General Trading Chat

vijkris

Learner and Follower
I am more junior than you Sirji, and any view is welcome :)

Trade 2 was based on MACD and structure break to the upside, my SL was just taken and price moved up, so Trade 3 was more or less a continuation of Trade 2.

Trade 4 is also based on structure. Price had broken the congestion around 7043, but retraced to take away my TSL. Trend was still up, so was looking for a low risk entry, which was again provided at the structure's congestion line around 7043. Price usually retraces upto 38.2% to 50% in a move, and I usually re-enter at these points if TSL (which is not based on structure highs and lows, like in this case it was BE of addition) gets hit. Price not breaking 38.2% retracement of the move in first 2 bars also gave me a buy signal. SL was below 50% retracement (around 7034) for this long entry (at 7044). This was an aggressive trade though.
sirji, is reserved for few ppl here and I m not among them.
we all r friends..
thanks for reposting the chart.
it looks like u r following ur system properly.
if ur system says long and if trade results in loss, don't mind. main thing is following the rules.
keep it up.
:clapping:
 

333

Active Member
sirji, is reserved for few ppl here and I m not among them.
we all r friends..
thanks for reposting the chart.
it looks like u r following ur system properly.
if ur system says long and if trade results in loss, don't mind. main thing is following the rules.
keep it up.
:clapping:
:clapping::clapping::clapping::
 
Rally ka chance dikh hi nahin rahaa abhi tak Baba Ji khud confuse hain isliye samadhi lagaa ke baith gaye:D:D:D
Jai Ram Ji KI
Markets will fall till fii will
Keep on selling, if crude rises india fiscal deficit would go high so markets would fall, if crude falls sovereign funds would withdraw money so markets would fall, if fii sells markets would fall, if rupee depreciates markets would fall, if foreign markets fall Indian markets would fall and if currency war takes places mArkets would fall, if budget is bad markets would fall, if long term capital gains benefit us withdrawn then markets would fall:D:D
6666 de de baba
Ghabrao nahi bhaiya .intejar karo 5800 milega.
 

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