General Trading Chat

wisp

Well-Known Member
It would have triggered the end of drifting down correction and upmove to resume. It did not give good reversal yesterday...is it reversing today ? The stops in such a case is a pivot low or the bar 0 low.

ST
Thank you Da.
 

wisp

Well-Known Member
Da, positional long in Nifty after yesterdays flaggish sideways breakout failed, should we still hold?
 
Da, positional long in Nifty after yesterdays flaggish sideways breakout failed, should we still hold?
We are still in uptrend as the trend has not changed yet....so we have to be long...so look for opportunity to go long. This is as far as swing is concerned.

Day trading is different. Here we are in a short term downtrend.

Smart_trade
 

vivektrader

In persuit of financial independence.
It would have triggered the end of drifting down correction and upmove to resume. It did not give good reversal yesterday...is it reversing today ? The stops in such a case is a pivot low or the bar 0 low.

ST
Sir, please have a look at #43290, is the setup correct?, though it did hit SL yesterday, but today it opened gap up.
 

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