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

3 comments:

  1. 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. Where was the initial stop for the FTC entry?

    ReplyDelete
  3. @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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