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T For Trading

  #821 (permalink)
 
devdas's Avatar
 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
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This was natural to expect for me and to throw some short for early advantage.
Sellers in control right from opening. I always amazed how new contract always obeys
valuation granted from previous contract prices



Harvest The Moon
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  #822 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
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Though in short term basis, sellers pushed down and hold the bulls, but i dont want to carry on more from here,
exited the short with moderate profit.



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  #823 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
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Opening is a bit unfavorable to buyers but they are in control so going with them with my stop being 6257.



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  #824 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Thats a quick move, offloaded some quantity and raised my stop for rest to 6268, and my trade is free now.



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  #825 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
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Exited completely...pretty quick....sellers will respond this.



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  #826 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

I am still shy to short this....buyers seems responding in similar way on two retrace candles...



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  #827 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Re-entering long...stop 6280. I feel it might make another attempt to go higher above 6300...thats a classic behavior with Nifty.


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  #828 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Stopped Out.



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  #829 (permalink)
 
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 devdas 
Al,India
 
Experience: Advanced
Platform: NinjaTrader
Broker: Z
Trading: NiftyFuture
Posts: 1,562 since Feb 2010
Thanks Given: 1,513
Thanks Received: 1,701

Thats structure has now changing and probably its heading for Value Area Play.
Took some positional short, stop being 6295 and target for this nearly comes as 6180.



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Thanked by:
  #830 (permalink)
 santoshv2k 
Delhi/India
 
Posts: 2 since Apr 2013


Thanks devdas for sharing your journal, I am reading one by one pages of it. As a nifty-fut trader, it's really beneficial for me.

Thanks,
san

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