tag:blogger.com,1999:blog-2324071222077963440.post6406316835843146658..comments2023-07-24T16:48:30.066+05:30Comments on DayTraderNIFTY: Mar 24 2017xrtrader1http://www.blogger.com/profile/07473824189722328404noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2324071222077963440.post-49950788720304723692017-03-24T20:02:08.192+05:302017-03-24T20:02:08.192+05:30Hi Arun,
For me it is like knowing a person. Mor...Hi Arun,<br /> For me it is like knowing a person. More time you spend better you know them.xrtrader1https://www.blogger.com/profile/07473824189722328404noreply@blogger.comtag:blogger.com,1999:blog-2324071222077963440.post-10095163347854320782017-03-24T18:33:15.361+05:302017-03-24T18:33:15.361+05:30Hi. In way to go post in nifty nirvana. ST mention...Hi. In way to go post in nifty nirvana. ST mentioned learning dp method is life long utility. What does he mean? Do we able to trade this method life long with edge? Popped out from my mind when I was reading today. What is your understanding Ahttps://www.blogger.com/profile/10450702875715740777noreply@blogger.comtag:blogger.com,1999:blog-2324071222077963440.post-11910921746696867132017-03-24T17:52:16.786+05:302017-03-24T17:52:16.786+05:30Hi Shasank,
The manner in which u managed trade wa...Hi Shasank,<br />The manner in which u managed trade was very nice. Will try to emulate you. Thanks. nifty for breadhttps://www.blogger.com/profile/02415575279535390307noreply@blogger.comtag:blogger.com,1999:blog-2324071222077963440.post-89175875074643302282017-03-24T16:49:09.782+05:302017-03-24T16:49:09.782+05:30Hi Karthik,
I manage the trade based on Price a...Hi Karthik,<br /> I manage the trade based on Price action. Posted thought process as 2nd chart. I follow similar thought process for long and short trades.xrtrader1https://www.blogger.com/profile/07473824189722328404noreply@blogger.comtag:blogger.com,1999:blog-2324071222077963440.post-85838803494285073052017-03-24T16:47:08.308+05:302017-03-24T16:47:08.308+05:30Thanks! Visibility in higher time frame really dri...Thanks! Visibility in higher time frame really drives the point home. Chiraghttps://www.blogger.com/profile/09993795221410677585noreply@blogger.comtag:blogger.com,1999:blog-2324071222077963440.post-6049766741875078632017-03-24T16:37:11.813+05:302017-03-24T16:37:11.813+05:30Hi Chirag,
Nifty Future is guided by Nifty opti...Hi Chirag,<br /> Nifty Future is guided by Nifty option strikes. Which are placed 50 pts apart.<br />Look at entire Price action in morning<br />1> BO of PDH lot of stops triggered.<br />2> Took support (pullback) at 9130 then moved one more leg till 9144.<br /><br />In total it has moved close to 40+ points. Don't expect another move unless consolidation of 1.5 - 2 hours. Logic being this will accumulate lot of OF hence chances of one more move is probabilistic-ally high.<br /><br />Any move of 40+ points is called extended move. Don't look for immediate move again.<br /><br />Also while drawing ranges it should be obvious. Just think will this range be visible in higher time frame. If yes go ahead and trade that range. xrtrader1https://www.blogger.com/profile/07473824189722328404noreply@blogger.comtag:blogger.com,1999:blog-2324071222077963440.post-65440705380951098412017-03-24T16:07:23.845+05:302017-03-24T16:07:23.845+05:30Hi Shasank,
Thanks for the chart.
Please give a br...Hi Shasank,<br />Thanks for the chart.<br />Please give a briefing on how you trail your trades. You seem to trail, bit far, as a precaution against getting stopped out in case of TRAP. Do you follow the same strategy in case of shorts too?nifty for breadhttps://www.blogger.com/profile/02415575279535390307noreply@blogger.comtag:blogger.com,1999:blog-2324071222077963440.post-86661454683628880962017-03-24T15:57:12.650+05:302017-03-24T15:57:12.650+05:30Hi,
Thanks for the chart.
I would like to have yo...Hi,<br />Thanks for the chart.<br /><br />I would like to have your view on drawing ranges. Please have a look at the link for the chart :<br />https://drive.google.com/open?id=0B6rehnP-s8BEYkpwNnRlZGZCbXM<br /><br />After market stopped moving up, I marked a narrow range incorrectly. And I took a BOF expecting another leg up. How would you look at it?<br /><br />Thanks,Chiraghttps://www.blogger.com/profile/09993795221410677585noreply@blogger.com