Completed June Series
Number Trade Level SL Initial Risk P/L(Close) Remarks
5 Short 4505- 4284+ Closed +221 Expiry Day Exit
4 Long 4499+ 4505- Closed +6 Gap down
3 Short 4640- 4499+ Closed +141
2 Long 4636+ 4640- Closed +4
1 Short 4826- 4636+ Closed +190
Jiggling Space 10pts each side i.e 20 pts per trade. Total No. of trades 5, therefore 100pts
total space to trade. Brokerage and taxes not taken into a/c.
P/L = +562pts(Before Space to trade)
P/L = +462pts(Before Brokerage and taxes)
Completed June Series
Number Trade Level SL Initial Risk P/L(Close) Remarks
3 Short 4127- 3964+ +163 +314
2 Long 4152+ 4127- Closed -25 Gap Intraday
1 Short 4127- 4152+ Closed -25 Gap Intraday
Total booked P/L = -50
Completed June Series
Number Trade Level SL Initial Risk P/L(Close) Remarks
5 Short 4505- 4284+ Closed +221 Expiry Day Exit
4 Long 4499+ 4505- Closed +6 Gap down
3 Short 4640- 4499+ Closed +141
2 Long 4636+ 4640- Closed +4
1 Short 4826- 4636+ Closed +190
Jiggling Space 10pts each side i.e 20 pts per trade. Total No. of trades 5, therefore 100pts
total space to trade. Brokerage and taxes not taken into a/c.
P/L = +562pts(Before Space to trade)
P/L = +462pts(Before Brokerage and taxes)
Completed June Series
Number Trade Level SL Initial Risk P/L(Close) Remarks
3 Short 4127- 3964+ +163 +314
2 Long 4152+ 4127- Closed -25 Gap Intraday
1 Short 4127- 4152+ Closed -25 Gap Intraday
Total booked P/L = -50
Is 3964 is 2 bar method but i think we dont have a vertical fall from the pivot 4040 we may form another pivot below 4040 or should keep our reversal point at this pivot
Is 3964 is 2 bar method but i think we dont have a vertical fall from the pivot 4040 we may form another pivot below 4040 or should keep our reversal point at this pivot
Our pivot of 4040 is abt 227+ points far from now... thats pretty far... and there is a V fall... look at the bars from 12pm of today! Its looks like V fall! The 3pm bar is 119 points range! So considering 2 bar is good right? What Say?
Our pivot of 4040 is abt 227+ points far from now... thats pretty far... and there is a V fall... look at the bars from 12pm of today! Its looks like V fall! The 3pm bar is 119 points range! So considering 2 bar is good right? What Say?
Hi MB
yes you may be right i was looking at no of bars
again i m in a veiw that very rare we have V shaped recovery before we hit our stop at pivot 4040 we may form another pivot in the way and most of the time it does that is why considering 4040 as stop