Friday, 31 March 2017

Trends Part 1

Trying to explain what I know about Trends.
Will be winding up about Trends in next video (Part 2). Need to Cover ranges, Nuances, MSP
Will do that shortly.


Note#
This is what I plan to add in future#
Trend Part II
Ranges, Initial Ranges
DP (DONE)
Space
Critical Mass
Order Flow
Risk


Setting Target for Trade#
Tactics for Entering Trades#
Trade Management#
Nuances#MC, Bracket, Envelope, BarbWire,

Any suggestions ?

Mar 31 No good Trade setup

No Trades today..

Tuesday, 28 March 2017

Mar 28 2017


2 trades both scratched.
For Trade 1 though MC will act as range hence taken.

Monday, 27 March 2017

Mar 27 2017



Was not feeling well in morning. Started to trade in afternoon. Took 1 Trade.

Friday, 24 March 2017

Mar 24 2017



Missed morning BO trade Attempted BOF scratched.

Answer to comment 2#










Think through your trade managment#
1> Entry bar
2> Good move stops at 10 .
3> Pullback (Buffer zone) good sign. lets hold this trade.
4> Why the flip didn't break hmm
5> Buffer zone , lets see if this holds
6> hmm again flip didn't break. Shall I exit here. Trading with trend, Strong flip below.  Lets move the stop to 32
7> Strong rejection bar.  If the price break below 5 lets exit. Top flip is proving too strong to break.
8> Stopped out. 

Tuesday, 21 March 2017

Tuesday, 14 March 2017

Mar 14 2017


1 Trade scratched.
NS BRN resisted the up move. Looking at consolidation gave some space then scratched.

PS: Will be out of station need to attend a function. Will be back on Monday. Trade Well.

What you will do here and Why ? - Contd

Thanks for response. Wanted to talk about one important concept of Extended moves.
Nifty has tendency to move between option strikes.
In this case it moved from 8450 to 8500.
Be careful if you want to take trade when it has moved 40+ points in one direction..


Monday, 13 March 2017

What you will do here and Why ?

What will you do here and Why ?
What concepts will you use to take trade. Give it a try.
There are no right and wrong answers. Look for the reasons to go short / long and
post your answers.

PS: Comment section is open




Assessing DP strenght

DP is one of the seven factors we use to take decision. It is very simple to assess if this DP will hold on
not. This Video explains the same.
Remember: we don't just trade of this alone other factors need to be considered. Hope at least DP concept is clear with this.

Please press the like button(G+) if you find it useful that will encourage me to add more videos.Need to work on my recording skills will work on it :).



Friday, 10 March 2017

Mar 10 2017

2 Trades
1st was CT which didn't moved.
2nd with Trend BO , closed on high volume bar and also very near to NS BRN.

Thursday, 9 March 2017

Mar 9 2017


Took the last trade on the hope that PDC might hold . it didn't.

Wednesday, 8 March 2017

Tuesday, 7 March 2017

Completed 3 years of Full time trading

Today marks the 3rd year of full time Trading. Its been a great learning personally, technically and emotionally.
Trading has brought in lot of good changes in me to be a better father/husband/friend.
Its time to give back to trading community will try to post trades (with order book), videos, articles going forward. Hoping this will be helpful to upcoming traders.


March 7 2017

Attempted BO trade, there was no conviction closed the trade.
I expect market to be dull like today tomorrow also.(Elections). 9th may give good opportunities because of exit polls.