Below is my understanding about karthik's strategy
Please find the below trade for tata motors as per karthik's ATP method as on 11th December ..
Look at the first candle it touched ATP and high of the candle was 282.5 and low was 281.8...Be ready to execute the trade..Still no trade
Second candle made high of 282.4 and low was 281.8..Again no trade...Be ready to trade..still no trade
The third candle went below the low of first candle (low of first candle was 281.2) .. we are in a trade SL 282.5..Yes we are in a trade
Look at the low of the day 273.71...
Please find the below trade for tata motors as per karthik's ATP method as on 11th December ..
Look at the first candle it touched ATP and high of the candle was 282.5 and low was 281.8...Be ready to execute the trade..Still no trade
Second candle made high of 282.4 and low was 281.8..Again no trade...Be ready to trade..still no trade
The third candle went below the low of first candle (low of first candle was 281.2) .. we are in a trade SL 282.5..Yes we are in a trade
Look at the low of the day 273.71...
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