Day Trading Futures

[jprashant2013]

Manish / a1b1 sir,

can i short banknifty futures here positionaly with s/l 13200 and abv ?

 

[a1b1trader]

BNF

If crosses and remains above 12870/75Then can see 12975/13000 levels.
But trade in pieces, there will be ups and down and not straight vertical up move

However in the meantime if crosses and sustains above 12810/20, can reach 12850

Below 12700 will not be good for the rally

Trade with strict SL/TSL
Take care

 

[kiran_thiru]

nifty spot is trying to take support @ 6652 (54 dma).
stay above or below for 3 of 5 min candles will touch today's high / yesterday's low.

 

[XUV-500]

nifty spot is trying to take support @ 5552 (54 dma).
stay above or below for 3 of 5 min candles will touch today's high / yesterday's low.

5552 ???? aapne toh firse 'unko' kursi de di...r u from telangana

 

[kiran_thiru]

5552 ???? aapne toh firse 'unko' kursi de di...r u from telangana

corrected levels. by the way. i am from vijayawada. telangana kursi nahi chahtha.

 

[Gaur_Krishna]

Yes ... need to learn lessons from history .....hope for a profitable new year to all ....:thumb:

Regards,
Gaur_Krishna

Today is a first day of first F &O settlement period of new financial year 2014-15 . Whatever mistakes done in 2013-14 are in history....look forward to very happy,profitable and satisfying trading to all in the new financial year...let this year be a good trading year for all.Trade well, earn well, pay your Income Tax fully and be happy....

Smart_trade

 

[jprashant2013]

thanks a1b1 sir,

sold BNF 1 lot @ 12780 not keeping s/l as of now will avg with more 3 lots @ 13200 if comes with s/l 13400.

this trade is just due to GUTFEELING of mine.

 

[Trader_PK]

Mushkile Jaroor hai, Lekin ruka nahi hu main
Manzil se kah do, abhi Pahuncha nahi hu main
Kadmo ko baandh nahi payegee, Musibat ki janzeere
rasto se zara kah do, abhi bhatka nahi hu main
sabr ka baandh tutega to fanah kar ke rak dunga
dusman se zara kah ho abhi garza nahi hu main
Mohbaat se zara kah do abhi badala nahi hu main
Kismat se zara kah do abhi tanha nahi hu main

 

[Gaur_Krishna]

Yes dada, what you say is 100% TRUE. May be thats why, once a while someone posts SWIFT results and many wonder, Aarre...Aarre...Ye system to muze 2010 se malum hai lekni mera Holy Grail search ab tak jari hai .....:lol:

Regards,
Gaur_krishna

You could have entered long again in the dip at -1SD ( around 6672 ) and sold above 6691-92 in the end....( April Series )

1)There are very few systems who regularly catch tops and bottoms ( like DeMark Sequential and Combo ) but they are based on very solid research and they dont come dime a dozen and they too fail at times. Most methods claiming to catch tops and bottoms are plain curve fitted systems and they wont perform in another set of data.

2) No idea about how much money they charge...I have NEVER bought a black box or even a disclosed system.

3) Some trades are theoratically possible but not possible to actually execute the trade.....just an example of today's move in April Fut NF....drop from 6693 to 9970 and again rise from 6670 to 6692 makes 44 points in just 30 min....but difficult to catch both moves so many times these points are only for record purpose.

4) The people who sell systems may not be trading them as the mindset needed for system selling and trading are different.

5) Privacy of the method : You can give best method to people openly and most will mess up with it by tweaking, trying to further improve ( and avoiding all loosing trades and not trade ) . Very few will be able to trade with it successfully. We have so many excellent methods in this forum...then why most are struggling to make money. Teaching a method is easy but giving faith to trade on the method is very difficult.

Smart_trade

 

[a1b1trader]

thanks a1b1 sir,

sold BNF 1 lot @ 12780 not keeping s/l as of now will avg with more 3 lots @ 13200 if comes with s/l 13400.

this trade is just due to GUTFEELING of mine.

Okay

Its not my suggestion