My Nifty/Mini-Nifty Positional trade logs

[dinesh92]

Parents just outside OB zone but flat and child is already near OS zone. No clear indication of trend/direction.

2111/811 gap is still not closed. No position yet...Patience is the key. This system is not designed to play in rangebound indicated by this 2111/811 gap. I believe avoiding the trades in rangebound market itself will save a lot of money. Pls Wait.

Could you please explain it little bit if possible.

 

[summasumma]

Could you please explain it little bit if possible.

Hope this helps.

2111/811 Gap:
http://www.traderji.com/trading-dia...ifty-positional-trade-logs-21.html#post732012

 

[timepass]

Hope this helps.

2111/811 Gap:
http://www.traderji.com/trading-dia...ifty-positional-trade-logs-21.html#post732012

Summa, include this link in your signature.

 

[summasumma]

Now that 2111/811 gap got closed we need to wait and see if both of them able to stay in OB zone. Generally they turn back in other direction(down). Lets see...

 

[summasumma]

And 2111/811 does turn back now and out of OB zone....

3291 came up and 2191 came down... still there is confusion indicating no trend.. lets wait to make a first profitable trade in 2013.

Wish You All a Great, Prosperous, Blissful, Healthy, Bright, Delightful,
Mind Blowing, Energetic, Terrific & Extremely profitable NEW YEAR....!

 

[Taiki]

Happy New Year Summasumma
Wishing you a very happy, successful and prosperous new year

 

[Bewinner]

Happy New Year Summasumma

Wishing you a very profitable, knowledgeable and prosperous new year....May GOD bless you all he success

 

[summasumma]

Hi Friends,

Was out of station for few days and couldn't follow market....
And Nifty also didn't do anything fancy.

But it looks good to enter Short for risky traders today...
I was rushing and placing the order in the last seconds got a reject saying "market closed" and time was 15:30:07...damn!

Parents are in OB zone and child came out of OB zone.
2111/811 are out of OB zone for 2 consecutive days but not moving by complementing each other.

if possible, Will try tomorrow to enter short in this 6000 area if market is flat tomorrow...

 

[summasumma]

Hi Friends,

Was out of station for few days and couldn't follow market....
And Nifty also didn't do anything fancy.

But it looks good to enter Short for risky traders today...
I was rushing and placing the order in the last seconds got a reject saying "market closed" and time was 15:30:07...damn!

Parents are in OB zone and child came out of OB zone.
2111/811 are out of OB zone for 2 consecutive days but not moving by complementing each other.

if possible, Will try tomorrow to enter short in this 6000 area if market is flat tomorrow...

entered short @ 5996 now

 

[summasumma]

entered short @ 5996 now

Child outside OB zone and parents are still in OB zone trying to bend down...
811 is already in OS zone and 2111 is moving towards OS zone.

Ideally we were entering position only in last 5-10 mins in this method. This time i entered 1.5 hour before market-close @5996.. you can see why i did that from my previous post (as i wanted to enter short around 6000 area a day b4 itself). So when i found opportunity i just entered short. If anyone is following this method they can assume position opened in last 5mins value around@5980.

Open Position:
--------------
Entered Short @ 5996...cmp: 5977

P/L status:
-----------
-20+80+142-8 = +194