Nifty Future 5min Ambush Style-Live

[hitesh05]

just one short in the morning....then squared off....at the moment in soh situation...

do u cover ur L/S with hammer formation or simply reverse or stop at pivot break...??

 

[pleaseharsh]

long triggered..
ps : hitesh i will answer u at eod ...busy bit at the moment...

 

[pleaseharsh]

out at 4270.....

 

[pleaseharsh]

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[pleaseharsh]

hitesh i hope the above chart suffice yr question..if u have any more doubts pls ask without hesitation...
regards
harsh

 

[hitesh05]

hitesh i hope the above chart suffice yr question..if u have any more doubts pls ask without hesitation...
regards
harsh

Thanks Harsh, i have some doubt regarding ambush.......I have seen charts of ambush in TS that Saint sir exits from a trade when a hammer forms in a strong up move or down move, u also told me that we should exit from a trade with a hint of reversal and not to wait until the trade comes to a loss or breakeven.Now look at the 12.40 bar it's a clear bullish signal so should not we exit when the high of that bar breached ?? or ur current exit is a valid one ? plz explain

 

[Flock]

Harsh,

I can see that you have been trading Ambush for some time now and to good effect. I could not participate even at EOD was out of the markets for some time. Will enter again some time next week hopefully.

If you have jotted down some principles of ambush please share, so that I can get upto speed and start paper trading at least soon.

Cheers!

 

[pleaseharsh]

Thanks Harsh, i have some doubt regarding ambush.......I have seen charts of ambush in TS that Saint sir exits from a trade when a hammer forms in a strong up move or down move, u also told me that we should exit from a trade with a hint of reversal and not to wait until the trade comes to a loss or breakeven.Now look at the 12.40 bar it's a clear bullish signal so should not we exit when the high of that bar breached ?? or ur current exit is a valid one ? plz explain

hitesh 12.40 bar ...no i dont think so...12.40 candle is not a hammer or any reliable candle...now at eod when whole chart is in front of our eyes we do feel that we could had squareoff the short trade at 12.40 bar high taken out...but in real time it was hard to make a such decession....regarding hint of reversal ...the one which we had on 14 july was different..we got a breakdown(taking off pl and trendline) bar in uptrend and then follow few bars supporting at the same level...here today we where already in downtrend making sort of ascending triangle...the breakdown bar formed the last leg of the bigger triangle...so it was hard to make any decession at end of 12.40 bar...though frankly i too had deep inside me that reversal could be at hand but i had to wait atleast for some concrete clue to exit the trade...
also all the bars after 12.35 bd bar where formed inside the bd bar...though i exited bit late of short trade but still it sufficed me that the 12.50 bar close outside the range ...and after my exit market made almost 12-14 pts high and then came down...but again there was no question of long or sar cuz i didnt wanted to go against the miniflow trade ....that proved fruitful as market again tanked 50 pts...
ok now regard the long trade i can say i could just not pull the trigger on time...the 1.45 bar which went down to make a bottom ...in real time swiftly reversed after touching its lod (lod was made by 12.35 breakdown bar)...the aggressive long was above this 1.45 bar high...but i just missed to put order on time...i was quite assure with that swift reversal that market is reversing but got late in long trade..though i immediately booked my half position in miniflow taking clue from ambush....

 

[pleaseharsh]

Harsh,

I can see that you have been trading Ambush for some time now and to good effect. I could not participate even at EOD was out of the markets for some time. Will enter again some time next week hopefully.

If you have jotted down some principles of ambush please share, so that I can get upto speed and start paper trading at least soon.

Cheers!

hello flock....yeah i have been trading this ambush from just few weeks...still very new at it.....nothing like principles or anything ...just we need to train our eyes to see important patterns/trendlines .....after all u r used to miniflow trading...so at the core of ambush are the same principles....need to train ourselves to see the correct pivots....but unlike mini here we get lots of pivots...so we cannot completely rely on each and every pivot...so we take the help from patterns and to some extend indicators too (though using indicators is individual's prefrence).....here in ambush we take clue from higher tf like 30 tf (miniflow) to get the trend..if mini is in long then we just go at lessor lot short in ambush and vice versa...cuz the short trade which we got ambush could be just for a timebeing...for yr back studies to get idea...go through ambush trades on ts.....u will get lot of information...

 

[goutham1234]

hi im new to trading,but learnt a lot of things in quick span of time... i know still there is alot more to learn.

But i seriously facing a problem to decide on the broker ,which one to opt for whether it is angelbroking or sharekhan. i couldnt make up my ming so vl u pleas help me choosing one.sorry for writing irrelevant post here.

can u also tell me present brokerage charged. im using icici direct at present.so please tell me which one to opt for....