Nifty Future 5min Ambush Style-Live

[pleaseharsh]

Stopped again...... SOH now.....Updates from you guys?

still long.....

 

[pleaseharsh]

ankit ....again reliance proved heavy on nifty......look at how it breakout of that very narrow range.....

 

[ag_fx]

ankit ....again reliance proved heavy on nifty......look at how it breakout of that very narrow range.....

yes harsh..i have been unlucky today...my stop just got taken off and market reversed.....and on charts, i see the low as 4445.55!!!!!!!!!!!!!!!!!


whereas i had a fill at 4445.....unncesarily booked loss on a good trade.

 

[karanmanwani]

FOR 12:00-01:00 candle the pivot range was 4440-4450. market js went into it and snapped back from there. i got long there. got lucky...:rofl:

 

[pleaseharsh]

yes harsh..i have been unlucky today...my stop just got taken off and market reversed.....and on charts, i see the low as 4445.55!!!!!!!!!!!!!!!!!


whereas i had a fill at 4445.....unncesarily booked loss on a good trade.

yeah it has happened to me too...today i made a operative mistake...i opened new a/c with india infoline...bit new with the interface..and in hurry instead of long i did one short position in nifty...:annoyed:
squared off in loss.....but good going in sharekhan....

neways pls let me know the reason y u put the sl at 4445 ??

 

[pleaseharsh]

booked half at 4497....4500 is bit pyschological resistance.....nothing else....

edit : sorry typo error...

 

[ag_fx]

yeah it has happened to me too...today i made a operative mistake...i opened new a/c with india infoline...bit new with the interface..and in hurry instead of long i did one short position in nifty...:annoyed:
squared off in loss.....but good going in sharekhan....

neways pls let me know the reason y u put the sl at 4445 ??

Frankly. Im nt blaming market now...Im blaming myself....it was not a good stop..I tried to put stop under the breakout level of 4450 and a 5 point filter for SL.
My stop shud have been 4430 below the low of WRB bar, from where the B/O began.. But thats the way markets are...they teach you the hard way...I hope to learn lessons from this and hope dont repeat such a mistake again.

So far for the day, both trades into losses. SOH now and watching markets reaching my TP levels. painful it is.

 

[HEM]

Long in mini above 11:15 ph high+f at 4451.

Booked at 4492(booked 41 point in mini) and will re-enter above 13:10ph

 

[pleaseharsh]

Frankly. Im nt blaming market now...Im blaming myself....it was not a good stop..I tried to put stop under the breakout level of 4450 and a 5 point filter for SL.
My stop shud have been 4430 below the low of WRB bar, from where the B/O began.. But thats the way markets are...they teach you the hard way...I hope to learn lessons from this and hope dont repeat such a mistake again.

So far for the day, both trades into losses. SOH now and watching markets reaching my TP levels. painful it is.

ankit wt i learned is that in ambush we try to be more conservate....i have previously made such mistake and still learning hard way sometimes...one thing is that when 30 and even 60 tf are in strong uptrend...try to avoid bit messy on 5 tf....uptill now both the higher tf where going strong....if 30 is in long and 60 tf is in overall short...then we can take such risk of even going short on 5 tf.....

 

[ag_fx]

harsh/HEM/Hitesh..wud u share ur yahoo/gtalk id/.? we can delete the ids once exchngd.