NF - Learning Swing Trading

ananths

ananths

Well-Known Member
#61
#61
Sudarshani Sukhani suggests positional short can be taken by professional traders in Nifty closing below 8050 and SL would be 8150. After a long time he said Long can exit and stay away if not short.
 
OMSAI

OMSAI

Banned
#64
#64
ananths said:
IMO NF will see 7980 this week before any bounce :D
So I will look for short on up move until 8150 is taken out.
Click to expand...
Sukhani........vs .......TMA.........:lol:
 
ananths

ananths

Well-Known Member
#70
#70
ananths said:
IMO NF will see 7980 this week before any bounce :D
So I will look for short on up move until 8150 is taken out.
Click to expand...
This was posted on 15th Sept and on 16th NF low made 7952.

I took a short trade from 8045..but exited early(8015) bcoz I was not monitoring mkt.

pakatil said:
Did You take any Short in the move from 7960 to 8146 on 18th....??
Click to expand...
On 17th I took a long position but exited with a small profit because of Fed meeting outcome. It would have been a dream return if I had held that position. Long entry level on this day changed to 8010.

On 18th, who will dare to take a short position? :D...I had actually long entry at 8010 but did not place order bcoz I was not watching mkt. Mostly my order would have jumped in that rally but I missed an important swing entry there.

For now I would enter only long with a stop at 8110-8100. :thumb:

I'm not sure i'm doing swing trade or positional but my trading is so far good and consistent except that I missed two good trades this week.
 
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