Tuesday, 12 February 2013

12 feb Live :

9:37 AM 

SHORT MCDOWELLS Chu&&yon

CMP : 1930
SL 1940

10:03 AM

My friend taught me to write in hindi 
फक़ ऊ 

Haha

10:26 AM

MC Dowel below 1900
It has took several years of hard work and painful experience to talk like genius giving you 30 point slide in 20 minutes with 10 point SL.

10 : 41 AM :

Trading Nifty is equivalent to licking your elbow. If you can , you can mint money today.
Else no use. We are taking no decisive direction. Its all a time waste index ticks . Let the IIP come  or Sky falls , stand still index.


1:19 PM :

" Market finds out what's your weakness , it hits you right there , if you are greedy it will seduce you , if you are frightful , it will frighten you . Whatever your problem is , Market will find it  , Trading requires a very high degree of psychological maturity , its a difficult game , but to me its the most interesting and fascinating game in the World "
                                             -Alexander Elder


SS

4 comments:

  1. I know i am too late to ask this ques.
    Still if you find it possible to answer.
    Same question what made you pull the trigger for McDo. checked in 2,5,30 charts other than macd crossovers.

    ZXC

    ReplyDelete
  2. Intraday trading is not solely based on intraday charts. We have to keep in background of our mind daily and weekly charts as well.
    Markets exists in Multiple Time Frames.

    Other Aspect : Nifty was falling and falling and Mcd was holding at 1870 , Nifty kept on making new lows but Mcd was not giving it up , which made it more easy eventually people shorting in Mcd will give it up and dump all their shorts pushing the price higher. Mcd has a awesome charts to longs in daily and weekly.

    ReplyDelete
  3. i would not say a bit BUT very very confused..
    ur point says long Mcd!!!
    but what made u short is my doubt...

    ZXC

    ReplyDelete
  4. Oh god , I assumed you must be asking in a day or day before post...where I was Long in McD
    Just found you had commented in a old post.......
    Dont remember Man , its a week now for this trade , I must have seen something in live charts.


    Request u to always comment in the latest post and ask things about previous post . I usually miss comments posted in previous posts.

    And please it takes 1 min , zxc , please get an id.

    ReplyDelete