General Trading Chat

wisp

Well-Known Member
ST Da,

Please could you share some thoughts on how this move should have been traded in Nifty IDF 3 mins and how many trades were there. After morning's short, I was unable to confidently take any entry because it looked more like sideways and there were no proper pivots for entry. For e.g when price started coming down after 1.27, was there an entry below those congestion bars, somehow did not feel confident there because no pivots and even the sideways did not seem like a good place for entry. By the time 1.46 happened, it seemed to be in the middle of the sideways move from 12...would like to hear from you how to handle this in IDF. Would be of big help to learn from you how to analyze today's chart in live market.
 
Realty sector again leading the downfall. But unlike bank sector, there is no new short build up, it is falling because of long liquidation, as hinted by the reduction in the open interest. Whereas in the bank sector, we are seeing more addition of open interest to the down side.



Regards
 
hi friends, i hope every one did well today.
 

vijkris

Learner and Follower
hi friends, i hope every one did well today.

thanks bro. u gave a good demonstration of " trusting the rules/methods", by sitting SOH yesterday. :thumb:
 
thanks bro. u gave a good demonstration of " trusting the rules/methods", by sitting SOH yesterday. :thumb:
No SOH, i was having shorts.
 

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