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Derivatives Discuss Futures & Options in securities whose value is derived from an underlying instrument.


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  #321  
Old 20th February 2008, 10:49 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

New lows......NIFTY 5151,moving stop loss on back 2/3 to 5178

Saint
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  #322  
Old 20th February 2008, 10:56 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

hmmm....no follow through to the down after the first bar took it out to new lows.........

Saint
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  #323  
Old 20th February 2008, 10:56 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

5mins and counting for the hour to be up.........looking like an end of this bar on the resitance line,which usually means bounce.

Covering another third at 5140.....sl of last third at 5164

Saint
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  #324  
Old 20th February 2008, 11:04 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Saint View Post
5mins and counting for the hour to be up.........looking like an end of this bar on the resitance line,which usually means bounce.

Covering another third at 5140.....sl of last third at 5164

Saint
such you have an excellent knowledge of real time analysis. i desire to be like you.
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  #325  
Old 20th February 2008, 11:08 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

covering last third at 5140..........reasons:this gradient getting less steep,follow through just not there,have to go out for now(beauty of doing something where you are boss!)

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  #326  
Old 20th February 2008, 11:36 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by biyasc View Post
such you have an excellent knowledge of real time analysis. i desire to be like you.
Nothing that is not there in any chart textbook and known by every trader ,my friend.......

Ah,never be like me........Aim to be better.......You have great discipline,my friend.You have what it takes to get there.......So do what is required,time,energy,passion,1000's of charts,capital,plan,etc,etc.......and you'll get there.Better than all of us.Earning much more than us all........

All the best!
Saint

ps:Need to reply to a post by you about not getting enough signals,etc in Asish's other thread at a later date...
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  #327  
Old 20th February 2008, 11:53 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by Saint View Post
Nothing that is not there in any chart textbook and known by every trader ,my friend.......

Ah,never be like me........Aim to be better.......You have great discipline,my friend.You have what it takes to get there.......So do what is required,time,energy,passion,1000's of charts,capital,plan,etc,etc.......and you'll get there.Better than all of us.Earning much more than us all........

All the best!
Saint

ps:Need to reply to a post by you about not getting enough signals,etc in Asish's other thread at a later date...
thanks, eagerly waiting for your reply.
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  #328  
Old 20th February 2008, 12:17 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Breaking out of the falling wedge on the 5 min......Buying half of usual at 5128,sl 5111

Saint
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  #329  
Old 20th February 2008, 12:24 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Chart attached...

Saint
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File Type: png NF Falling Wedge on 5.png (37.0 KB, 38 views)
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  #330  
Old 20th February 2008, 12:37 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Stops run.... and bounce back.... this hurts more than making the loss
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