Nifty Futures Trading Part 2 (Positional)

[devangan123]

yup czar..Currently I am long ...infact long from 3892 ..Still holding it!!!my SL is deep ...Still not yet triggerered though...

hi Friend
Come to know that you were trading with stop loss of around 300 points , Can you share your target please

 

[lalpar]

hi Friend
Come to know that you were trading with stop loss of around 300 points , Can you share your target please

Dev,

I shorted initially at 4193 covered at 3896 and now holding LONG 3896 wil SL 3436!!!...The market is dfowntrend and hence as per indicaitors looks like this long markets shld come arnd 3800 and thats where I amy square!!!.

As of now just in wait and watch mode..Trading a System so Discipline is important!!!Irrespective of Profit!!!

 

[orderflow13]

Well I am not an investor so I dont like to find the bottom, but I am positional trader & thus all I want is to trade every rally & fall, this market is the best to learn & perfect this skill...

once you pass this phase you will not fail...

well said czar ..

 

[pkamalesh]

ahh kammy good stuff, m a follower of elder Alexander , try to get through his triple screen system, nothin fancy work, simple indicators simple logic and money management ...who is the inventor of macd ? gerard apple !!! frequent visitor of elders trading camp and his good buddy, go through the Alexander stuff u will get the idea what indicators can do !

ok alex..was just trying to figure out things from metastock..just testing some signals in some of the indicators...

 

[Czar]

but mind you Alex last 3 months are like the final exams.... now comes the toughest part... violent spikes both side & whiplashes, we could see 5 % down one day & reverse the next, its going to be positional hell if we are not swift...

PS: see we were 5+% down y'day today already 3% up

 

[rajaram.dilipkumar]

today bought one lot 3800 call @ 99 with s/l at 3550 due to 50% retrace placed around 3550-3650 , key pivot level around 3560 and monthly TL support .

and out at 124

 

[orderflow13]

czar, 2nd ur opinion buddy this is not a final test, picture abhi baki hai, 10 % spikes my vix not piked yet us had there highest (57 ) we have to digest a lot in coming days

 

[orderflow13]

anybodyz long here position wise ???

 

[mitasatyajit]

 

[lalpar]

anybodyz long here position wise ???

Long from 3896