New Day - New Trading To Get Rich Strategy

[augubhai]

Nifty has broken the pivot and thrown me out of position.

Now only DLF shorts left ...

We can look at booking shorts in DLF too ...

Why out of position? I thought this was a SAR system.

 

[tradetogetrich]

Augubhai .... its a SAR system ... but because of Monday we have closed position. We could have carried the same if it was with the original medium term trend that is Long ... so dint want to add risk ... exited all ...

 

[manu_nbd]

TTGR,

bro can you post similar chart for SBI too for last few days, want to know if SBI also behaves in the similar way....

regards

 

[tradetogetrich]

SBIN charts

Dear Manu

Please find the SBIn charts for your reference. I particularly dont like SBIN because of its high beta. Doesnt suit my apetite. For shorters 1930 would be the SL.

This strategy would have roughly given 160points in SBIN since 3rd July....

 

[manu_nbd]

but DLF has even a higher beta.....but as you said it suits your trading style more....btw on the SBIN chart what'd have been SL for the third trade(3s) ?

regards

 

[tradetogetrich]

but DLF has even a higher beta.....but as you said it suits your trading style more....btw on the SBIN chart what'd have been SL for the third trade(3s) ?

regards

2206 would have been the SAR... but as SBIn opened above that ... then 60mins high would become the SAR ...

 

[tradetogetrich]

Nifty and DLF both looking ripe for a buy ... lets wait for the breakout above 5425 for NF...

 

[tradetogetrich]

NIfty chart updated ... now I am long ... Can someone tell me the SAR ... (testing)

 

[augubhai]

Below 5352, Friday's low?

 

[tradetogetrich]

Below 5352, Friday's low?

Cool ... :clap: