when i should have exited my short on 18/10/2010

[razx5]

Trade a higher time frame. If u are going to trade a 5-10 min chart expect to get whipsawed..

A suggestion, rework your entry.

can u just explain ur trading style at the end of day..ur entry stoploss target..with reasons of course?

 

[razx5]

Trade a higher time frame. If u are going to trade a 5-10 min chart expect to get whipsawed..

A suggestion, rework your entry.

perfect day today..shorted the market at first 30min low at 6111.25 with stopat day high 6150..it threatened to trigger at around 10.56 and touched high of 6146.50..and then free fall..till then day low was 6106.35..as soon as it broke ..44 points fall(6150-6106.35)..coverred full at 6062...howz your trade?

 

[vinodh2u]

Hi Raz,

I am trying to trade nifty using Veluri sir "Ranges readymade worksheet".

I could understand yesterdays open,high,low and close values and what to enter.

But how do i enter "Todays First half an hour values".

By looking at the graph , i can get Today's Open , High and low values.

How do i get today's Close value.

Could you let me know how much success you got trading in this method.
Your inputs are more appreciated.

Thanks
Vinodh

 

[razx5]

Hi Raz,

I am trying to trade nifty using Veluri sir "Ranges readymade worksheet".

I could understand yesterdays open,high,low and close values and what to enter.

But how do i enter "Todays First half an hour values".

By looking at the graph , i can get Today's Open , High and low values.

How do i get today's Close value.

Could you let me know how much success you got trading in this method.
Your inputs are more appreciated.

Thanks
Vinodh

first half hour values are nothing but the data from 9.15 a.m(9-9.15 is preopen)to 9.44 a.m..jus go to nseindia.com..click tame lite..u ul get hte data..i have been trading his one more method..u can download the excel sheet from http://www.traderji.com/advanced-tr...mple-excel-tigher-method-2-formula.html..this s better..this has yielded me better returns..ranges readymade there s no stoplos mentioned..