Swing Trading Nifty Futures

[sekharjchandra]

BNF30 Trades - 5th Dec'13

*Holding Shorts yesterday proved to be costly mistake

Closed Trade: Shorts@11230.. Exit@11745. P/L: -520

 

[sekharjchandra]

BNF30 Trades - 6th Dec'13

 

[Happy_Singh]

*Holding Shorts yesterday proved to be costly mistake

Hello sekharjchandra

I trade BNF Swing on 15 minutes,
I have been in this situation many times, including this one

Happens . . .

Anyway what is the alternative, a 500 points gap in favor and we would be cursing ourselves for not carrying it.

As per my experience, over a period of time, it comes out to the same (gaps in favor and against)
but any attempt at hedging (with options) will results in additional cost without any big advantage over the life cycle of the system.

Although I do not trade a SAR system . . .
I usually carry the core position and scale in around open // scale out near close,
but no real improvement in overall gains, just makes it less painful on times like this . . .


Happy

 

[VJAY]

About that trade...slightly diferent approach from me...I not took that ERL when flag in action...due to small diference ...but my SAR hit @ 11202-f...but eod it closed above it so...EOD-R ...

 

[sekharjchandra]

About that trade...slightly diferent approach from me...I not took that ERL when flag in action...due to small diference ...but my SAR hit @ 11202-f...but eod it closed above it so...EOD-R ...

Yes Vijay, EOD-R was there.. I missed to notice..

 

[HEM]

BNF30 Trades - 5th Dec'13

*Holding Shorts yesterday proved to be costly mistake

Closed Trade: Shorts@11230.. Exit@11745. P/L: -520

sekharjchandra ,

i had taken long above 11276 ( above 30 min 10:30 ph high/ 60 min 11:00 ph high +f) on 4/12/2013 and at that time my SAR was below 30 min 10:00 pl low/60 min 10:00 bar low - F and that SAR not triggered due to filter......... added add 1 above 30 min 9:30 WRB high on 5/12/2013 and added add 2 above 30 min 10:00 ph high on 6/12/2013 and booked 1/2(initial position) at 11850 and made 549 points /per lot and still rest 1/2 holding...........


HEM

 

[sekharjchandra]

BNF30 Trades - 9th Dec'13

* 2 Gap up days followed by bearish bar indicates market exhausted... So took Shorts..

Closed Trade: Longs@11745,[email protected]@12143. P/L: +587

 

[sekharjchandra]

BNF30 Trades - 10th Dec'13

* No Pivots formed in 30min tf, used 15min pivot high for shifting SAR..

 

[HEM]

BNF30 Trades - 10th Dec'13

* No Pivots formed in 30min tf, used 15min pivot high for shifting SAR..

I have covered my all swing shorts above 2:30 aggressive ph (APH) and taken long above that 2:30 APH and now my SAR is lod ( 30 min 1:30 pl) low-f.

Reason for my that trades( covered shorts and taken long) :-

(1) no pivot on 30 min TF
(2) 30 min 2:30 bar is aggressive ph (APH)
(3) 11:30 pl BDF by 30/60 min 2 :00 bar and here 30 min 2:00 bar is solid bullish bar and 60 min 2:00 bar is a hammer and after that BDF...... 2:30 bar was APH so covered all my swing shorts above this 2:30 APH and taken long above that APH.




HEM

 

[HEM]

I have covered my all swing shorts above 2:30 aggressive ph (APH) and taken long above that 2:30 APH and now my SAR is lod ( 30 min 1:30 pl) low-f.

Reason for my that trades( covered shorts and taken long) :-

(1) no pivot on 30 min TF
(2) 30 min 2:30 bar is aggressive ph (APH)
(3) 11:30 pl BDF by 30/60 min 2 :00 bar and here 30 min 2:00 bar is solid bullish bar and 60 min 2:00 bar is a hammer and after that BDF...... 2:30 bar was APH so covered all my swing shorts above this 2:30 APH and taken long above that APH.




HEM

My aggressive BNF long trade above 2:30 APH has been proved wrong....... no problem......its a usual part of trading.......:thumb:

Exited all my swing long trade below 9:30 bar low and now SOH.......will take short below 30 min 10:00 pl low........



HEM