Swing Trading Nifty Futures

[Happy_Singh]

Happy, I take breakout trades, don't wait for closure of the bar above SAR. I use below filters to avoid false ticks:
Long/Short - 20
Add - 10
Gap filter - 30 (If market opens outside SAR, Reversal is opening bar high/low +/- gap filter).

Thanks

Had one more question

From what documentation i have read about these methods, besides the gaps scenarios,
there are also some rules where reversals due to Failure/Rejections can be traded . . .
using the Highest/Lowest Close/Open lines . . .

Do you also use these rules for your trading or only stick with Swing Pivot and Gaps scenarios.

Again not really wanting to ask for detailing the method, etc.
just wanted to know if you trying to use all the complex scenarios or depend only on the basic trend definitions



Thanks


Happy

 

[sekharjchandra]

BNF30 Trades - 28th Nov'13:

*took early exit below rejection bar. will get into flow in Dec series from tomorrow.
Closed trade: Long@10959.. Exit@10975. P/L: +11

 

[sekharjchandra]

Thanks

Had one more question

From what documentation i have read about these methods, besides the gaps scenarios,
there are also some rules where reversals due to Failure/Rejections can be traded . . .
using the Highest/Lowest Close/Open lines . . .

Do you also use these rules for your trading or only stick with Swing Pivot and Gaps scenarios.

Again not really wanting to ask for detailing the method, etc.
just wanted to know if you trying to use all the complex scenarios or depend only on the basic trend definitions



Thanks


Happy

Happy, I trade all the scenario as per my understanding. Do monitor trades being posted here.. All scenarios should get covered by 2 or 3 months..

 

[sekharjchandra]

BNF30 Trades - 29th Nov'13

 

[sekharjchandra]

BNF30 Trades - 2nd Dec'13

*ERL - Early Reversal line - Drawn from body high of bearish bar in UT (from body low of bullish bar in DT). If any bar closes below ERL, that bar low can be used as SAR.

 

[sekharjchandra]

BNF30 Trades - 3rd Dec'13:

BNF trading in narrow range channel.. Closed above ERL during EOD.. chances are there for market to open with gap up tomorrow..

 

[sekharjchandra]

Shorts triggered in BNF@11230 (11250 - f)..

 

[RAAMAKANT]

Sale Triggered in BNF.
Positional Short taken at 11250 with Initial S/L 50 Points.

 

[RAAMAKANT]

Sale Triggered in BNF.
Positional Short taken at 11250 with Initial S/L 50 Points.

S/L Hit.........

 

[sekharjchandra]

BNF30 Trades - 4th Dec'13

*Confusion araised during EOD whether to hold shorts or exit or take longs as price closed very near to ERL level.. Held Shorts..

Closed Trade: Longs@11146, Adds@11275,11302.. Exit@11230.. P/L: +15.5