Well, all the MES are still there. I have rolled over the Nifty and added more Nifty shorts @11877.
I have taken off partial positions of MGC@1494. I am planning to add more shorts of MGC. But before that want the Fed rate cut dust to settle.
On Nifty, I have taken half of my position on Friday at 11540. Unfortunately I was not at my desk from Friday afternoon to trade, so didnt get a chance to take off my MES positions. Today, the plan is get rid of as many MES positions as I can.
In continuation of playing the Nifty range added short position in Nifty @ 11621 bringing up the short price to 11617.
I feel good about being able to move up the initial short position at 11580 to 11617 while still bringing some $ home.
To accomodate this, I have taken out a small MES @3004...
Also I have doubled my capital to hold the nifty positions. Going forward, the gain will be shown 50% of what it is current.
Almost running full positions on my capitals. So now, it will be all about managing the positions
Added Nifty Short position @11629.5 bringing up my cost price to 11613.3
Worst part is I entered that price while the bid was that 11632. Looks like broker is screwing me up here.
Also added MGC Short @1497 moving up slightly my cost price to 1496.
New Position
NIFTY@SGX - Short - 11600 (Edited from 11575 TO 11600 taking into account the added Short given in the next reply)
SL : Consistent 5 min Closes above 11640
Target: 2985
Basis of Trade: NIFTY tried to get above 11700 multiple times and it failed. Ideally would have wanted short...
New Position
MES - Short - 2997
SL : Consistent 5 min Closes above 3015
Target: 2985
Basis of Trade: ES is finding resistance in the zone of 3010-3015. Chances are it can test this area in which case I will add a few more. Otherwise this is a small position which I will take out around 2985...
Closed all MES at an average 2994.
Added new short MGC@1493. Will add a few more till about 1502, in case it gets there. Playing for the break of 1480.
Account: 112.3% of initial capital.