Day Trading Stocks & Futures

[kiran_thiru]

re: Day trading Nifty & Banknifty Futures

Average day for me in NF.......


My today's trades in NF :-

(1) took short in NF below 9:20 bar low........ sl was above 9:20 bar high and then tsl was above 9:40 ph high, 10:20 ph high and 10:45 ph high ........... exited all above 10:45 ph high.


(2) again took short below 11:05 bar low with sl of that bar(11:05ph) high............ covered 1/2 at the closing of 12:00 bar (EOM bar)............ added add1below 12:00 pl low, tsl is above 12:15 ph high......... covered all above 12:45 ph high.

(3) again took my 3rd short trade below 2:15 pl(5/15 min)low and covered all at 3:20 bar closing.


HEM

hem sir, if you post chart with trades it will be easy for understand. thank you.

 

[trader15]

re: Day trading Nifty & Banknifty Futures

Average day for me in NF.......


My today's trades in NF :-

(1) took short in NF below 9:20 bar low........ sl was above 9:20 bar high and then tsl was above 9:40 ph high, 10:20 ph high and 10:45 ph high ........... exited all above 10:45 ph high.


(2) again took short below 11:05 bar low with sl of that bar(11:05ph) high............ covered 1/2 at the closing of 12:00 bar (EOM bar)............ added add1below 12:00 pl low, tsl is above 12:15 ph high......... covered all above 12:45 ph high.

(3) again took my 3rd short trade below 2:15 pl(5/15 min)low and covered all at 3:20 bar closing.


HEM

What Time Frame.

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

What Time Frame.

It is 5 minutes timeframe.

Smart_trade

 

[trader15]

re: Day trading Nifty & Banknifty Futures

Even if the market has to go down, it will not go down easily. Bulls will not loosen their grip so easily, so market will come down, again go up to scare all the bears, will try to go near its top, so dont expect straight downmove.

Smart_trade

Basic question : How does this pull back fits in the Demark Sequential Sell generated. A little confused here. In other thread, as per Sequential Sell signal, markets should correct, and here we are talking about nominal pullback, touching high, and then correcting.

Is this pullback, touching high again and correcting are part of Sequential sell setup

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

Basic question : How does this pull back fits in the Demark Sequential Sell generated. A little confused here. In other thread, as per Sequential Sell signal, markets should correct, and here we are talking about nominal pullback, touching high, and then correcting.

Is this pullback, touching high again and correcting are part of Sequential sell setup

DeMark sequential is a long term reversal method. 100-200 points up/down has no meaning as after a buy/sell signal we look for 2-3 weeks of trend in reverse direction.It is very difficult to take a trade on DeMark sequential and sit for all up/down moves. As long as stops are not hit, the trade is going on. So market may go up, go near the high, even exceed the highs...but if stops are not hit, we stay in the trade.Sequential trade should normally give us 350-500 Nifty points if it works.

Sequential is not a never fail method...it can and it does fail. When sequential stoploss is hit, market accelerates in that direction .So still sell trade is very much valid....it will be valid even if NF goes to 6375 or 6400 also. Sequential stoploss is normally 100-150 points away...it is not a scalping, daytrading or even swing trade method, so it is for long term traders....

I track sequential to know the overall market activity expected...but if in sequential sell phase , if market starts upmove, we will go long and encash that upmove. Also in downmove we will be short and enjoy that too. Markets never go up/down in straight line. I am very sure that we will have strong upmoves also on the way down. One upmove to test the top is expected soon .


Smart_trade

 

[HEM]

re: Day trading Nifty & Banknifty Futures

hem sir, if you post chart with trades it will be easy for understand. thank you.

Dear Kiran,

Please look and match with your chart and then you will be easily understand............
ab itani mehanat( labour) to aapko karni padegi......

HEM

 

[VIKAS 21]

re: Day trading Nifty & Banknifty Futures

Dear Kiran,

Please look and match with your chart and then you will be easily understand............
ab itani mehanat( labour) to aapko karni padegi......

HEM

Marked HEM Sir's Trades...

 

[kthakker0]

re: Day trading Nifty & Banknifty Futures

06/11/2013 Wednesday

There may be very few members who will not know about this Thread. The rate at which this thread is adding and sharing views, it should be the most visible and shared thread in Traderji.

Contribution of 19000+ views and this thread will create history with 1 Million views.

When this happens, Traderji kee taraf say party bantee hai TraderRavi ko while inviting all those who have contributed in this thread.

Hate it Argue in it:arguer Love :thumb::clapping:it but you cannot ignore this Thread.

Bye

 

[anup]

re: Day trading Nifty & Banknifty Futures

TR bhai ka thread tho mijhe addiction ho gaya hai.......Those who are active in this tgread will surely know abt it...This thread is like typical bollywood film, it has action,sentiment,comedy,etc etc...Thanks TR for starting it...Thanks to all who have been active on this page....

 

[trader15]

re: Day trading Nifty & Banknifty Futures

Marked HEM Sir's Trades...

Any AFLs to mark these TDST's