re: Day trading Nifty & Banknifty Futures
Yes I was talking with todays downmove in mind. In upmove, it is whether it makes a lower high or not is to be seen.
Just see todays 2:10 and 2:25 bars and the feeble 1-2 bars upmove we had...that movement shows that the market has yet more downmove left...can you make that out from those bars and the subsequent bars ??
ST
Hi St da,
I guess the bounce from low is the exit strategy for short trade. Am i right in this assumption ?? And for long it would be fall from high.
Should we keep that candle's high as TSL for exiting from shorts if it is rising from low and closing on the candle' s high ?? Or we should exit at the close itself ??
Regards
Taiki
I guess the bounce from low is the exit strategy for short trade. Am i right in this assumption ?? And for long it would be fall from high.
Should we keep that candle's high as TSL for exiting from shorts if it is rising from low and closing on the candle' s high ?? Or we should exit at the close itself ??
Regards
Taiki
Just see todays 2:10 and 2:25 bars and the feeble 1-2 bars upmove we had...that movement shows that the market has yet more downmove left...can you make that out from those bars and the subsequent bars ??
ST