My Nifty/Mini-Nifty Positional trade logs

[summasumma]

Today's low itself is a good support if broken next support is @ 5680.

NF Low now 5680.1....
2nd attempt infact to break...
hope it breaks...

 

[summasumma]

And again all stochs came down.
2111/811 both are both at same value in OS zone now... One observation in this kind of situation is that market might take U turn from here. Example of this situation is in the above image itself. Check nifty flow around november 6th-7th timeframe w.r.t 2111/811...

During the early rally in the morning exited the 5700PE@26... And was thinking whether i made a mistake without checking the stochs value @ EOD..(ofcourse i don't have to check the system incase of panic movement and today is no panic and just a gentle push above).

Then when nifty started coming down i just wanted to stick to rules... so entered NF short around 5710 and holding.
5860 broke today and should act as mild resistance now. Next support 5555.

Hold short.

Open Position:
--------------
Exited the 5700put@ 26...bought@ 49
Loss: 23 points.

Entered Short in NF @ 5710
CMP: 5664


P/L status:
-----------
-20+80+142-8-90+15-60-60+124-23 = +100

 

[vinst]

And again all stochs came down.
2111/811 both are both at same value in OS zone now... One observation in this kind of situation is that market might take U turn from here. Example of this situation is in the above image itself. Check nifty flow around november 6th-7th timeframe w.r.t 2111/811...

During the early rally in the morning exited the 5700PE@26... And was thinking whether i made a mistake without checking the stochs value @ EOD..(ofcourse i don't have to check the system incase of panic movement and today is no panic and just a gentle push above).

Then when nifty started coming down i just wanted to stick to rules... so entered NF short around 5710 and holding.
5860 broke today and should act as mild resistance now. Next support 5555.

Hold short.

Open Position:
--------------
Exited the 5700put@ 26...bought@ 49
Loss: 23 points.

Entered Short in NF @ 5710
CMP: 5664


P/L status:
-----------
-20+80+142-8-90+15-60-60+124-23 = +100

In Nov, NF was in uptrend on daily and above Trendline, so all 3 stochs in OS condition turned out to be a bottom. Currently, nifty in not in uptrend, so all stochs in OS condition would not create a bottom so soon, I guess.

 

[summasumma]

2111/811 both came up but still inside OS zone.
Parents and child came down with child moving further inside OS zone...

Breaking today's low has more chance of touching next support @ 5555 as the trendline will be broken and stochs are nicely placed in the OS zone to accommodate any down move.

Hold short.

Open Position:
--------------
Holding Short in NF @ 5710
CMP: 5668


P/L status:
-----------
-20+80+142-8-90+15-60-60+124-23 = +100

 

[summasumma]

All stochs went down.

Exited the short when NF was at 5705 in the morning.
Rule is to wait till last 10mins unless there is panic movement.
But went against it just to cover the position at cost and paid the price of missing the 60+ points downmove after that.
Currently holding no position. (but ideally should carry short as child and 2111/811 are in OS zone)

Hold short.

Open Position:
--------------
Exited Short in NF @ 5705....entered price@5710
no profit/loss.


P/L status:
-----------
-20+80+142-8-90+15-60-60+124-23 = +100

 

[summasumma]

The child and 2111/811 moved up on this expiry day.
If the next trading day produce a up green bar bringing 2111/811 both outside of OS zone, we will consider going long.

Else if a big gap gets created between 2111/811, it will be range-bound market in coming days.

Hold short till then.

Open Position:
--------------
Nothing.

P/L status:
-----------
-20+80+142-8-90+15-60-60+124-23 = +100

 

[summasumma]

Child and 2111/811 came UP..........

As mentioned in the earlier post, the 2111/811 both came out of OS zone yesterday complimenting each other, but i still didn't enter LONG as the child was not out of OS zone(18.7 yesterday).

And today child came out of OS zone.
But 2111/811 are not complimenting each other today. We can see 811 rocketed into OB zone(96) but the 2111 still trying to beat 40s...
So since there is no convincing up move by 2111 also, im waiting to enter LONG.

If 811 can sustain inside the OB zone even after the eod tomorrow,then enter LONG.
Else, there are occasions where i lost money in exact scenario where i failed to wait to confirm 811 willingness to stay in OB zone and then market came down completly the next-day(for ex, check 11th Jan/20th Feb move followed by next day)... Will enter SHORT, if 811 comes out of OB zone tomorrow.

No open position.

 

[targetzero]

Hi,

I didnt understand one bit. If there is explanation of the basic terms in this chart, can you point me to it?

Basically didnt get what the numbers 2111/811 are pointing to.

Thanks

 

[timepass]

Hi,

I didnt understand one bit. If there is explanation of the basic terms in this chart, can you point me to it?

Basically didnt get what the numbers 2111/811 are pointing to.

Thanks

Click on his signature


(or is it her, Summa )

 

[summasumma]

Hi,

I didnt understand one bit. If there is explanation of the basic terms in this chart, can you point me to it?

Basically didnt get what the numbers 2111/811 are pointing to.

Thanks

2111 is (21,1,1) full-stochastics and
811 is (8,1,1) full-stochastics.

Both are plotted in my previous post image on Nifty-Futures.
Please click on the top of the image where it says "...click this bar to view the full image..." to see the chart more clearly.

To know about 2111/811, check the link in my signature.