Wednesday, August 21, 2013

20130821

Nifty gaped above PDH .FTC above the IR MC gave a short signal. My target was PDH. Ended as a type one trend day respecting all the pivots and flips
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3 comments:

  1. videvAugust 22, 2013 at 12:15 AM

    Hi ST,

    Where do you keep SL for such FTC trade? Above the IRH, middle of IR, or fixed number of points?

    thanks,
    vivek

    ReplyDelete
  2. adhi narayananAugust 22, 2013 at 7:44 AM

    Where was the initial stop for the FTC entry?

    ReplyDelete
  3. SMART TraderAugust 22, 2013 at 9:33 PM

    @Vivdev
    @Adhi
    The right logical stop is always beyond the extreme. If it is too much risk, I look for some formation like a minor swing point or a MC extreme etc

    ST

    ReplyDelete

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