Day Trading Futures

[jamit_05]

St-da, your views required.

 

[starscream]

Hello Friends,



Please advice which is the best entry candle with appropriate SL ,Candles are marked as 1-10 for reference.Consider line to be a good support and entry is for Buy.

Very little data to analyse .. But just looking would buy at 9 .. As it's a retest candle of breakdown failure ..

 

[vishal7176]

@ amandeep

the candle betn 8 and 9 th red candle , when price close above the red candle then u take position , i think its Pullback buy .

may be i am wrong . but its my opinion

 

[sudoku1]

Hello Friends,

Please advice which is the best entry candle with appropriate SL ,Candles are marked as 1-10 for reference.Consider line to be a good support and entry is for Buy.

i wud go fr 8. D reason is it has closd abv d botom of candle 1 wch was tested by candles btwn 4 n 5 as res area.waiting fr candle 9 is like waiting fr a Mumbai local train wid a cmfrtable standing space during rush hour wher 1 may mis an oportunity ariv

 

[traderking22]

hi, i am new to trader ji, My name is Manoj

 

[amandeep86]

Very little data to analyse .. But just looking would buy at 9 .. As it's a retest candle of breakdown failure ..

Where to Place SL and Exit ??

 

[amandeep86]

i wud go fr 8. D reason is it has closd abv d botom of candle 1 wch was tested by candles btwn 4 n 5 as res area.waiting fr candle 9 is like waiting fr a Mumbai local train wid a cmfrtable standing space during rush hour wher 1 may mis an oportunity ariv

Thanks sir for reply ,Where will you place your SL ?? and TSL ??

 

[starscream]

Where to Place SL and Exit ??

Sl 18
Entry 24
Exit 32 area as it nears bar highs..

 

[dell]

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[starscream]

i wud go fr 8. D reason is it has closd abv d botom of candle 1 wch was tested by candles btwn 4 n 5 as res area.waiting fr candle 9 is like waiting fr a Mumbai local train wid a cmfrtable standing space during rush hour wher 1 may mis an oportunity ariv

would avoid 8.. As it could be a fakey.. Trend seems down .. And entry on 8 would mean poor risk reward ..
Just my view..