Scalping and more in Nifty Futures

[rh6996]

Short triggered, SL (SAR) at above >6400.55

 

[rh6996]

Must break the low to sustain down move !

 

[rh6996]

Short triggered, SL (SAR) at above >6400.55

If 6382.45 not breached, then SAR may move to 6394.45 though prefer maintain earlier levels!

 

[rh6996]

10 Dec 2013
Low of opening bar at 6317 and high at 6417 : Range 100 points.
This has spoiled the chart for intraday. Seems difficult to trade.

 

[rh6996]

Trades generated by system but not taken by me :

Sell below 6378 at 10:35 AM did a low of 6358
Buy above 6372.55 at 11:20 Long was not triggered.
We are still short with SAR at above 6368, the level generated at 12:15 PM

 

[rh6996]

Waiting for long trigger above 6368, say at 6368.55

 

[rh6996]

The SAR at 6368.55 now null ! Its still short.

 

[rh6996]

SAR now at above> 6364 ! Short was at 6378 and did a low of 6344 ! Tgt1 of 14 points was met quiet easily and has done a max of 34 points move in our direction. The SAR level is also at a Profit of 14 points now.

Need to be more disciplined and more confident of the "system" ! I did not trade out of sheer fear due to 100 points first 5 min. bar, was totally confused and fearful of losses.

 

[rh6996]

SAR moved to 6361.55 and triggered Long, did a High of : 6366.40

SAR now at 6358.45

 

[rh6996]

SAR moved to 6361.55 and triggered Long, did a High of : 6366.40

SAR now at 6358.45

Does a high of 6380, SL moved to cost. Tgt 1 of 14 points done.