Trading Plans.....Open to All

[mrktmstr]

How is your SL above entry for Long ?

Pls check my posts from 17th Oct 2016.Initial SL was trailed each day and it is updated ontime

 

[travi]

sorry, didn't figure that out.

What are the TF you use to draw your lines ?

 

[mrktmstr]

Entered Long Positon in BNF @ 19238,SL @ 19441,Partial Profits Booked at 19728 (+490 Points)
Entered Long Positon in NiftyFuture @ 8599,SL @ 8626,Partial Profit Booking at 8762

Trade Plans for 21st Oct 2016:thumb:
NiftyFutures:Fresh Selling below 8626, SL @ 8754
BankNifty Futures: Fresh Selling below 19441, SL @ 19811

 

[suktam]

Hi
I will start as per your system with 2 lot .. one book at 50 points and second will at 170 points... and if our forum rules not broken then send me your mail Id....
Regards...

 

[mrktmstr]

sorry, didn't figure that out.

What are the TF you use to draw your lines ?

I follow only EOD Data for analysis...

 

[travi]

Thanks for the reply.

I am just trying to get in sync with your current holding positions.
From 13-Oct to 21-Oct, 7 days x 2 trades, ie. NF & BNF,
Trade of 18-OCT: NiftyFutures:Fresh Buying above 8598, SL @ 8478
this trade got executed right?

Is this the only open position currently?

 

[Hugh Jackman]

Entered Long Positon in BNF @ 19238,SL @ 19441,Partial Profits Booked at 19728 (+490 Points)
Entered Long Positon in NiftyFuture @ 8599,SL @ 8626,Partial Profit Booking at 8762

Trade Plans for 21st Oct 2016:thumb:
NiftyFutures:Fresh Selling below 8626, SL @ 8754
BankNifty Futures: Fresh Selling below 19441, SL @ 19811

Hi,
Please help me understand this. How come your stop loss is in between your long position and the profit booking. How does this work?
Thank You

 

[ramswamy2006]

Hi,
Please help me understand this. How come your stop loss is in between your long position and the profit booking. How does this work?
Thank You

It must be a typo error...

 

[suktam]

Hi,
Please help me understand this. How come your stop loss is in between your long position and the profit booking. How does this work?
Thank You

hi
it is not typo error.. he is continuous in long trade from 8598... and wait for target .. but meanwhile if today if market goes down he convert his position from long to short with double qty... am i ok ??
Regards...

 

[Hugh Jackman]

hi
it is not typo error.. he is continuous in long trade from 8598... and wait for target .. but meanwhile if today if market goes down he convert his position from long to short with double qty... am i ok ??
Regards...

Yeah, combining both the parts of the post including with the trade ideas for today, it makes sense.
So in case the price goes to his SL level above the long position and decides to turn back, he goes short.
Correct me if I am wrong.
Thank You.