Sir,
I closed my shorts at 51300 as per your guidelines.
This is how I took a 9 hr TF trading yday.
vertical green line represents the first 9 hr bar yday. Pink horizontal bar is the close (52692)of that bar and blue horizontal bar is the open ( 52500) of that bar.
Now we know only matured pro's trade 9 hr TF not children like me :lol:Hence close open high lows are very crucial points.
Now what I did. I knew prime trend is down. Hence no longs. waited for the price to go up then comedown. once it goes up and comes down and breaks the "OPEN " at 52500 ,I placed my order at 52450. S/L at 52710.( CLOSE).In higher TF's once price breaks the open in the direction of major trend it won't go back and touch close so easily. Hence with with 250 point S/L it went all the way to 50500.
The only mistake from my end was I did not trade with M but went with only mic.
Sir- I know it is different from how do you trade .Please give your views.