Nifty Futures Trading Part 2 (Positional)

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Sunil

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nah renu... i had once told this to czar.... i m a sort of a person who will never try to catch a missed bus... if i missed to KISS at top, i will let it go (KISS = kindly initiate short smartly)...
i don't like to hazard an entry then...

maybe, because it has not even been a year since i turned into a trader, i m adept in picking bottoms (investing style)...
i had kept my margin a/c fully funded today for buying nifty loads at 3600...
but, my conditions of going long at open were fulfilled.... FUT 3761+ open, with more TBQs + SPOT low at 3700 + asia recovering + dead cat bounce (delayed by a day)...

DAILY FUT chart will show an interesting double bottom now
+ alex's Kangaroo bar today in SPOT
 

Sunil

Well-Known Member
dont worry da, as mentioned in part 1, i have booked out most of my longs at 3980..
luckily it coincided with yours & czar's 3965 SPOT...

BTW, i m still trying to learn from LINE BABA how to pick tops....
i think, i'll have to follow a method like 60 min flow, along with Line baba, for initiating positional shorts... for longs, no problem yet
 

renu daga

Well-Known Member
that to now everyone knows w ecan see3000,, common,, this is out of topic u are commenting!!!

i menat reactin for just next day,,,

obviuosly in thi stype of mkt everyone is trying sell on every highs,,, and agian buys on god correction for pull back ,,a nd tehn sell
NOTHING ,, COMPLICATED.. OR SPECIAL
 
L

learn2trade08

Guest
i have been watching you all day long......hare ram,hare ram hare krishna hare ram.....:D
another 80 point day
 
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Sunil

Well-Known Member
Da, a request, which I think even others would want....

after you post your charts at EOD, please mention at what level you r looking to go short (and at what level you'll go long)... or atleast, the stops you will be maintainig after initiating that position.
 
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