Nifty gaped up above PDH. A trend gap. Failed to break the highest high. Formed the initial range and made a cigarette pattern. Did not attempt to trade breakout as PDH and BRN were present as LOL. Went long on BOF of IRL/PDH. Scratched it later.
hi sir I have trading mini nifty futures using price action...I have analysed most of my losing trades have been counter trend trades...When you started trading using this system was it the same with you...And how long did it take you to become a consistently profitable trader...?
No doubt CT trades are more risky. Still most of my losers are CT trades.Better stay away from it at least during the initial period
Still I Am not a "Consistently profitable Trader" who can trade for a living,but a "Breakeven" trader who can survive in the market long enough to learn. My trading is evolving and I am improving slowly and steadily
hi sir
ReplyDeleteI have trading mini nifty futures using price action...I have analysed most of my losing trades have been counter trend trades...When you started trading using this system was it the same with you...And how long did it take you to become a consistently profitable trader...?
Akshay
ReplyDeleteNo doubt CT trades are more risky. Still most of my losers are CT trades.Better stay away from it at least during the initial period
Still I Am not a "Consistently profitable Trader" who can trade for a living,but a "Breakeven" trader who can survive in the market long enough to learn.
My trading is evolving and I am improving slowly and steadily
ST