My Nifty/Mini-Nifty Positional trade logs

[summasumma]

Exit the short @ EOD around 5214 as (15,3,1) came > 20. Loss around 85 points or 4350/- rs
Also (21,1,1) and (8,1,1) came above rsi line.

Will wait for next opportunity. All 3 (32,9,1), (21,9,1), (15,3,1) pointing up or down.

 

[summasumma]

(32,9,1) is still moving down and so no position.
Just a thought from the stochs chart, market might see some down movement in next 2-3 days. But we will stick to our same rule which is to wait for all stochs move up or down together + some confirmation from (21,1,1)/(8,1,1)...

 

[vinst]

As of EOD 3-Aug:
sto 15,3,1 > 80
sto 21,9,1 rising
sto 32,9,1 rising.

so NF should have been bought, I suppose (learning stage of this method)

 

[summasumma]

As of EOD 3-Aug:
sto 15,3,1 > 80
sto 21,9,1 rising
sto 32,9,1 rising.

so NF should have been bought, I suppose (learning stage of this method)

@vinst, yes, if we consider (15,3,1),(21,9,1) and (32,9,1) alone the NF should have been bought already on 2nd Aug EOD as all 3 Stochs are up.
But i haven't gone long yet eventhough the case is same on 3rd aug(friday) also.

This is because the other fast movement chart (21,1,1)/(8,1,1) is also considered to enter the trade now. If you see this chart, (21,1,1) and (8,1,1) going down for past 2 days unlike the other chart.
So we will see on monday if fast-chart also confirms Long by moving up. Or else (15,3,1) itself might move down if market close red on monday in which case we have to wait.(this is to avoid zigzag nature of market).

This stochs based method is generally Lazy and i think we can't afford loss which happened in last 2-3 trades. It can be lazy but should be effective enough to claim some good profits.

These are just my views based on this chart and this is not complete system. So please share ur thoughts on these views or suggest improvements if u find some.

 

[summasumma]

Entered long@eod as all stochs went up and 2111,811 are also up.
1 mini-nifty lot bought@5296.

Entered only in mini-nifty as in a good uptrend the 2191 should be above 3291 whereas currently 2191 is below it. so not considering this up move as strong trend. Anyways market will teach me sooner on whats going to happen actually. lets see...

 

[summasumma]

all indicators are suggesting UP move as you can see in the above picture.
3291/2191 are nearer..2111/811 nearer.. 1531 above 80.
Holding long.

 

[summasumma]

3291/2191 still near and moved up.
1531 above 80
2111/811 are near but they came down today. Still > 80, so no problem.
Holding long.

 

[vinst]

3291/2191 still near and moved up.
1531 above 80
2111/811 are near but they came down today. Still > 80, so no problem.
Holding long.

Hi,

now more importance seems to be given to 21,1,1 and 8,1,1.
do u find 15,3 and 21,9 etc to be too slow?

 

[summasumma]

Hi,

now more importance seems to be given to 21,1,1 and 8,1,1.
do u find 15,3 and 21,9 etc to be too slow?

Hi vinst,
Due to the loss in last few trades, the entry for the current trade was considered with 2111/811 movement also.
As we all aware if more than 1 indicators give same signal, we feel more confident about that signal. So 2111,811 used just like that in this trade.
But even in normal situations, 2111/811 movement acts as good support signal to 3291,2191,1531 according to me.
...

 

[summasumma]

Past 2 days nifty marginally came down.
3291,2191 went UP and 1531 came marginally down but still above 80.
Holding long.
Wait till 1531 < 80 to enter short or 3291,2191 to enter above 80 zone