Learn How To Fish

[StarLight]

REENTRY
For Reentry I think I not posted that much....Basic reentry is enter when minor trend align with visual trend...so if DT and out tsl hit then we look for any action which again minor turns to down to enter again...it may be mpls,mph failures ,using minor erl's,reversal bars etc..you can use many what suits you ...BUT I always recos whtever you use you must follow it always...no if's there ....so here I share what type of rentries I take in my trades....as I use mostly basic rules only....

View attachment 28886

Khajana

 

[rjshem]

Thats okey if he using upgraded vps' ...good but its maybe confuse here who trading with basic rules ...then its goes like kichdi

Yes may be wrong to post here as it can confuse.presap think has developed his own ways of trading itf .its very important everyone develops their own way of trading as everyone is different to succeed in long run.presap think u should post in subhadip or general thread as it can confuse newbies here.

 

[MSN1979]

Yes may be wrong to post here as it can confuse.presap think has developed his own ways of trading itf .its very important everyone develops their own way of trading as everyone is different to succeed in long run.presap think u should post in subhadip or general thread as it can confuse newbies here.

Deleted myself as want to remain focused only on topic

 

[MSN1979]

REENTRY
For Reentry I think I not posted that much....Basic reentry is enter when minor trend align with visual trend...so if DT and out tsl hit then we look for any action which again minor turns to down to enter again...it may be mpls,mph failures ,using minor erl's,reversal bars etc..you can use many what suits you ...BUT I always recos whtever you use you must follow it always...no if's there ....so here I share what type of rentries I take in my trades....as I use mostly basic rules only....

View attachment 28886

Vijay bro this would need a lot of clarification.

So considering in

SETUP 1: We are in start of DT and we short 1st MPL below VPL , then our SL or TSL hit. After few candles again the day low is taken out. Do we re-enter?

Seems according to this setup only can short first MP near VP?

Please explain. I am not sure if I get this correct

 

[VJAY]

Vijay bro this would need a lot of clarification.

So considering in

SETUP 1: We are in start of DT and we short 1st MPL below VPL , then our SL or TSL hit. After few candles again the day low is taken out. Do we re-enter?

Seems according to this setup only can short first MP near VP?

Please explain. I am not sure if I get this correct

Yes method wise if sl hit at mph then low automaticaly print as vpl ..our order always below it as trend rule...I hope you are asked this querry about when sl/tsl hit at not regular way at minor pivots...it may be scratch trade...then method wise if low breaks its continue of trend.but for trading wise we not enter for avoid some whips ..though its my tweeks from long time one can observe these scenerios and can take action as per his knowledge...I recos wait for reentry rules apply... Yes doing RE may miss some moves if price not sufficient pullback....
I had observed when trade fails due to failures after entry market showing weaken and even its breaks lows not much moves...very rarely it moves big....if you take every pivots entey and exits at failures there may be many whips...so i used RE rule to avoid whips in this aproach I may miss some moves too ....but as a trader its not much bother as I confident with my aproach ...in the end we need to survive too...if we get high rate of whips its spoil our profits....hope it cleared your doubt

 

[MSN1979]

Yes method wise if sl hit at mph then low automaticaly print as vpl ..our order always below it as trend rule...I hope you are asked this querry about when sl/tsl hit at not regular way at minor pivots...it may be scratch trade...then method wise if low breaks its continue of trend.but for trading wise we not enter for avoid some whips ..though its my tweeks from long time one can observe these scenerios and can take action as per his knowledge...I recos wait for reentry rules apply... Yes doing RE may miss some moves if price not sufficient pullback....
I had observed when trade fails due to failures after entry market showing weaken and even its breaks lows not much moves...very rarely it moves big....if you take every pivots entey and exits at failures there may be many whips...so i used RE rule to avoid whips in this aproach I may miss some moves too ....but as a trader its not much bother as I confident with my aproach ...in the end we need to survive too...if we get high rate of whips its spoil our profits....hope it cleared your doubt

Yes Vijay Bro this reply Exactly Answers all my doubts. Thanx a million.

I like what you wrote so much I am planning to Post this on my trading wall

 

[VJAY]

Decrease in lot size from 40 to 20 in banknifty feom Jan 2019 ....good for day traders...volume also increase ....we can make good use of it

 

[MSN1979]

Decrease in lot size from 40 to 20 in banknifty feom Jan 2019 ....good for day traders...volume also increase ....we can make good use of it

Where is this news?

 

[VJAY]

Where is this news?

Nse circular....

 

[VJAY]