General Trading Chat

Guys please review my trades for the day. Are trades taken correct? What would be the ideal trades for the day?


Trading real time is difficult .
Whatever i say now is only Hindsight analysis .
price open at previous day low / close . If market is mood with previous day trend then price was drag down PDL/PDC .
Price is above that , means trend is sideways till minor pivot high not break . till yet u understand mkt correctly and you act as per that with ur first trade.
price stall there and give nice pullback . price again break mph and you enter again there and exit as usual on pullback and price stall with nice pullback and move ....

there is mkt with trend and its UPTREND , you want to use pullback as a entry point for it. you get it nice trend trade on it .

after that you think to short and you not recognise trend , you forget about trend and act on short side .

thank you
 

Dax Devil

Well-Known Member
@Jainer
First long is a bad entry as there is no HL below for support. When it got made, you missed it. Which normally happens after getting your SL zapped. Second entry was ok but you were unlucky that a mile long double-edged bodyless candle turned up to take away SLs on both sides. These things happen, don't worry.
 

josh1

Well-Known Member
@jain.er
Individual scrips do have spikes on both sides like that and they take your SL. Nothing can be done about it.
It is much better to trade in Nifty. It has spikes only on budget or Raghu Ram Rajan days. Yes.. it is much more costly than individual scrips but much less susceptible to manipulations.
 
Major world markets (incl SGX) are in red
But NF/BNF charts indicating otherwise, I mean, indicating a gap up open tomorrow.
NF at/around 7900
BNF at/around 16950-70

Anyone with me or in my support :D
 
I won't willingly support the idea of gap up, but by god I have to! I have a long position pending you know... :lol:
Ha ha
Willingly or unwillingly, doesnt matter :lol:
 

XRAY27

Well-Known Member
Yeah, I noticed that, but couldn't really see an inverse H&S there. The picture is too vivid.
Yes !!! there is no IHS.... there...
 

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