Trading Nifty by Levels

[khushi00]

		Target 1	Target 2	Target 3	Target 4
Buy Signal	4865.46	4875.01	4881.80	4890.46	4901.47
Sell Signal	4834.54	4824.99	4818.20	4809.54	4798.53
					
	Mid-point:				
Buy Above	4850.00	4859.55	4862.15		
Sell Below	4850.00	4840.45	4837.85

all most 2nd trgt met
so i had written in diary
12 points profit n loss of 8 points so net gain 4 points as per volatility sheet

 

[manish9300]

i havnt entered into any trade ..........so i am looking at a lot of things to get some sense of trend

 

[hawaisanjay]

		Target 1	Target 2	Target 3	Target 4
Buy Signal	4865.46	4875.01	4881.80	4890.46	4901.47
Sell Signal	4834.54	4824.99	4818.20	4809.54	4798.53
					
	Mid-point:				
Buy Above	4850.00	4859.55	4862.15		
Sell Below	4850.00	4840.45	4837.85

These are spot levels or future?

 

[manish9300]

all most 2nd trgt met
so i had written in diary
12 points profit n loss of 8 points so net gain 4 points as per volatility sheet

?? sorry but i dont get it???when did loss happen?did u entered second time at 4850 after it touched 4857?

 

[manish9300]

how many of you still in LONG .... I'm buying on every DIPS

i also want to enter long but waiting for a good entry point.

 

[khushi00]

These are spot levels or future?

futures only................

 

[aggy]

i also want to enter long but waiting for a good entry point.

great happy trading

 

[manish9300]

in vol trading we take first trade withh stoploss of 3-5 points ......if stoploss hit we reverse the trade and if stoploss to this reverse trade is also hit....as far i understand ... we r not suppose to take the third trade.

todays trade.... first trade is short 4850 where stoploss of 5 point hit and for reverse trade also stoploss 5 points hit.

khushi mam pls clarify where i am mistaking?(at ur convinience of course)

 

[khushi00]

?? sorry but i dont get it???when did loss happen?did u entered second time at 4850 after it touched 4857?

i m not talking about my trades
i m talkin about what i noted down as backtest file for volatility sheet

 

[khushi00]

in vol trading we take first trade withh stoploss of 3-5 points ......if stoploss hit we reverse the trade and if stoploss to this reverse trade is also hit....as far i understand ... we r not suppose to take the third trade.

todays trade.... first trade is short 4850 where stoploss of 5 point hit and for reverse trade also stoploss 5 points hit.

khushi mam pls clarify where i am mistaking?(at ur convinience of course)

in volatility trade, 3rd trade is always profitable