Day Trading Futures

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RAAMAKANT

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There is not any clear reference level on chart to hold the trade in anticipation of that level, so it is always wise decision to book profits (or trail Stoposs) when we are not clear about next move, and wait on shore for next clear, good R:R opportunity.

BTW, this GYAN (Knowledge) came after lot off failed anticipated trades..... :D


I was expecting high of the day as target.

anjanbm
 

sudoku1

Well-Known Member
HangSeng, Dow Fut, Dax, FTSE, all in celebration mood !!!
its for d longs...d shorts r feeling like this joke below :

Two drunks were walking home along the railway tracks. The first drunk says, 'There's a hell of a lot of steps here.' The second drunk says, 'I'll tell you what's worse, this hand rail is low down.:D
 

sudoku1

Well-Known Member
one interesting study on forward fibonaci wch i observed :

9th nov 2010 : NF close of bull mkt top : 6333
20th dec 2011: NF bear mkt bottom close : 4554
diference : 6333-4554= 1779
add d diference to d top of previous bull mkt : 6333+1779 = 8112

so v hav retraced d entire previous bear mkt on a forward basis.d area around 8112 now becomes a crucial tug of war sort btwn bulls n bears.bt also dat shorts shud b opened only after valid confirmation dat d trend is reversing

valid for both NF n spot
 

LivetoTrade

Well-Known Member
just in: Russian pres putin & ukraine's poroshenko agree on a ceasefire (et now)
Putin spokesman says Putin and Poroshenko did not agree on ceasefire because Russia is not a party to Ukraine conflict - ria news agency
 

XRAY27

Well-Known Member
Another Nice day for ledger..

Total 3 trades all ended in profit

This Day once again proofs that we don't need to predict market rather we have act with the market
 
A good day for trades

Sold off some portion (around 50%) of the holding bought on previous 2 days (that were in high profit) just few minutes, before the downfall of 2 pm :)
Bought some more after the fall, for tomorrow.

Still holding in full, trades bought on 28.8. :)
 
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