Nifty Future 5min Ambush Style-Live

[myvineet]

why now , hitesh ...??

me short below 12.00 bar low ..

now cover half on seeing high volume bar...

 

[pleaseharsh]

why now , hitesh ...??

me short below 12.00 bar low ..

now cover half on seeing high volume bar...

yeah with each that long green bar take out..we had to cover one by one lot...but everything was so fast..i too just coudn't create short on time...

 

[hitesh05]

why now , hitesh ...??

me short below 12.00 bar low ..

now cover half on seeing high volume bar...

that was the right place to go short...........
my SL was at 11.30 low and shorted below lod.......

 

[myvineet]

saved by some part booking in stocks ..

short relcap now

cover half of relcap...

 

[jamit_05]

Short at 12.00 bar low and SL at HOD? That'd be a large SL..

 

[myvineet]

Short at 12.00 bar low and SL at HOD? That'd be a large SL..

neither we can change the entry nor sar ..

what is in our hand is position sizing.....

 

[jamit_05]

neither we can change the entry nor sar ..

what is in our hand is position sizing.....

Since this method does not have a precise rule or a defined edge which identifies this entry, would it make sense to not take those large stops? RR will be poor.

As I know it Ambush clearly defines

1) Position sizing and risk
2) DO NOT TAKE ALL 5 min PHs and PLs.
3) If 5 min entry against the 30 min, then do not make any adds.

Are there any rules beyond this?

 

[myvineet]

Since this method does not have a precise rule or a defined edge which identifies this entry, would it make sense to not take those large stops? RR will be poor.

in ambush , we always have choice to enter ..

but this is failed BO ...... always rewarding

 

[myvineet]

my stop now at 13.15 high ..

may be flag but not taking chances...

 

[pleaseharsh]

out of shorts.....will re-enter again at appropriate level...