Nifty Futures Trading

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

my first short trade @10:25am was perfect. but i tried to overguess the market & looted by him.

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

shorted again.

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

shorted again.

stop 3880.05 (cash). last trade of the day.

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

stop 3880.05 (cash). last trade of the day.

modified stop for short 3860.05 (cash).

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

modified stop for short 3860.05 (cash).

again stopped out, loss 3 points. great fun.

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

modified stop for short 3860.05 (cash).

yeah thats it

 

[citrus]

Re: Time to Stick my Neck Out ,Nifty 7300

Invered head and shoulder being formed, if it will be wise to take long position on the breakage of neck line.

 

[uasish]

Re: Time to Stick my Neck Out ,Nifty 7300

Around 11.05 to 11.15 in 1 min Chart plz look at the waves in the form (HH HL / LH LL );
you will get your answer why Shorts had LESS probability ,until unless we can get correct Pivotal High.

After 11.30 the chart was showing HL & the immediate Pivotal High around 3858.00 was also surpassed .

So in that changed scenario we have to wait to get a confirmation of break of HL to get in Short mode.

 

[biyasc]

Re: Time to Stick my Neck Out ,Nifty 7300

Around 11.05 to 11.15 in 1 min Chart plz look at the waves in the form (HH HL / LH LL );
you will get your answer why Shorts had LESS probability ,until unless we can get correct Pivotal High.

After 11.30 the chart was showing HL & the immediate Pivotal High around 3858.00 was also surpassed .

So in that changed scenario we have to wait to get a confirmation of break of HL to get in Short mode.

thanks dada, will watch it.

 

[deb99891]

Re: Time to Stick my Neck Out ,Nifty 7300

tanx dada
for ur gr8 explanation