Search results

I am short from 3638 ... tgt 3581... trading qty is 25%... will add if we break 50.44 lvl on WTI

USD has opened and shot the roof today... it kept us biased on the upside...

Stoploss will be very wide... and targets will be small... We will carry this positions for the next 2-3 days atleast...

Waiting for the 3639 to hit... and then the red bar for entry into short side... Qty 25%, Stoploss 3763... which was the highest high on EOD in the last few days...

A look at the EOD chart suggests we are finally in a phase where the market is digesting the gains. We had a quick 20% move from the bottom... and its was mostly forced short covering that took us this high. We are now drifting sideways... hoping for some news to give us the direction. As...

SL got hit... I would normally SAR at pivot that gave us our LOD..i.e. 3623+filter = 3625... SL would be LOD... add at 10 LLV But I got tickets for SIMBA for evening show... so will call it a day....

took my exit for the add at 3591... Now the trade at hand is free... SAR at 3627..in converted to SL order...

Took the blind short add at 3607 SAR now at 3627...

Best of luck...!

We got SL hit @ 3625... re-entered at 3621... SL now at 3627

Bang on...

We got our first red candle... after HOD hit.... we are now short 50%... SL remains at 3625... We wont use the SL hit to go long.... simply because we can see the structure is short. We would rather wait for the next red candle to go short...if our SL gets taken.

Today is a good example on how our price on MCX behaves wrt WTI...when USD-INR shifts the whole range.... USD has jumped .. WTI price... remains flat... Our Price is showing bullishness...

Wealth Accumulation cannot be the objective of any happy life. I have friends who trade 2500-3000 qty in nifty and financially they are doing very well. But ask them to come to Europe for 40 days tour or a week long Goa trip, they dont have time. There was a time when i used to manage funds...

My work is what i enjoy. Its my own baby..my own business. Its a 450 sq ft cyber cafe that I had started that on 2002 and its still my passion. I employ 3 people. I spend 11 hours of my day there. Play counterstrike and pubg with kids who are my daughter's age...whole day. Help a lot of the...

We as traders play with probability of a pattern to repeat itself. The pattern here is the daily range. If the narrowest range in the last 7 days is 93 points... then we can expect it to move atleast 93 points whole day. We dont know which direction it will move. All we know is there is high...

Those who are trading few thousand contracts play for a 15-20% moves and will be the ones who provide the floor or roof to our trading charts. What we call resistance...is basically some big sellers who wants to offload few thousand contracts at that given price... Their trading horizon is also...

there is no such thing as a stupid question... you are curious and you have doubts... Some days, if i have a winner at hand... i just track prices from my mobile and trail it with 36 bar high or low. I got stoploss hit at 3734... When price hit 36 bar low... that was my stoploss... when it got...

I think what you are saying is...we gap up and then drift down whole day... We will hit a few stoploss trying to go long...but we will take those hits with only 50%. We wont be able to add to trade unless we make higher high higher low... So hopefully we will find a reason to reverse and...

First entry was at 3703.. SL at 3697....which was the first green Haiken candle... Objective here is to be able to place our stoploss at LOD - filter. This reduces our risk per trade... if this trade would hit stoploss... we would get fresh LOD... we would wait for the next green candle to go...