Nifty Futures Intraday Trading Report June 21, 2011


These are the days filled with high volatility and blessed are those who are able to walk home with profits. During any particular point of time, you will find the value of the contract wandering meaninglessly throughout the entire market’s trading frame. The situation seems to be widespread because I see the similar characteristics on the eurusd pair too. For apparently no reason, the pair will start flying to higher levels. It has been days since I have seen some profits in that market.

On this day, I tried to stay with the trend only to see my stop losses getting hit on either sides. Too many entry and exit points throughout the day led me to exit the market with nominal losses + hefty brokerage charges for every transaction committed.

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One Response to Nifty Futures Intraday Trading Report June 21, 2011

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