8 December 2017



Was not trading live today. Nifty gapped up and kept on moving up. One opportunity would have been at the top of the first bar as BPB. Other entry would have been BOF of the range low, with a target of range high. 



Comments

Post a Comment

Popular posts from this blog

14th December

Image
Went short at BOF of PDC (it was a 2 nd attempt) at 10218 ant TP at previous low 10206. Break out failure of the range low and LOD gave opportunity to go long at 10180, TP at 10195. Another BOF long at 10214, TP at 10224. Went long above the day open and 10250 as BPB at 10262, TP at 10290. Trade 1: 12 points Trade 2: 15 points Trade 3: 10 points Trade 4: 28 points Profit: 65-7(brokerage)= 58 points = Rs. 4350 Start Up capital- Rs. 75,000 Margin for 1 lot: ~61000 Total Capital- Rs. 84,075
Read more

Core Concepts of Trading Strategy

The core concepts of this trading strategy is developed from the decision points based trading strategy suggested by NIFTY NIRVANA (www.niftynirvana.blogspot.com). I am highly obliged to Smart Trader for introducing me to this strategy and hand holding for so many years. Hope to reach his level of trading soon. The core concepts can be studied from the e-book available here
Read more