Trading Plans.....Open to All

R

rkkarnani

Well-Known Member
#12
#12
My short also came ~8220 but played safe and gave trade to short below 8200 which held on. Tomorrow will tell whether it was a right decision or wrong. :p

Would have preferred a close below 8220 for Short trade.

(All levels mentioned are NF levels)
 
Last edited:
M

mrktmstr

Well-Known Member
#14
#14
Sold NiftyFuture @ 8212 On 09/06/2016 14:12

Trades Planned for 10th June 2016:thumb:

Target & Stoploss Order: Buying NiftyFuture if 8300 OR 8053 Triggers

Buying NiftyFuture if 8300 Triggers with Stoploss @ 8158
Selling BankNiftyFuture if 17690 Triggers with stoploss @ 18045
 
M

mrktmstr

Well-Known Member
#16
#16
timepass said:
mrktmstr, please post your logic/charts along with the proposed trades. Simply posting the trades does not serve any purpose for the members.
Click to expand...
Please excuse me for not sharing Charts/Logic used for my Analysis.
I've many reasons to support the cause
The main thing is that i am following a mix of Fibbonacci and Gann angle approach.
Sometimes i follow the Previous Day close and other times i follow a mean betwen High and Low for Calculating Entry and Exit levels.
Behind all these simple Human jealousy of Owning a "Winning" Logic ---(winning is respective to me as of now):thumb:
 
M

mrktmstr

Well-Known Member
#17
#17
mrktmstr said:
Sold NiftyFuture @ 8212 On 09/06/2016 14:12

Trades Planned for 10th June 2016:thumb:

Target & Stoploss Order: Buying NiftyFuture if 8300 OR 8053 Triggers

Buying NiftyFuture if 8300 Triggers with Stoploss @ 8158
Selling BankNiftyFuture if 17690 Triggers with stoploss @ 18045
Click to expand...
Day High for NiftyFuture on 10th june was 8299(Our Stoploss @ 8300):thumb:

Trades Planned for 13th June 2016
Target & Stoploss Order: Buying NiftyFuture if 8260 OR 8053 Triggers

Buying NiftyFuture if 8260 Triggers with Stoploss @ 8121
Selling BankNiftyFuture if 17690 Triggers with stoploss @ 17992
 
C

coolineo

New Member
#18
#18
mrktmstr said:
Day High for NiftyFuture on 10th june was 8299(Our Stoploss @ 8300):thumb:

Trades Planned for 13th June 2016
Target & Stoploss Order: Buying NiftyFuture if 8260 OR 8053 Triggers

Buying NiftyFuture if 8260 Triggers with Stoploss @ 8121
Selling BankNiftyFuture if 17690 Triggers with stoploss @ 17992
Click to expand...
Dude, what is your RR Ratio? I have never seen such wide stop losses especially from lone traders. Good luck with this approach. How did you get those levels, I'm curious. If I do nothing and just draw fibs or SR lines then also your numbers look haywire.

 
timepass

timepass

Moderator
#19
#19
mrktmstr said:
Please excuse me for not sharing Charts/Logic used for my Analysis.
I've many reasons to support the cause
The main thing is that i am following a mix of Fibbonacci and Gann angle approach.
Sometimes i follow the Previous Day close and other times i follow a mean betwen High and Low for Calculating Entry and Exit levels.
Behind all these simple Human jealousy of Owning a "Winning" Logic ---(winning is respective to me as of now):thumb:
Click to expand...
It's ok to have different logics for different situations, and it would be more helpful to all to discuss the reasoning for each call.
 
M

mrktmstr

Well-Known Member
#20
#20
coolineo said:
Dude, what is your RR Ratio? I have never seen such wide stop losses especially from lone traders. Good luck with this approach. How did you get those levels, I'm curious. If I do nothing and just draw fibs or SR lines then also your numbers look haywire.

Click to expand...
I am following just weekly High low Close and Normal Range based on Volatility(Will rethink only if any substantial change in HIGH/Low Happens.)

Current Stoploss is based on assumption of a 38.2% Retracement of Weekly Trading Range from Previous Days Close Price and Will remain the same if close price moves in adverse directionand gets Trailed till Target reaches or Trend Reversal happens
 
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