12-08-2014
12-08-2014
Trading at lower range price today price was going to down but consolidate there ... but after higher
low making by price and Price TAPING TO DP , think it will cross PDL , now BULLISH BIAS
Trade 1:- BPB OF PDL
Buy 5980 With SL 5970 Scratch trade 5975
NET=-5 Point Loss
Trade 2:- BO
Short 5970 wITH SL 5975
EXIT 5964
NET=6 Point profit
TOTAL = 1 Point
Hallo,
ReplyDeleteWhy didn't think of short @ 5985 as FTC of IRH??
Why didn't think of BOF of RN..It bounced wel from 5945???
I am wrong?
Ath shree
ReplyDeleteBefore that i take long trade and my bias is positive , not expected trade, as per my expectation ...exit from trade and want to wait
... your trade location is right ...but where is SPACE for it , there is immediate below PDL .
I dont consider XX50 is RN for crude ,
but yes ..its BOF of days low , but i have allready short trade , and think that it will break decisively that level ...and wait for it ...and scratch that trade ..
i hope clear your dought , if not clarify plss ask , i will try it ,
thank you for visit and inspect my trades ..
thank you
Hi,
ReplyDeleteIf you think of space.....i think if SL is not big then we shoud trade every signal....
About RN.....I think in nifty its not because options were introduced @ 50 strike price.....but its a general psyche around that number.....so think over it.....
thanks....
Hii ,
ReplyDeleteActually i want to practice well , i focus only high probability set-up , want to sure for move ,
taking action slowly and steadily , one by one . want to stick my trade plan ,if i flirt with it then wont achieve my aim .
thank you for suggestion , will think over it
keep visiting
:)