Diary of a day trader - Part 2

[Smart_trade]

1st bar means 1st hr bar ? and where shall one keep SL ? @ high of 1st bar (sorry for a novice type question but I am still learning)

Thanks.

That was as per my trading system, short the first 5 min bar's low initial stoploss high of first 5 min bar . Others may have different levels...but short was the today morning's trade.

Smart_trade

 

[HEM]

Thread silent ....no one short ? Trade was to short the first bar low...hope few have taken it....

Smart_trade

Dear ST brother...........yes already have taken short below first bar low in NF, BNF and 3 more scrips ........

 

[timepass]

Too much red all over Asia... looks like a Black Thursday..

 

[Arsh]

Too much red all over Asia... looks like a Black Thursday..

Rupee also going down the way of 56/Dollar TP bhai...

"The rupee is at a new six-month low on global dollar strength after Bernanke testimony, says a dealer. The rupee is at 55.77/78 after falling to 55.86, last closed at 55.46/47.

The USD/INR pair has a resistance at 55.89, a break of which may open the way for 56."
Source:
http://in.reuters.com/article/2013/05/23/markets-india-rupee-dollar-forex-idINDEE94M01V20130523

 

[PartTime_Trader]

That was as per my trading system, short the first 5 min bar's low initial stoploss high of first 5 min bar . Others may have different levels...but short was the today morning's trade.

Smart_trade

All systems (maybe except for the mental ones) should be short, as it opened below low of last 3 days decline.



Cheers
::thumb::

 

[rajgreenpeace]

Dear ST brother...........yes already have taken short below first bar low in NF, BNF and 3 more scrips ........

Hem do u remember you and me were talking in DDT old thread.....NF and BNF... NH karega and then sharp fall........its happened..:thumb::thumb::thumb:

 

[HEM]

Hem do u remember you and me were talking in DDT old thread.....NF and BNF... NH karega and then sharp fall........its happened..:thumb::thumb::thumb:

Yes remember my dear raj.........:thumb:

 

[timepass]

Hem do u remember you and me were talking in DDT old thread.....NF and BNF... NH karega and then sharp fall........its happened..:thumb::thumb::thumb:

What's your view on BNF now ??

 

[PartTime_Trader]

What's your view on BNF now ??

Should take support . . .

Consider 12500 as approx POC for the sideway range it made from 22/4 to 14/5


Cheers
::thumb::

 

[friendforevers0007]

today is fantastic day .......