General Trading Chat

pratapvb

Well-Known Member
5ama and 15ama aligned at lows now ...let see though we have 2dayvwap at 7492
live example of alignment trade given... hope now clear

+1SD2 at 7527 ...so some profit taken off there
 
ST da,

How to keep balance between, not booking full without pivot after such sharp fall and v shape recovery we have from 12 today ?As trailing with two bar after such fall we will be stopped out and then again move can resume. What other parameter to consider for proper trailing?
Look for pivot low/high breakdown/breakout failures for giving some clues.2 bars rule did not give any false signal today.

Smart_trade
 
Currently the market is consolidating between 7440-7550 ie 100 points range going to both extremes.....it will break on one direction. Let us see which way it breaks.

Smart_trade
Looks like upward bias again

IV's are flip flopping again - now in direction of long - 15% up for calls and 15% down for puts - while few hour back it was opposite
 

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