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NIFTY Futures Mechanical Trading

Discuss NIFTY Futures Mechanical Trading at the Futures within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Looks like, BAD DAY tomorrow, chaos in all global markets, dow and nasdaq are down ...


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  #1181  
Old 5th September 2008, 01:19 AM
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Angry Re: NIFTY Futures Mechanical Trading

Looks like, BAD DAY tomorrow, chaos in all global markets, dow and nasdaq are down around 3%.

Tomorrow market will definitely open below 4389.
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  #1182  
Old 5th September 2008, 09:49 AM
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Thumbs up Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by MaxBombay View Post
Looks like, BAD DAY tomorrow, chaos in all global markets, dow and nasdaq are down around 3%.

Tomorrow market will definitely open below 4389.
Yes. surely it will be gap-down opening below support. we will wait till market settles before changing our position. Usually we wait 5 minutes (till 10.00) to allow market settle down. And incase after 5 minutes if market trades above support, we have to wait till it again trades below support for altest two minutes to change position.
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  #1183  
Old 5th September 2008, 10:01 AM
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Default Re: NIFTY Futures Mechanical Trading

its 10am and nifty @ 4354. shall we go short now?
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  #1184  
Old 5th September 2008, 10:01 AM
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Default Re: NIFTY Futures Mechanical Trading

Position Changed at 4358
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  #1185  
Old 5th September 2008, 10:01 AM
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Thumbs up Re: NIFTY Futures Mechanical Trading

Position Changed @ 4355. now short with SL 4481
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  #1186  
Old 5th September 2008, 10:01 AM
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Default Re: NIFTY Futures Mechanical Trading

Change posn?
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  #1187  
Old 5th September 2008, 10:13 AM
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Default Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by nadodav View Post
Position Changed @ 4355. now short with SL 4481
Hello,
I will be thankful to you if in change in trade message, you mention points gained or loosed in previous closed trade.

Last edited by skr; 5th September 2008 at 11:39 AM.
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  #1188  
Old 5th September 2008, 11:34 AM
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Default Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by skr View Post
Hello,
I will be thankful to you if in change in trade message, you mention points gained or lost in previous closed trade.
Do not take any position until a trend emerge
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  #1189  
Old 5th September 2008, 11:48 AM
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Default Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by kris905 View Post
Do not take any position until a trend emerge
May short at 4356 with SL 4365, cover at 4343
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  #1190  
Old 5th September 2008, 12:01 PM
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Default Re: NIFTY Futures Mechanical Trading

Quote:
Originally Posted by kris905 View Post
May short at 4356 with SL 4365, cover at 4343
Trail SL at 4356
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