General Trading Chat

ap*

Well-Known Member
Another day of sl eating. First time in a while I trade options and only premiums are being eaten :lol: painful reminder again for me to stick to futures :annoyed: hope we assume some direction and move that way from tomorrow.
 

XRAY27

Well-Known Member
Swing short @ 7870 on 13 may was out today @ BE :(...intra was fine and no position on long side need to be CF as difference is less then 30 :)
 
hello st sir as i was reading one of your posts on swing trades you dont take positions if it is not giving the 30+ points . i have a question from you on 13 may i have short positions form 7860 level as per your advice i didnt carry the positions as it was not giving 30+ points so sir next day at what level i can take short positions at pivot low on the basis of 3 min or 30 min??
 

ap*

Well-Known Member
Based on Gann Square analysis starting from the low of 29-2-16 to today.Nifty should open gap down tomorrow and move towards its support at 7700 :lol:

Seems a rather unlikely occurrence, hence the lol. But stranger things have happened in the past. I will be looking at shorting Nifty tomorrow either below 7850(s) or closer to 7900(s)with a tight sl both based on support and resistances in the recent past.

Testing and breaking 7777 tomorrow will make it the 4th attempt at that level and i think it should finally fall and hold in case it happens.

On the other hand if 7930 is taken out will look at buying into nifty and holding.

My only prayer is for it to not be choppy as its been in the past few days:rofl:
 

princy01

Well-Known Member
Bears caught off guard today. Most analyst today morning suggested shorts. Even Sukhani lets see how it works tomorrow.
off guard?

off guard means no stop loss ,sukhani must have told stop loss . in proper trading there is nothing like off guard .

trading is not about being right , trading is about being disciplined.

sukhani saying short is not a bad call , its a call getting a hit stop loss , thats it
 

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