Nifty Future 5min Ambush Style-Live

[pleaseharsh]

i m also long at first 5 min bar...

 

[pleaseharsh]

hmm ..out of long.....

 

[dare2]

hmm ..out of long.....

added 1 more lot.

harsh u r not short??

added 1 more lot.
added 1 more lot.
squared off completely.

 

[Mangafreakz]

@Dare2
http://www.truedataindia.com/IEODHelp/index.htm This might Help you.

 

[pleaseharsh]

added 1 more lot.

harsh u r not short??

added 1 more lot.
added 1 more lot.

yes i m short.....covered half though...

 

[rajendrani]

 

[dare2]

yes i m short.....covered half though...

shorted 2 lots.
added 1 lot.

oops.. SL fixed to 4666.

added 1 more lot.

harsh.. ur positions??

 

[jinnav]

@Rajendrani.
Hi, Dont we have to go long above first bottom bar break out.( Shown in image with 3 question marks).

 

[rajendrani]

@Rajendrani.
Hi, Dont we have to go long above first bottom bar break out.( Shown in image with 3 question marks).

Thats the profit booking zone

 

[jinnav]

Thats the profit booking zone

So when next bottom bar was taken out we went long. Is it just because it was a hammer at bottom and touching BB line or we do consider other things also before identifying Bottom/Top bar as profit booking zone or SAR?