Nifty Futures Trading

[renu daga]

exited at 36

though respecting teh tren dline,, starting frm low

renu

 

[uasish]

Stop = 4024.95

 

[Sunil]

slow stoch + RSI + round figure levels of FUT

lethal combination to enter a position...

read about how & when to use the Stoch & when to ignore them, at your free time:
http://www.tradingacademy.com/lessons/lessons20080208.shtm

and confirm with nifty chart...
u'll be surprised by the result

 

[uasish]

Again stopped Out. (-) 5 points.

 

[Sunil]

slow stoch + RSI + round figure levels of FUT

lethal combination to enter a position...

read about how & when to use the Stoch & when to ignore them, at your free time:
http://www.tradingacademy.com/lessons/lessons20080208.shtm

and confirm with nifty chart...
u'll be surprised by the result

once in a while, there happens an exception to above rule...
like in last week, some members kept saying RSI is high, over-bought, etc... but it just kept going up, and asish da has perfectly explained the reason (sharp trend reversals, break out of multi-days' range, etc)...

but, as i said, it happens once in a while,, and indicates change in very short term trend

 

[uasish]

Shorted @ 4018.00 with 4030.05 Stop.

 

[Sunil]

cvrd most at 4009

 

[Sunil]

trail for bal = 35

 

[uasish]

Covered 50 % @ 3999.00

 

[uasish]

Stop brought down to 4026.55