Folks....those of you very confused watching everyday choppiness of our markets.....and especially for those who trade NFs with a slightly longer view...
For every 80-95k in the ledger...it is suggested to go long in 1 Lot of NF
Thereafter.....at every 300 points on the upside add 1 lot of NF.
Initial S/L for the first Lot is 160 points..... and for subsequent additions....thereafter the S/L would be 108 points.....where one would exit both the lots.....
Let's say after the 2nd lot NF goes up by 100 points....your Trailing S/L would be 7 Day Moving Average (DMA)
If one starts tomorrow or anytime during July...then it is suggested to make an entry in the August series.....
Happy & Safer Trading
SG