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T For Trading

  #1021 (permalink)
 vinod 
Chennai/TamilNadu/India
 
Posts: 21 since Dec 2014


devdas View Post
@vinod

Not mixing the methodology, just for observation. A potentially short setup could not pop-up properly. Though Chikou Span was in free zone but not of type (a) category - Absolute Free Zone. Even if it was considered for short,then comes the risk part. Risk could be in dollar tolerance as it is just 14 point but wait - its big on 1 minute chart at present location if we compare it with surrounding.


Dear devdas,

got ur views. understood .,always wait for right set up with potential risk reward.,BTW how can i get Nifty Data feed for NT? Right now i 'm doing on MCX Segments, but willing to track NIFTY too.(I'think need NSE Trade Terminal for extraction any alternate to do.?)

RPS. VINOD

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  #1022 (permalink)
 
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 devdas 
Al,India
 
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Well this day could have turned out as experimental loss day...but my original Long Bias made it. Long bias was not personal but from original 15 minute chart.
After first Long stop out, i got in mood to try Ichimoku on 1 minute. Took 3 losing trade , 2 short and 1 long. One thing i keep in check i should not have high risk. All 3 loosing ichi trades were of 5-6 point excluding comm. Finally what should look like as winner trade emerged and on my original Long bias. I could not enter on pullback to Tenken-Kijun as was away but priority was high at any cost.




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  #1023 (permalink)
 vinod 
Chennai/TamilNadu/India
 
Posts: 21 since Dec 2014



vinod View Post
Dear devdas,

got ur views. understood .,always wait for right set up with potential risk reward.,

RPS. VINOD

Dear devdas,

Thank you Very much for point out reg Chikou Span..I update My observation..Sorry to interrupt ur thread.





RPS. VINOD

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  #1024 (permalink)
 
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 devdas 
Al,India
 
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This MIRZ zone 8480 can be tough to crack, but bulls have shown that they are not out of game. Possibly a big ranging market in development on daily chart.





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  #1025 (permalink)
 
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 devdas 
Al,India
 
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Ichi leverage.

Though i could trade today my own way but felt like that i can handle it easily.
Left first short, scratched second long and third short running.
Day may be of limited potential after big day, so an experimental day to have more situation experience on Ichi.
It gives me pleasure of market decide itself what is right side. Cool.





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  #1026 (permalink)
 
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 devdas 
Al,India
 
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Damn cool, development let me decide the stop and kumo gives more leverage on developing stop locations.


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  #1027 (permalink)
 
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 devdas 
Al,India
 
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Now its free, wanted a dip to 8430...





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  #1028 (permalink)
 
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 devdas 
Al,India
 
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Switching, as market suggest.

But honestly understanding of background helped me to act like this.


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  #1029 (permalink)
 
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 devdas 
Al,India
 
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Now its free.
No more trade today.






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  #1030 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
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It is priority of context.... risk on ichi chart was high, but that's not the base. Its MIRZ Long.
Today i have limited time to trade perhaps its the only trade, exiting half and will be trailing rest.
small rectification done on highest MIRZ level to cope with development.





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