My System - My trades.

[varunkochhar]

Shorts taken.

 

[varunkochhar]

For this divergence to play out well, we need to go below 3058 but then my SL would have been quite big. Playing for 50/80 points as i am not able to devote much time to trading. Let us see how it pans out.

 

[varunkochhar]

An ideal SL would be between 3195-3200

 

[varunkochhar]

Part booked at 15 points.

 

[varunkochhar]

Though did not trade in the morning but the buy came at 3137 with an isl just below 3132 as per the system. Will post charts later.

 

[varunkochhar]

Trailing stop to 3178 now. not waiting for it to take out the highs.

 

[varunkochhar]

TSL 3175 now.

 

[varunkochhar]

 

[varunkochhar]

You can clearly see the divergence in the above charts between 2:00 and 5:30. I am unable to mark anything on these tick charts.

 

[varunkochhar]

Why did i wait to short below 3175, because that was the range low in price when i spotted it so i needed confirmation from price.