Thursday, 7 February 2013

Why BEARS have an edge ?


NIFTY :

Yesterday was a typical gap filling day.
Neither bull took it nor bears.

A useless day ?
No Sir , look at the volumes picking up. And that is why I am getting bear .

SHORT is for me currently with SL 5987.
 I intend to short each rise . Cant ditch MACD.

Stop Losses should be brutally followed as its one of those risky trades where you bet on breaking of a very long term channel . This is amateur yet the way factors visible to me , shorting looks a better option.



The trade discussed above is high risk , skilled trader game.
Please don't attempt if you have handful of money .

Save it , add each penny and keep it for the bigger game. When the prices would break the channel go down    and make a re-entry to the channel , make sure you visit the blog beforehand .
I will make sure , I make it your best trade of 2013.



1: 36 pm :



1:47 pm :

Kangaroo tail again in 2 min .

Closing 50  percent of my shorts and rest SL @ Cost

2:27 pm

The rise is engulfed in inverted W shape pattern .
Abuse me tonight if we dont close near a NEW LOW.

SS



11 comments:

  1. No trade or no post :)

    ZXC

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  2. I am playing big....I modify orders like a beast....not possible to print it in a trackable form.......I am SHORT by the way

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  3. more imp is what the trigger was for short...short from start not possible!!

    ZXC

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  4. SHORTED @ 5970 ( The plan was to short at rise as written in the post)............I stay in US and Idont fuck around being awake at night and updating blog with trading......I am damn serious what I write, what I post.

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  5. OMG..dint mean to offend you!! continue buddy..was just asking for any intraday pattern which you usually post..
    If you are serious and experienced good for you..but if you do not want to reply better donot..

    ZXC

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  6. Open 2 min intraday chart , At today high ,
    There is Kanagroo tail (Reversal )...........Just see the top 3 candlesticks of todays 2 min Nifty chart......the 3 candle set up is called Kangaroo tail and it Marks reversal of the trend..........I wanted to catch at top but finally got hold at 8 points down 5970......Better Late than never !

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  7. I remember u were saying with good money management bunglow in Bandra band stand is possible with just trading ( I like that !DEA) and today I came to know u operate this blog from the US.
    anyways ur today's ca;; on nifty was fantastic.

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  8. today's trading call*

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  9. It takes 18 hours from US to back to India.......I am Indian bhai.........currently I am in US......and give me a villa in Vegas or a hut at banstand..........I will chose the latter , ANYTIME :)

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  10. why hut in band stand? choose villa in the vegas

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  11. Things "by choice" has no logic.........why , why not etc.......the answer is just by choice...

    ReplyDelete