General Trading Chat

Smart Trade Sir, Market did close above 7485 and we have temporary top and sideways action followed. So what will happen from tomorrow? If the low today's 9th candle is taken out we will get steep down move?
According to Power of 9 the market makes a short term top on 9th or 10 th day and goes for sideways to down correction.Completion of this set up means the market has strength now.Two scenarios 1) market top is made and the downtrend resumes but today's market action does not indicate that.2) market after a correction will resume its uptrend and complete sell count down 13...but I don't see steep fall in the near future unless some international events trigger such a fall. This is the analysis part.Trading will be done on the trends and chart levels only and not on the hope of some expected market action.

Smart_trade
 

LoneWolf

Well-Known Member
Guys, Can some one post Silver Micro 5m chart from 5PM onwards.. Please its urgent and important
 

LoneWolf

Well-Known Member
Guys, Can some one post Silver Micro 5m chart from 5PM onwards.. Please its urgent and important
Guys, please confirm the below issue.

I went LONG on SILVER Micro at 37872, with a SL at 37820. After my entry is triggered, price fell to 37851 and then boomed to 38100. It has not come to 37820. Atleast my chart does not confirm so. But my SL is hit and my position is sold at 37820, where as chart does not show any tail coming to 37820..

Is this really possible ? Or Is it something fishy done by my broker ??
 

vijkris

Learner and Follower
Guys, please confirm the below issue.

I went LONG on SILVER Micro at 37872, with a SL at 37820. After my entry is triggered, price fell to 37851 and then boomed to 38100. It has not come to 37820. Atleast my chart does not confirm so. But my SL is hit and my position is sold at 37820, where as chart does not show any tail coming to 37820..

Is this really possible ? Or Is it something fishy done by my broker ??
bro, some ticks moves so fast that it is not registered in charts. zerodha replied to ankur's query abt the same, few weeks back.
 
Guys, please confirm the below issue.

I went LONG on SILVER Micro at 37872, with a SL at 37820. After my entry is triggered, price fell to 37851 and then boomed to 38100. It has not come to 37820. Atleast my chart does not confirm so. But my SL is hit and my position is sold at 37820, where as chart does not show any tail coming to 37820..

Is this really possible ? Or Is it something fishy done by my broker ??
Your broker cannot do anything fishy. Many a times all the ticks are not captured by charts so if you get a contract for the square off then the trade has been done. Your broker has no control in this matter.Silver is so volatile that a 30-40 points lower tick trade is possible.

ST
 

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