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| Discuss NIFTY Futures Mechanical Trading at the Futures within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by nadodav NIFTY FUTURE For June 19, Current position : LONG (at 4527 ... |
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#751
18th June 2008, 07:00 PM
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Re: NIFTY Futures Mechanical Trading
Quote:
I would appreciate if you could tell us how much points above or below your levels should we trigger buy or sell , if we cannot manage to sit thru the entire trading session. Thanks in advance. Sandeep 
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#752
18th June 2008, 09:18 PM
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Re: NIFTY Futures Mechanical Trading
Quote:
Today NF traded below 4558 minutes before closing at 4564.85 Still you say long Please explain pulimath
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#753
18th June 2008, 09:38 PM
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Re: NIFTY Futures Mechanical Trading
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Please go through the FIRST few posts of Mr. Vinod... all is crystal clear!  Regards
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#754
19th June 2008, 09:21 AM
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Re: NIFTY Futures Mechanical Trading
Dear MB
Thanks a lot for your suggestion. I did go thru the previous posts and I think Vinodji has mentioned 5/7 points above or below his levels to be a reversal point. Sandeep
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#756
19th June 2008, 09:58 AM
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Re: NIFTY Futures Mechanical Trading
Quote:
I don't think short was triggered yesterday. But it has got trigerred today as nifty has opened gap down. Please correct me if I am wrong vinodji Sandeep
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#757
19th June 2008, 10:06 AM
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Re: NIFTY Futures Mechanical Trading
Dear Arjit & Sandeep,
Yes. short was not trigerred yesterday but today. now short at 4515. Pl wait till confirmation before changing a position. If i am not wrong, Arjit, last time also you had changed your position hurrily & was stuck-up on wrong side. so please wait for 2-3 minutes or atleast 5-7 points. Vinod
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#759
19th June 2008, 10:10 AM
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Re: NIFTY Futures Mechanical Trading
Quote:
Pl go through earlier posts. We have to wait some time before changing a position. you can either place SL order 5-7 points below/above support/resistnace if you are not against terminal or wait 2-3 minutes to trade below/above support/resistnace for confirmation. Vinod
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#760
19th June 2008, 10:12 AM
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Re: NIFTY Futures Mechanical Trading
Hi Vinodji,
Just a suggestion. To clear this confusion is it not possible to give a level by adding or subtracting 7 points from the levels you post. Thanks Pravin
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