My Nifty/Mini-Nifty Positional trade logs

Can Stochastics indicator alone be used for positional trading?


  • Total voters
    50

summasumma

Well-Known Member
#51

summasumma

Well-Known Member
#52
....
(21,9,1) and (15,3,1) comfortably > 80.
(32,9,1) around 77 and waiting for > 80... Hopefully happens tomorrow :)

Current position:
NF Long @ 5160... CMP 5151
...
Based on CMP, (32,9,1) went > 80...
Need to hold till eod...
 

summasumma

Well-Known Member
#54
what's situation now 3:25 pm?
(32,9,1) doesn't hold > 80... but it moved UP marginally compared to yesterday...
@ close its 78...

(21,9,1) and (15,3,1) went DOWN but still above 80.

so holding long bought @ 5160....
 

summasumma

Well-Known Member
#55
(32,9,1) UP @ 79.8...
(21,9,1) and (15,3,1) went DOWN but still above 80.
(15,3,1) @ 80.68

Exited the long @ 5120...
Loss = 40 pts or 2000/- rs.

Currently holding no position.
This is because im combining the earlier model based on (21,1,1), (8,1,1) stochs and rsi(14)...
Today's close indicates that (21,1,1) and (8,1,1) are in either side of rsi(14) and not in same side. I have shown this logic in 4 posts before this post also.

 

summasumma

Well-Known Member
#56
(21,9,1) went > 80 atlast...
But (15,3,1) dont hold > 80 and now@ 75 .

No position yet... though i can enter short now as per system. Not doing so, considering the gap between (21,1,1) and (8,1,1) ... uncertainty.
 

summasumma

Well-Known Member
#57


(21,9,1) & (15,3,1) went DOWN..
(32,9,1) went UP...

The best thing happened to today is, both (32,9,1) & (21,9,1) become equal at the end of trading today as shown in the above figure. This helps in deciding strong trend. To understand what im talking about, check the below link and see how market moves most of the time when these 2 stochs are equal(or very close).
http://img267.imageshack.us/img267/9292/315andfullstochastics.png


No position yet, as the child < 80 and parents are moving in opposite direction.

Last 8 days, Nifty closed between 5100 to 5200.
Hopefully tomorrow we will get some direction as parents are together.
 

summasumma

Well-Known Member
#58
ofcourse, all stochs went UP and above 80.
Ideal Long entry is now around 5295...
Bought mini-nifty only as there could be retracement in next week to lower 5250 range to compliment this up move... even if doesn't happen, will enter another mini-nifty long next week...
 

summasumma

Well-Known Member
#59
(32,9,1) and (21,9,1) are up @ 88.81
(15,3,1) UP @ 88.44

3 EMA @ 5256
Day high/low @ 5324/5278

So candle is above did not touch 3 EMA today. There is chance that market could slide further to catch 3EMA (315 rule). So bought 5100 put @ 33.3 today with this hope. (but there are few occasions where market jump further up to pull 3EMA to touch the candle. Lets see...)

Also holding mini-nifty long @ 5295.
 

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