General Trading Chat

[Smart_trade]

Lupin in rocket mode.

ST

 

[wisp]

Nifty has moved 154 points up so far today, but many entries and exits I think on the 3 min. Wondering whats the best way to trade a slow uptrend day like today?

 

[amitrandive]

Nifty has moved 154 points up so far today, but many entries and exits I think on the 3 min. Wondering whats the best way to trade a slow uptrend day like today?

Yes, pullbacks after entries are viscous , sometimes hitting stops and going below that giving a false indication of downtrend.

 

[rahulmalik]

Nifty has moved 154 points up so far today, but many entries and exits I think on the 3 min. Wondering whats the best way to trade a slow uptrend day like today?

By the time we realise what kind of trading day it is, - its almost over. So I personally believe, we should stick to the trading system which has been tested, tried and proven by our own selves. Or else, by the time we switch to alternative trading system, we would see market has changed the setup completely.

 

[Riskyman]

for me winner of the day is 7800 CE clearly, was eyeing this in the morning but .......

For me the only winner is can bank. I went short at 269. Got stopped at 270.50. Then reversed and went long at 274 although my system gave a buy at 272. Trading at 282 now. Will exit by eod.

 

[Riskyman]

By the time we realise what kind of trading day it is, - its almost over. So I personally believe, we should stick to the trading system which has been tested, tried and proven by our own selves. Or else, by the time we switch to alternative trading system, we would see market has changed the setup completely.

Very true. Im going algo soon. No more nautanki with emotions.

 

[Smart_trade]

Nifty has moved 154 points up so far today, but many entries and exits I think on the 3 min. Wondering whats the best way to trade a slow uptrend day like today?

I can see only 1 MPL break and that was a signal to book profits from long trade not to go short.....the NF also gave MPH buy much earlier and there were re-entry in long trade a few times and no mpl is broken...so many entries and exits I am not seeing even on 3 min charts.All short trades taken today are on anticipation and wishful thinking that downtrend will resume.Chart did not give any single loser trade...check it out.

Smart_trade

 

[nifty trade]

I can see only 1 MPL break and that was a signal to book profits from long trade not to go short.....the NF also gave MPH buy much earlier and there were re-entry in long trade a few times and no mpl is broken...so many entries and exits I am not seeing even on 3 min charts.All short trades taken today are on anticipation and wishful thinking that downtrend will resume.Chart did not give any single loser trade...check it out.

Smart_trade

but there are 2 mpl breaks Sir .

i hope my markings are right

can you please share your view when trend for today was clearly up?

 

[amandeep86]

Super quick scalp
Entry @ 127, exit @ 134.55,
Just a 3 minute trade.

Amit bhai...Superb scalping ,Trading 5TF or 1 TF ?...:clapping:

 

[XRAY27]

NF straight opened into demand area after that 7790 and 7765 area some pause then straight move hit tsl @ 12.30 there after reentry...stopped out @ 2.20 ..sure shot there is no way to short as the trend turned to north !!!

Not repeated yesterday blunders