Hi STWhere would be the long entry for the TST trade, if at all??ThanksTBP
TBPMost of the time you may not get correct entry patterns for TSTWe have to take blind touch trades. That is why I am not encouraging such tradesNever attempt CT TST entries. ST
Sir, Didn't u think of scratching the trade as it was not showing strength after entry and fell back inside bo zone ?True, it was a gap up opening, but first three candles were bearish and gave a feeling that it might just fill the gap.
Price has broken out of a range after 2 days of range move. So thought it will trend. On such situations no other way but to pre accept the risk and sit tightST
ST Sir,I also took this trade, as IRH BO.. but exited as NF back into range.. idle SL should be LOD (7703) or BRN.. which makes SL big, 15 points.. hence i scratched the trade.Curious to know ur SL for this trade..
Hi STtook a long at the end over rn as TRAP please commentthanks n rgdsKishore
Usually TRAP entry is taken on the break of extreme. It took more than half an hour for the price to travel that distanceThere was no momentum at allST
Sir, first candle looks different in my charts.my trades todayhttp://dpintratrading.blogspot.in/2014/07/02072014.htmlVKM
VKMGood trades. You have taken the reliable signalsST
Hi ST,Are you trading on Zerodha? Do you face frequent hangs and freeze?
No. Mainly the problem is with the latest version, it seemsI have not updated since longST
which broker do u use?
I have accounts with Zerodha, TSO, Karvy, JRG and ICICI DirectFor day trading i use Zerodha and TSO. For long term portfolio ICICI Others are dormant ST
Not sure if you got my comments earlier.. sending it againST,I took 2 trades today. First trade was BPB of IRH. I wanted to avoid the direct BO of IRH (terminal opening high was 7719). I entered at 7722 (9:59 AM) and exited at 7728 (10:50 AM). My second trade was TST of IRH and entered at 7725 (11:25 AM) and exited this at 7747 (1:47 PM). I did not enter short at 7745 (2:00 PM) as at that time as I was expecting bounce back from 7740 levels. After that, I did not go long at 7748 (2:20 PM) after the market tested 7740 twice, as RN and the DH were nearby. Moreover, market was already very high and so expected BOF of day's high (at that time DH was 7755.80 - 1:38 PM candle).As usual, would appreciate your comment..... just want to make sure that my thought process development is right..... execution and trade management will become better with the screen time...
It was not the direct BO of IRH. It was the BPB of PDH/BRNSecond TST trade was a good trade. Do not attempt CT trades on trend daysMost of them will fail and trap youComment will not appear immediately. Will be visible only after approvalI had been to a Movie and just now came backST
Sorry about posting the comments again...Regarding TST, I took the trade as it was with the trend as I thought the bias for the day was long. But I will keep in mind to avoid taking TST for CT.Today, my morning was good but then overconfidence got me into taking unnecessary trades in channel move. Now waiting patiently to see how NF reacts at 7760 and 7740 levels...
Your trade was with the trend . LongI was just reminding you to stay with the trendST
HII ..ST sir ...i start my trading on CRUDE OIL ...if time permit plss visit and guide me http://chartindia.blogspot.in/thak you
Vishal Will do itST
Hi ST,I have started using the free Nifty spot chart from bazaartrend.com here's a screenshot if anyone is interested in using it http://i.imgur.com/n1U9qbC.png The live updates seem pretty good.
Hi ST,looks like BSE network outage has brought Nifty to a standstill forming a Barbed wire around 7750/PDC, am I correct?
Yes. Now the morning fall low is acting as a range lowST
how do u identify bias while on going?
Kindly go through all the important posts listed below the bloghttp://niftynirvana.blogspot.in/2013/06/trading-plan.htmlhttp://niftynirvana.blogspot.in/2013/08/score.htmlST
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