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  #4731  
Old 12th May 2008, 02:01 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Above 4995,last prev pivot high, is the hourly on the NF signalling its intention of a change in trend........

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  #4732  
Old 12th May 2008, 02:03 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Covered 50 % @ 4963.45 (becoz of the Long Legged Dozi in 1 min chart is disturbing)
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  #4733  
Old 12th May 2008, 02:06 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

A gain of (+) 10 points,but more importantly now even if the Stop Hit will loose below 10 points.
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  #4734  
Old 12th May 2008, 02:10 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

rgt 4995..the last hourly pivot,,,,has to be crossed for hourly buy,,,though my signal is showing abuy in hourly chart...but still trend changing is still stnding stiff...still negative,,

renu
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  #4735  
Old 12th May 2008, 02:14 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Holding short still with entry SL of 20 points
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  #4736  
Old 12th May 2008, 02:17 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Brought down Stop to 4980.05 ( now even if this Hit not going to Loose).
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  #4737  
Old 12th May 2008, 02:22 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by moneygurukul View Post
Thanks! Certainly would try to. By the way, in market Luck & Hope are two biggest enemies of a trader.

Another short trade will be triggered if NIFTY Future trades below 4957.
Once again PDC theory gives 20 Points. Covered @ 4970.
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  #4738  
Old 12th May 2008, 02:25 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Stop Loss Hit.
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  #4739  
Old 12th May 2008, 02:25 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

longed @4977.25
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  #4740  
Old 12th May 2008, 02:27 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Go long above (reverse the short) 4984.10
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