Tuesday, 7 February 2017

Nifty Future 07022017


Ahead of the event tomorrow, expected it to remain rangebound which it did in the form of barbwire.
Avoided trading within the barbwire.  It broke out of the barbwire towards the fag end without giving a setup to short.  Showed courage and placed an order to buy 8700CE at 119.5 on gap fill but it reversed from 120.50, making me scratch my head.  No trades.

10 comments:

  1. Thanks a lot for posting tour trades..

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  2. Uday - It would have been an excellent trade if it clicked.!


    How do you import RT data to Amibroker - Any particular data provider?

    regards

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    Replies
    1. Raghu

      I fetch the RT data from NOW which is provided by the broker. Here is the link on the video that I posted in the past regarding fetching the RT data from NEST or NOW.

      https://charttechnicals.blogspot.in/2016/01/free-live-amibroker.html

      Hope it helps.

      URD

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  3. sir technically nifty is looking over bought

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    Replies
    1. Anoop

      Why does it matter to us a intraday trader? Let it be overbought or oversold. Prices will always give us enough clues to trade during the day.

      URD

      Delete
  4. Day before PdH stopped the down move and given nice bof from prolonged range. I am paper trade for long time for me that setup juicy and picked 16 points but thats on my trade plan. Do you consider my trade valid

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    Replies
    1. Arun

      Yes, it was a good setup per the system. Good to learn that you could spot it and paper trade it. Keep it up and keep asking whatever your doubt is. I am always here.

      URD

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  5. Hey Uday, nice to see your intraday updates on Twitter !!
    Great service, keep it up!
    Thanks,
    Sunil

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  6. Dave sir. I am getting 100+ points consistently last 6 months in paper trade. I did terrible mistakes on trade management especially exit but now i feel confident on trade management. I love to trade real time. But am doubt the same result can be produced on real time. Because i lost my job and more money initially. Please guide me also i have less capital. paper trading work?

    ReplyDelete