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Nifty-- New set up |
Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #151 Posted: Tue Jan 01, 2013 12:49 pm Post subject: |
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TSL at 6008.90 now---
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #152 Posted: Tue Jan 01, 2013 1:32 pm Post subject: |
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nifty booked at 6009--- gain 55 points
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jyothil White Belt
Joined: 26 Feb 2009 Posts: 299
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Post: #153 Posted: Tue Jan 01, 2013 1:42 pm Post subject: |
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Thanks Sir
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #154 Posted: Tue Jan 01, 2013 6:13 pm Post subject: |
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For Tommorow
Any candle close below 5997--- go long with filter-- which may be 6020--6022
short is below 5972
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #155 Posted: Wed Jan 02, 2013 3:19 pm Post subject: |
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Go long at closing
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #156 Posted: Wed Jan 02, 2013 3:30 pm Post subject: |
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Nifty long at 6034
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jyothil White Belt
Joined: 26 Feb 2009 Posts: 299
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Post: #157 Posted: Wed Jan 02, 2013 4:07 pm Post subject: |
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Sir,
Pls Explain this closing strategy, last two candle closed below SMA 30 High
Jyothi
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #158 Posted: Wed Jan 02, 2013 7:28 pm Post subject: |
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As I said--- i am following contenieus charts--in which no candle closed below low--so its long
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jyothil White Belt
Joined: 26 Feb 2009 Posts: 299
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Post: #159 Posted: Thu Jan 03, 2013 9:24 am Post subject: |
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Thanks for your explain with chart
Jyothi
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nehanifty White Belt
Joined: 13 Dec 2012 Posts: 24
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Post: #160 Posted: Thu Jan 03, 2013 11:04 am Post subject: |
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Thank you Rahulji for showing us how to trade a very simple and powerful setup.
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #161 Posted: Thu Jan 03, 2013 11:21 am Post subject: |
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Long at 6034---stop loss now below 6014
short below 6014
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vijsingh White Belt
Joined: 10 Feb 2010 Posts: 6
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Post: #162 Posted: Thu Jan 03, 2013 12:43 pm Post subject: |
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Rahulsharmaat wrote: | Long at 6034---stop loss now below 6014
short below 6014 |
Hi Rahul, it's either the 28 points SL or At Cost or 25 TSL and so on...it only moved 19 points above 6034...
Didn't understand why hav u moved SL to 6014 ...cud u please clarify
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #163 Posted: Thu Jan 03, 2013 1:22 pm Post subject: |
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at 6014-- short will active--- so long stop loss there only
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #164 Posted: Thu Jan 03, 2013 1:23 pm Post subject: |
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now it is 6013
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #165 Posted: Thu Jan 03, 2013 1:36 pm Post subject: |
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As long was 6034-- high made 6058-- so stop loss comes to cost
But i dont think--people got chance for this
so better keep stop loss below 6025 now
and wait for set up
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