iCharts Discussions

[tnandkumar]

thanks umesh,for updating with time

[amitvjog]

[nakum]

nifty future shorted @ 4736 made low 4701 +35 point

as per the strategy PSL 4726

[nakum]

nifty made low 4693 +43 point

PSL @ 4720

[tnandkumar]

nifty bought @ 4719,pls guide me if i am wrong

[nakum]

PSL trigger @ 4720 net +16 point

signal reverse bought @ 4716 @ 12.54

[forexmoney]

hi nakum,pls tell me onthing how u calculate psl fr every trade,for example now it is buy at 4715,sl wat is the psl fr this buy call?

[nakum]

Dear Forex

as per the strategy

SL 25 point of your entry and trail them if nifty go positive side 25 point then SL at par and trail 25 point difference of high/low

foe this example

bought @ 4715 so SL 25 point @ 4690

when nifty made high 4740 then sl at par ( 4715 )

when nifty made high 4750 then PSL ( profit stop loss ) 4750-25= 4725

[DEWGH]

Hi Nakum,

Your PSL idea worked today. 50 pts tx.

[nakum]

nifty future bought @ 4716 made high 4780 +64 point

our tgt 50 point so sold @ 4766 +50 point

[nakum]

today's trade

1st trade sold @ 4736 bought @ 4720 net +16 point

2nd trade bought @ 4716 sold @ 4766 net +50 point

today's total profit +66 point in 2 trade

[DEWGH]

Hi Nakum but missed another 50

[nakum]

[nakum]

[smsmss]

awesome nakum great going.....best part is you stick to your strategy no matter where market goes.... do this for another six months and then it will be like flowing in your blood.