General Trading Chat

[singsanjay09]

That was break of a minor pivot low with in the opening range, we should enter at break of VPL.

Gap dn open below VPL, mpl is enough to short.

 

[vivektrader]

Gap dn open below VPL, mpl is enough to short.

That was the first trade below first bar.

 

[copypasteaee]

hi friends, i hope you had a wonderful day.

 

[singsanjay09]

hi friends, i hope you had a wonderful day.

Sir,am a crude trader trading only crude intraday,made only 20 point till now not good day for me.

 

[praveen taneja]

PSB NPAs & Stressed Assets as % of advances stood at horrific 4.45%&10% in March2014 itself;NPAs dont grow overnight;Modi Govt not to be blamed
7LakhCrore of stressed assets that Indian Banks are grappling with today,is the worst legacy of Congress;CAG audit nails .
Will Congress tell us why NPAs of PSBs went up from 59,972Crs to 240,249Crs between March 2010 & March 2014?4x rise in 4yrs!
ModiGovt will infuse 70000Crs into PSBs between 2015-2019 & bring down govt stake,to help starved Banks,raise capital
Between2008-12,under Chidambaram&PranabMukherjee as FM, PSUBanks were forced to give loan waivers of 60000+Crs,eroding the crux of Banking
NC has-beens like .digvijay blame ModiGovt for NPAs,forgetting, ModiGovt is actually cleaning the mess left by Chidambaram!

 

[HEM]

Hem bro
Same trade & same entry but exit near 7240 as it was support..7233 was low of 20january
then SOH as you said.
then 2nd trade 5 min candel 12:15 low break at 7246..& exit near 7200..is this trade match with your trade

Dear niftytaurus,

Yes you are right that there was strong support of 20 jan but still your exit at 7240 was not correct and immature...... give some room/space to the price before taking any decision of entry/exit that actually what Price want to do.

Yes your second trade was correct with favourable R/R but this trade ( short below 7246 ) was little bit aggressive because still not confirm ( on 30 min TF ) that actually price want to go down....... but below lod 7231 ( 5/15/30/60 min pivot amalgamation) there was confirm signal for short......... yes profit taking was correct at 7200 ( round number and strong support)..... if you are trading multiple lots then here you can book partial profit and rest book above 5 min 2:00 candle high.



HEM

 

[copypasteaee]

Sir,am a crude trader trading only crude intraday,made only 20 point till now not good day for me.

lean periods are part and parcel of trading. conserve capital for trending period.

 

[vivektrader]

Dear niftytaurus,

Yes you are right that there was strong support of 20 jan but still your exit at 7240 was not correct and immature...... give some room/space to the price before taking any decision of entry/exit that actually what Price want to do.

Yes your second trade was correct with favourable R/R but this trade ( short below 7246 ) was little bit aggressive because still not confirm ( on 30 min TF ) that actually price want to go down....... but below lod 7231 ( 5/15/30/60 min pivot amalgamation) there was confirm signal for short......... yes profit taking was correct at 7200 ( round number and strong support)..... if you are trading multiple lots then here you can book partial profit and rest book above 5 min 2:00 candle high.



HEM

Sir, according to you where should the first trade been covered.?

 

[HEM]

Sir, according to you where should the first trade been covered.?

Full exit above 7255 ( above 3 min 10:48 / 5 min 10:50 / 15 min 11:00 ) ph high....... but before full exit, there was chance for partial profit booking because price went till 7231 .



HEM

 

[niftytaurus]

Why not entry at12.15 candle ..it was break of pivot low ??

Your entry is limit order or market order??

But why should I enter on 12:15 candel.I dont enter on every break of pivot low.
Nifty was making range..& 12:15 low was minor pivot..
so we should enter on VPL break ..
Market order