Day Trading Stocks & Futures

[Ind]

This kind of quality discussion is expected from this forum rather than useless bull/ bear fight or useless political discussions....I feel this is the core purpose of this forum...This is how we learn from the seniors experience.... Expect many more such a kind of exchanges....

 

[niftytaurus]

long in nifty future from false breakout at LOD tgt 9284.20

Hi Primitive trader Sir
3-4 days back, You were talking about setups which can be used in Opening morning trade..Can you share your learning about those morning trade
thanks

 

[Smart_trade]

sirji, see Titan, didnt oblige
shorted somewhere in the middle of the 9:45 bar

Titan was a short on the charts today....

 

[against_tides]

Do you think it would be helpful if we published stats about trading activity at FYERS? If yes, do give suggestions as to what could be interesting. We can give some useful data but cannot disclose individual traders' information at any cost. All other suggestions are welcome.

Just wondering if it is legal to share..even without individual details..

 

[sridhga]

Titan was a short on the charts today....

Titan was a short on the charts today....

Titan is clearly a shorting candidate. But it is facing support that it faced around March 21st. If it breaks this zone, then it may even be jumping off the window.

 

[Smart_trade]

Just wondering if it is legal to share..even without individual details..

Without disclosing the names or any hint which will reveal the identity of the traders it is not a breach of privacy, so just posting statistics should have no issue in my view....Tejas will know better....

ST

 

[travi]

Titan is clearly a shorting candidate. But it is facing support that it faced around March 21st. If it breaks this zone, then it may be a candidate jumping off the window.

exactly bhai. TR bhai posted a couple of posts before, and this was the 1st signal i had, discretionary wala ( else i will get PM for mech sys ) and 9:30-35 on 5m was minor pivot formation.
I was like today i'm going to ride it
then rest is on charts only

 

[jd1234]

Even if we simply put 200 ema on 5 min chart motu is clearly on down trend

 

[apegaonkar9]

This post may have helped me. As my long SL hit at 9200. I reversed to short at 9188 and put SL of 9200. when I came back after 30 mins I have no hope of open trade. But surprisingly Sl was saved by 3 pts. And I sq off at 9130 and 9156. atleast NF is in breakeven today.
option loss was 15k + RIL 9k.

Ravi Bhai , Kiska report card hai. Ajkal duplicate bhut chal raha hai.

 

[niftytaurus]

I normally dont comment on anyone's trade but as you asked for your understanding my comments are as under :

On the 3 min chart posted, RIL long trade was clearly a wrong trade. RIL was in a visual downtrend for last 4 days and what we had in the morning was a minor uptrend in a visual downtrend and that too after opening gap down in yesterday's range...so the right trade was to look for an opportunity to go short....

Even assuming that someone was trading a short term(minor) uptrend, then he should have booked profits quickly (because you are trading against a visual downtrend) or atleast got out the moment that minor uptrend was over on break of the minor pivot low....and scratched the trade( this opportunity was available ) but waiting in the hope when you are against the visual trend and minor trend both is bad trade management...

Posted not to point out anyones mistakes as we all make mistakes but for the correct understanding of the trade ......

Smart_trade

Good Evening ST Da
I have some queries related to Trend on 3 min chart
a) we take intraday trade when minor trend align with Visual trend of 3 min? What shall we Do when Visual trend of 3 min is sideways? which minor trend shall we trade?
b) Shall we look for visual & minor trend of 15 min also, If we trade intraday in 3 min?
Thanks