Nifty trend

[Capricorn]

Nifty +ve above 5440.

S @ 5440, 5460, congestion @ 5490-5515, 5545-50.

If 5440 breaks we'll consider shorts.

Still looking for that trade above 5515.

We may get that one today.

 

[simple_trader]

SGX NF high is 5750. LOL

 

[saivenkat]

Sgx @ 5529 , high showing is 5750..... must be a freak trade.

May be some one like me would have entered the buy order as 5750, instead of 5450.:rofl:

 

[rajsingh]

May be some one like me would have entered the buy order as 5750, instead of 5450.:rofl:

Nice to have a laugh in the morning..:rofl:

 

[saivenkat]

Today i am clear, not to take experimental trades, just wait.. wait and wait.. until all the conditions for either long or short ( which i am trying to develop using woodies CCI, a modified and simple one) are satisfied.:thumb:

Regards
Saivenkat

 

[rajsingh]

Don't forget to post here. All the best.

 

[Capricorn]

Today i am clear, not to take experimental trades, just wait.. wait and wait.. until all the conditions for either long or short ( which i am trying to develop using woodies CCI, a modified and simple one) are satisfied.:thumb:

Regards
Saivenkat

No harm in experimenting a bit as long as u keep the vols low.

 

[simple_trader]

Today i am clear, not to take experimental trades, just wait.. wait and wait.. until all the conditions for either long or short ( which i am trying to develop using woodies CCI, a modified and simple one) are satisfied.:thumb:

Regards
Saivenkat

Market always tests patience and conviction of traders before rewarding! tries to confuse with twists and turns.

 

[saivenkat]

Don't forget to post here. All the best.

Definitely, i will do it. Earlier i tried to figure out a system that suit my style of trading, and then i gave up because.. slowly i have included too many indicators in it..and it if one indicator gave buy signal.. other will either lag or would not have given any signal.

Hence i decided to keep it Simple, and so i am trying Woodies with little bit of modification.. I have started doing just now.. will analyse the trades and then post the results here..

Okay.. Today so Far, nifty has not moved FAR.:lol:

Regards
Saivenkat

 

[Capricorn]

S @ 5460,5440, then the nifty turns negative....