Nifty Futures Trading Part 2 (Positional)

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parttimetrader

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Trading Psychology: I believe the bulls are beginning to wrestle control from the bears. After the long-legged doji formation day before yesterday, a big white candle has formed today. The bears tried to exert themselves after no follow-up buying emerged yesterday, but today's recovery and close has tilted the balance towards entering long positions.

I haven't yet analyzed whether the last remaining bulls who were weighing us down have been shaken off today. Given the volumes and sentiment, they may have been. If so, the upmove will have to be in a manner which doesn't let them get back in. In either case, I am only taking long positions now until I see the market balance favoring the bears again.

Target: ~4614 (analyzed some time back - can't find chart - fibonacci level based)
 
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Sunil

Sunil

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#1,405
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Czar, a BIG request...

since u r more into positional trading, and also keeping up with the 60 min flow (Saint sir's thread), I request you to kindly put up the current position with stop ONLY FOR NIFTY here... That thread has too many active participants, with some posts having mistakes, then clarifications, then rectified post, & it follows 2/3 stocks too along with Nifty...

It would be really helpful if u put up the status FOR NIFTY ONLY here whenever u r free during trade time... I don't want any discussions on the position here... let that thread remain the discussion place... i just want if you, OR ANYONE WHO'S ALSO A REGULAR FOLLOWER OF THAT THREAD TOO, could post the updated position's status here...

like long at ...
stop at...

no explanation, etc is needed to save time of the one who posts here...

--- a request to anyone who finds this convenient & not disturbing during trading time ---
 
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Czar

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tsunil4u said:
Czar, a BIG request...

since u r more into positional trading, and also keeping up with the 60 min flow (Saint sir's thread), I request you to kindly put up the current position with stop ONLY FOR NIFTY here... That thread has too many active participants, with some posts having mistakes, then clarifications, then rectified post, & it follows 2/3 stocks too along with Nifty...

It would be really helpful if u put up the status FOR NIFTY ONLY here whenever u r free during trade time... I don't want any discussions on the position here... let that thread remain the discussion place... i just want if you, OR ANYONE WHO'S ALSO A REGULAR FOLLOWER OF THAT THREAD TOO, could post the updated position's status here...

like long at ...
stop at...

no explanation, etc is needed to save time of the one who posts here...

--- a request to anyone who finds this convenient & not disturbing during trading time ---
Click to expand...
I hope someone can, but unfortunately sorry, Its impossible for me, apologies for disappointing...
 
orderflow13

orderflow13

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#1,409
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rajaram.dilipkumar said:
careful alex with your writing , when volatility is so high and market is trending we buy options ... when market is trading we write options , like when it was between 4200 - 4650 for 5-6 weeks...but personally buying is better i believe.
Click to expand...
my method is totally apposite,i count for volatility drop and cash in premium, so write on higher volatility with high beta premium and buy on lower volatility with low beta premium, everybody s trading method is diff so no offence rd:), n thanks for timely advice, it seems i have 200 points cushion to play with
 
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