Backtesting and trading camarilla pivots

razx5

Active Member
today nifty futures l3 was 5996.40..v r still not long on it bcoz it jus made low of 5997.10..once it touches or penetrates below it and then bounces back to l2 v ul go long..so still no entry
v missed our long entry by 1 point..if nifty futures had made low of 5996 and then v would have gone long at 6003..now v u l short it once it touches h3 6029 and then goes below h26023..
 

razx5

Active Member
v missed our long entry by 1 point..if nifty futures had made low of 5996 and then v would have gone long at 6003..now v u l short it once it touches h3 6029 and then goes below h26023..
those who have entered long at l2 6003 must exit full at cost bcoz trailing stop ul trigger as niftyfutures had made high of 6023 h2..
 

razx5

Active Member
those who have entered long at l2 6003 must exit full at cost bcoz trailing stop ul trigger as niftyfutures had made high of 6023 h2..
boring day..no triggers yet..infact good v didnt get any entry..market is choppy..no trade after 2.45 as past 2 trading sessions trades after 3 has resulted in stoplosses
 

razx5

Active Member
our long call triggered at 6032..trgt is jus 6045.. book hlf here..stopoloss is h3 6023.. ..then rest half trail stoploss to h3 6023
v exit full at 6030 as market is showing severe resistance at h4 levels..6030 is the low formed after amking high of 6034.90 in mininifty..no more longs now..v ul short mininifty at below h3 levels at 6022-6023 lelvels..market in no mood for breakout or even breakdown..so no short below l4..v bk full at l3 lelvels of 6006
 

razx5

Active Member
v exit full at 6030 as market is showing severe resistance at h4 levels..6030 is the low formed after amking high of 6034.90 in mininifty..no more longs now..v ul short mininifty at below h3 levels at 6022-6023 lelvels..market in no mood for breakout or even breakdown..so no short below l4..v bk full at l3 lelvels of 6006
those who have followed strict stoploss of h36023 for our initial long position at 6032 would have sitiing in profit now..cmp is 6039..they can bk half at 6045 and trail next half to jus below h4 6028-6029
 

razx5

Active Member
those who have followed strict stoploss of h36023 for our initial long position at 6032 would have sitiing in profit now..cmp is 6039..they can bk half at 6045 and trail next half to jus below h4 6028-6029
book half at 6045..trail other hlf as mentioned above
 

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