee/Getting_Started_in_Chart_Patte.html

Regards
Taiki

 

[dhananjaybais]

Hi Taiki. Thanks for te links but unfortunately they are not working for me.