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  #5081  
Old 16th May 2008, 02:37 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Kolkata Meet indicator trades generated yesterday :
(levels are after applying a filter)
H/L is high or low after the trade was trigger....
S 5076.80 L 5073.20 H/L 5062.30
L 5073.20 S 5084.80 H/L 5094.90
S 5084.80 L 5070.20 H/L 5055.00
L 5070.20 S 5071.80 H/L 5081.70
S 5071.80 L 5076.20 H/L 5065.20

L 5076.20 S 5074.80 H/L 5086.70

S 5074.80 L 5080.20 H/L 5064.00
L 5080.20 S 5111.00 (Close) H/L 5122.25

I had started giving live trades yesterday and made a mistake while calculating, reduced the buy level by the filter instead of adding it to the level, got a false trade that got stopped, had gone nervous and stopped posting.
The trades in the RED were loss making!!!!
Also posting trades generated till now.... i traded today but have stopped trading now, made some profit.
Regards
-Gautam
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  #5082  
Old 16th May 2008, 02:37 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by milind View Post
remember, its a long weekend.
Why long? Is on Monday markets closed ?

Regards
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  #5083  
Old 16th May 2008, 02:39 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Quote:
Originally Posted by gkpc View Post
Kolkata Meet indicator trades generated yesterday :
(levels are after applying a filter)
H/L is high or low after the trade was trigger....
S 5076.80 L 5073.20 H/L 5062.30
L 5073.20 S 5084.80 H/L 5094.90
S 5084.80 L 5070.20 H/L 5055.00
L 5070.20 S 5071.80 H/L 5081.70
S 5071.80 L 5076.20 H/L 5065.20

L 5076.20 S 5074.80 H/L 5086.70

S 5074.80 L 5080.20 H/L 5064.00
L 5080.20 S 5111.00 (Close) H/L 5122.25

I had started giving live trades yesterday and made a mistake while calculating, reduced the buy level by the filter instead of adding it to the level, got a false trade that got stopped, had gone nervous and stopped posting.
The trades in the RED were loss making!!!!
Also posting trades generated till now.... i traded today but have stopped trading now, made some profit.
Regards
-Gautam
Will you please explain the usage of kolkata indicator and about the filter?
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  #5084  
Old 16th May 2008, 02:40 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Enhanced Stop to 5129.60.(9.60 points above Entry).
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  #5085  
Old 16th May 2008, 02:41 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

So scaling the Supply zone,now 5145.00
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  #5086  
Old 16th May 2008, 02:44 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Break Out
H&S got cancelled! Long now... carrying home long... SL below 5100

Regards...
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  #5087  
Old 16th May 2008, 02:45 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

So break-out happened.

Releasing 25 % @ 5160.00

A gain of (+) 40 points.

Holding another 25 %.
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  #5088  
Old 16th May 2008, 02:45 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Close above 5150 will give a strong weekly too...

Regards
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  #5089  
Old 16th May 2008, 02:46 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Trades in KolIndfor16th May till now

S 5125.80 L 5117.20 H/L 5101
L 5117.20 S 5123.80 H/L 5123.80

S 5123.80 L 5134.20 H/L 5111

L 5134.20 S 5133.80 H/L 5147

S 5133.80 L 5122.20 H/L 5107
L 5122.20 HOLDING LONG

Booking profit and exiting part qty. as i have been doing is not considered above. These are the trades generated by applying filter and individual comfort level can guide where to exit what qty. My suggestion to exit at the start of the day quickly and book some profit in part qty. so that the balance day you are more at ease in your buy and sell.

Regards
gkpc
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  #5090  
Old 16th May 2008, 02:47 PM
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Default Re: Time to Stick my Neck Out ,Nifty 7300

Enhanced Stop to 5159.95.
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