Nifty Future 5min Ambush Style-Live

[sreperu]

booked 1 lot 4208

 

[sreperu]

still no change sl right?

 

[Rajadhiraj]

Hello

Don't know if it will work again today but as per average range the low should be approx around 4175

Hope everyone is on to this ride

 

[Rajadhiraj]

booked 1 lot 4208

Very good booking :lol:

 

[ag_fx]

Short 1 lot at 4267
Short 1 lot 4260
Short 2 lots 4250

Avg 4 lots 4256.75

Covered 2 lots at 4206(+50 from avg price). Trailing 2 lots

Happy Trading

 

[ag_fx]

Short 1 lot at 4267
Short 1 lot 4260
Short 2 lots 4250

Avg 4 lots 4256.75

Covered 2 lots at 4206(+50 from avg price). Trailing 2 lots

Happy Trading

Covered another one at 4239.
Trailing last one now to original SL levels.I have drawn a trendline from PHs in the downfal. Will cover the las tlot at break of TL on closing basis or at BE which ever occurs earlier.

 

[Rajadhiraj]

Short 1 lot at 4267
Short 1 lot 4260
Short 2 lots 4250

Avg 4 lots 4256.75

Covered 2 lots at 4206(+50 from avg price). Trailing 2 lots

Happy Trading

Nice way to scale-into the position need to learn that from you, in the end that may be the only edge

After a big move normally we would have a sideways action and then continuation or reversal, do you have any specific strat to handle that or will be just going with the pivots being formed and price action/patterns like flags need to be ignored for now?

 

[sreperu]

made a mistake... would have covered when long bearish negated with succeding means after high of the next green candle....

 

[ag_fx]

Nice way to scale-into the position need to learn that from you, in the end that may be the only edge

After a big move normally we would have a sideways action and then continuation or reversal, do you have any specific strat to handle that or will be just going with the pivots being formed and price action/patterns like flags need to be ignored for now?

I, personally am not too good with all the patterns..So I cant really comment on it. But, I guess all these patterns do stand tall and can definately help you in TP.

As said earlier, we enter on Pivots and exit on differnt criteria according to the price action. Can never ignore what price is telling us.

 

[ag_fx]

Short 1 lot at 4267
Short 1 lot 4260
Short 2 lots 4250

Avg 4 lots 4256.75

Covered 2 lots at 4206(+50 from avg price). Trailing 2 lots

Happy Trading

Covered another one at 4239.
Trailing last one now to original SL levels.I have drawn a trendline from PHs in the downfal. Will cover the las tlot at break of TL on closing basis or at BE which ever occurs earlier.

Stopped out on last lot at 4250. The trendline broke, but price didnt close above it yet.
and now moving down...

aaarrrggghhhhhhhhhhhhhhhhhhhhh

All lots covered at avg price of 4224.75