Live Intraday Trading By Professional traders

Vertigo_1985

Well-Known Member
u just love against trend trading its in a intraday down trend illbe a buyer betwwen 926-930
1110 swing gave good momentum in up, then again it showed buying around 1130, all this was happening near yes high and higher timeframe trend up so thought it will be a good move.


y 926-930 ? y not 935 ?
 

ryan4ucar

Well-Known Member
1110 swing gave good momentum in up, then again it showed buying around 1130, all this was happening near yes high and higher timeframe trend up so thought it will be a good move.


y 926-930 ? y not 935 ?
926 is yesterdays afternoon support if stock has a big move buyeers will come in there.. where did you buy 940 should hold for it to go higher
 

Vertigo_1985

Well-Known Member
926 is yesterdays afternoon support if stock has a big move buyeers will come in there.. where did you buy 940 should hold for it to go higher
bought at 938.7 earlier, stopped out.
morning pb w.r.t higher timeframe trend works nicely but these established trend in opposite direction in trading timeframe w.r.t higher tf aren't giving that good results.
Example - auro,sun are aligned with higher tf trend . In sunpharma morning failure around 537 gave trading opportunity.
HCL after initial buying went into downtrend, long trades didn't result in much profitability .
 

ryan4ucar

Well-Known Member
bought at 938.7 earlier, stopped out.
morning pb w.r.t higher timeframe trend works nicely but these established trend in opposite direction in trading timeframe w.r.t higher tf aren't giving that good results.
Example - auro,sun are aligned with higher tf trend . In sunpharma morning failure around 537 gave trading opportunity.
HCL after initial buying went into downtrend, long trades didn't result in much profitability .
when buying or selling stocks after 10 against trend they should get washed out first then start basing
 

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