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SwingTrader · Posted: Sun May 24, 2009 10:43 pm Post subject: Trading Levels for 25.05.2009

Trading Levels for 25.05.2009

SwingTrader · Posted: Mon May 25, 2009 4:41 pm Post subject: Followup

Today's NF 5-min chart with relevant levels and probable trades marked

Explanation for probable trades:

1. Regular long trade. Price had earlier closed below bear level followed by two closes above bear level triggering the long trade.

1.1 Alternative strategy long trade on a close above the most recent swing high.

2 Both regular short and alternative strategy short triggered just below LOC. Alternative strategy short was one bar before the regular short.

3. Regular long trade. Price had earlier closed below the bear level followed by two closes above bear level triggering the long trade.

There was another long trade (alternative strategy) after that too (not marked 3.1).

NOTE: Few trades marked are for your info only. Once a trade is taken (whichever is the first one) other trades in the same direction may not be taken.

san77s · White Belt Joined: 13 Jan 2009 Posts: 41

ST Sir,
Today also you skip the first short trade ?
After the day open, next two candle closed bellow LOC, so why we are not initiate short at 4241 ?
Friday also you skip the first one.. any reason sir?

Regards,
S.Saravanan.

SwingTrader · Posted: Mon May 25, 2009 11:36 pm Post subject: