Hi Guys,
Interesting day today for Intraday NIfty Future Traders !!!
Will post today's trades :
1. Bought 1 lot MNF at 5414. Saw the Stoch going up and bought it at around 12.30. I was correct, it made a high of around 5420, but then started to decline. EMA3 very quickly going down, so decided to exit at 5411. (loss of 3 points)
2. Quickly realised that NF is going down very fast, Sold 2 MNF at 5403 at around 12.50. Was very happy to see Red Candles
Then as it came around 5391 started TSL so that I end up in some profit atleast anytime. But unfortunately I had to quit at 5387.
3. But then ST's theory, I could see Stoch oversold for more than 5 bars, so no long - only short
... Quickly shorted two more MNF at around 5388 and then again waited ... It almost went to 5355 but then again TSL (my fear
) , I kept a stop loss of 5359 and it hit ... But this time I was spot on ... It never went back to 5359 ...
4. Next, I saw stoch coming out of OS zone and EMA3 crossing EMA13, and again bought one lot at 5370 ... It went till 5388 but I came out at 5381 ...
So all in all a great day of my MNF career (The best so far
) ... Had a gain of around 84 points ...
Any advice by any seniors including TP, ST, etc... is most welcome ...
Tx
Ajit