General Trading Chat

[iwillwin]

BN premium of over 60 points now...

 

[manish9300]

hourly chart

if no day high BO ,7435 is next (previous hours virgin Poc).

 

[traderniftybank]

NF for 7505 - 7515
BNF for 15400

caution at 15250 and 7450

 

[Smart_trade]

wouldn't that risk an exit in a possible flag? at higher high or virtual high not needed to move SL?

Better to exit and look for re-entry after the flag gets complete than wait for the flag and the downmove starts.From the bottom market came up in 3 waves so it did not look like a flag...also we had a gap down and chances of downmove starting was very real.Also the length of the correction was too long for flag ( though that was not known at the time of taking the stop...

In day trading we dont insist of higher highs or virtual high to be in place for a PL trade.

Smart_trade

 

[timepass]

Looks like someone had a lot of fun in Rcom futures

 

[Shikamaru]

No clear trend, Market is consolidation on recent support zone...
Long patience required

Order are diluting in this Supply zone.... Consolidating right.... May break will happen

 

[manish9300]

Flag end BOF given 100 pts in 3 trades from previous 2 days jai ho baba nifty...

people are talking about khoon

Lots of ppl still trading counter trend thats y khoon .Trend Trading Rules.:thumb:

 

[manish9300]

Yesterday countertrend trade was okey coz we had a target VPOC below us.Today no counter trend trade should be taken as Vpoc was above us.Now if still some1 is wants to trade countertrend ,safer trade is with stop loss above 7500 and target hourly Vpoc.

I have stopped trading counter trend since i learn Visual pivot method.

 

[TraderRavi]

7500 NF thok diya

 

[timepass]

Oye.. NF at a premium now !!