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| Discuss Nifty Futures Trading at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by Saint ........mini bias towards longs,as daily is still uptrend mode,looking for a ... |
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#4631
9th May 2008, 01:00 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
But I have taken wrong postion I think as Daily in in uptrend... and I thought it to be in a rally... which was cleared by jamit... in new intermediate uptrend thread... so I should square off my short postions right? or wait for the SL to be taken away!!! Regards 
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#4632
9th May 2008, 01:05 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Great Saint is back in this thread .... though i m not trading intraday but a request to saint if you can post a chart at EOD with indiacion of long short on chart ..
it wil bea great ... yes i m also looking to go long on 60 min charts Regards Satya
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#4633
9th May 2008, 01:07 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
 but tht is because of my wrong interpretion of Saints pivot method(this time "lucky" with my wrong interpretation, but "luck is the last thing" to expect in technical analysis)... I still need the senior members guidance to become a sucessful student of the market... and would always need the guidance Regards
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#4634
9th May 2008, 01:16 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Let us request him to start the Intraday Fishing thread so as to put all the pieces of the puzzle toghther. I think a LOT of us will benifit from it....what do you say..  Rakesh
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#4635
9th May 2008, 01:16 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Hold the shorts........presume you are playing the 60min charts and shorted the breakdown.......so you are short till trends change to the up.Till previous pivot highs are taken out. Since you are trading the hourly charts,don't worry abt intermed uptrends etc...........keep it simple.Short the breakdown of previous pivot lows.Cover shorts once previous pivot highs are crossed.Use the 2 bar system only if things get vertical.Ride the Trend and Enjoy the Ride!! Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."
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#4636
9th May 2008, 01:17 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
So i do not listen to news anymore Regards
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#4637
9th May 2008, 01:20 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Cover and reverse to long if that happens. Great going,MB..........Keep up the great work. Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."
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#4638
9th May 2008, 01:20 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
 Thanks a lot for ur explanation... I will hold my short then untill the previous pivot high is taken out... Thanks once again! Regards
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#4639
9th May 2008, 01:24 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."
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#4640
9th May 2008, 01:24 PM
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Re: Time to Stick my Neck Out ,Nifty 7300
Quote:
Saint
__________________
"You cannot change the direction of the wind,but you CAN adjust the sail..."
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