Lvg, Is the bar you referring to a Topping tail doji!!!???? Not much idea about it!!! Seems not!!!
Had remained long (on paper ofcourse)!!! Frankly rules not yet clear!!!
I saw various terms for the same topping tail or inverted hammer etc. Doji as I understood should have narrow thin body normally in the middle. topping tail has the body at the bottom and hammer or bottoming tail has it at the top.
Presuming we have a close this candle at 4220-4222......and have a look at the candle now(it's at 4222 now)......if this candle stays here,we are shifting directions to below that candle's low -Rs9
To reiterate:If we get a Topping Tail Doji like candle,look to stop out and reverse positions at the low of the current candle -Rs9
If in the last minute,things move on up,all's fine.
sir did we go short after d low of 10:55 - 11:55 bar was taken out.......
was d sl fr dat trade 4252 ( 4243 + 9)
after the formation of next bar i.e. 11:55 - 12:55.....u mentioned reversing again if this high is taken out........that means if 4220.9(4211.90 + 9) if taken out we will reverse d position..........
* got ur point sir......ur post was wrongly posted here
* all confusion cleared........just 1 thing our sl still remains 4161 rite????
I saw various terms for the same topping tail or inverted hammer etc. Doji as I understood should have narrow thin body normally in the middle. topping tail has the body at the bottom and hammer or bottoming tail has it at the top.
Topping Tail Doji as Saint said it would have been had it closed at around 4222, giving it a narrow body!!!
May be it indeed is a Topping Tail Bar but certainly does not look like a doji!!! Did we reverse below this bars low!!!
sir did we go short after d low of 10:55 - 11:55 bar was taken out.......
was d sl fr dat trade 4252 ( 4243 + 9)
after the formation of next bar i.e. 11:55 - 12:55.....u mentioned reversing again if this high is taken out........that means if 4220.9(4211.90 + 9) if taken out we will reverse d position..........
Topping Tail Doji as Saint said it would have been had it closed at around 4222, giving it a narrow body!!!
May be it indeed is a Topping Tail Bar but certainly does not look like a doji!!! Did we reverse below this bars low!!!