My Daily Options Trading Diary

[gbiradar]

Well well well looks like I missed lot of action today... got stuck with the bank issue... Yeah even I feel we will cross 4820 in coming days...

 

[findvikas]

I think 5000 is coming back very soon. US should jump up like a rubber ball today.
Jobless claims fall to 10months low
http://www.reuters.com/article/businessNews/idUSN0243717320091105

 

[findvikas]

all shorts unwind then they will see ohh Majaak Majaak mein bahut door nikal aaye and U turn will come from there

ROFL!!! :rofl::yahoo::yahoo::rofl:

 

[findvikas]

Productivity at 6-year high, jobless claims fall
http://www.reuters.com/article/businessNews/idUSN0243717320091105

Operators "wanted" to create this fall to buy "cheap". I am sure they can sense these positive drivers coming

 

[chaitanyagoa]

My setup is simplest...
I personally use 13,21 SMA which works great on any interval.

My way to enter/exit is not at crossovers but when you have 2 continuous bars made their lows lower than 13MA and enter at the 3rd bar lower than 13MA

Similarly I ride the trend until you have 2 continuous bars made their highs higher than the 21MA and exit at the 3rd high bar

Try it out for once and you will be surprised to see the accuracy over normal periods.

Along with that I keep an eye on NSE TAME chart to see the volume and candlestick pattern
http://www.nseindia.com/ChartApp/install/charts/mainpageall.jsp

my eyes just missed the bullish hammer otherwise I would have not taken this 10 points loss

Is this for BUllish or bearish markets????

 

[findvikas]

this is for any market which is moving moving average does not really care about bullish or bearish trend and they just give you signals to BUY or SELL

If you sell first and buy later than it is bearish, otherwise bullish

 

[VJAY]

this is for any market which is moving moving average does not really care about bullish or bearish trend and they just give you signals to BUY or SELL

If you sell first and buy later than it is bearish, otherwise bullish

Dear vikas,
Which timeframe you trading it......means bars

 

[VJAY]

My setup is simplest...
I personally use 13,21 SMA which works great on any interval.

My way to enter/exit is not at crossovers but when you have 2 continuous bars made their lows lower than 13MA and enter at the 3rd bar lower than 13MA

Similarly I ride the trend until you have 2 continuous bars made their highs higher than the 21MA and exit at the 3rd high bar

Try it out for once and you will be surprised to see the accuracy over normal periods.

Along with that I keep an eye on NSE TAME chart to see the volume and candlestick pattern
http://www.nseindia.com/ChartApp/install/charts/mainpageall.jsp

my eyes just missed the bullish hammer otherwise I would have not taken this 10 points loss

Dear vikas,
Please post one of your tarde with an chart...it will help

 

[chaitanyagoa]

this is for any market which is moving moving average does not really care about bullish or bearish trend and they just give you signals to BUY or SELL

If you sell first and buy later than it is bearish, otherwise bullish

This is what i understand......

If the market is bearish...........

buy it below the 13 MA and sell it above the 21 MA ....

For a Bullish market.........

Buy it above 21 SMA and sell below 13 SMA

Am i right????.............

 

[findvikas]

Yes, I will post the chart some time later with example