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  #3731  
Old 16th April 2008, 10:23 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Long @ 4945 with LOD as stop & reverse.
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  #3732  
Old 16th April 2008, 10:31 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by aca_trader View Post
Long @ 4945 with LOD as stop & reverse.
Market not looking that healthy for longs with Fut & 5000 Call OI at the highest and chances of an intraday DT but still will follow the system. Gives more confidence to reverse the trade though. Only if short-covering starts, it may go higher.
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  #3733  
Old 16th April 2008, 10:47 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by aca_trader View Post
Market not looking that healthy for longs with Fut & 5000 Call OI at the highest and chances of an intraday DT but still will follow the system. Gives more confidence to reverse the trade though. Only if short-covering starts, it may go higher.
Exited long at 4930 after double bottom & retest. Shorted @ 4926; below 1st 5-Minute Low.
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  #3734  
Old 16th April 2008, 10:54 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Exited long at 4930 after double bottom & retest. Shorted @ 4926; below 1st 5-Minute Low.
Covered 50% on Gap-Fillage @ 4905. More reasons :- 1 minute RSi <30, Sensex touching the day's open and NIFTY around BB Midline on 5-min.
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  #3735  
Old 16th April 2008, 10:58 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Originally Posted by aca_trader View Post
Market not looking that healthy for longs with Fut & 5000 Call OI at the highest and chances of an intraday DT but still will follow the system. Gives more confidence to reverse the trade though. Only if short-covering starts, it may go higher.
System vs. Hunch. Hunch wins again but still no psychological pain.
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  #3736  
Old 16th April 2008, 11:16 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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System vs. Hunch. Hunch wins again but still no psychological pain.
Covered rest at 4899 when price bounced back above yesterday's close of NF.
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  #3737  
Old 16th April 2008, 11:35 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Covered rest at 4899 when price bounced back above yesterday's close of NF.
Looks like in the process of making 1-2-3 on 5 min, will go long above 4925.
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  #3738  
Old 16th April 2008, 11:35 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Nifty Fut 10 min's Signal presently Green.

Last edited by uasish; 10th August 2008 at 11:44 PM.
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  #3739  
Old 16th April 2008, 11:37 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Entered longs at 4918,sl below pivot lows

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  #3740  
Old 16th April 2008, 11:39 AM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

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Looks like in the process of making 1-2-3 on 5 min, will go long above 4925.
Long at 4924.9, SL-4910.
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