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jallanankit

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Guys comment on this..

SELL 4900 Ce at 201
Sell 4900 PE at 76

BUY 2 NF at 5030..

More on this.. Its a bullish strategy..

SL at current time.. NF 5027 level..
 
11:49 The 11:40 and 11:45 bulls dominated. Exited shorts above 5046.90. Now long. with SL at 5032.30
12:05 Exited 50% at 5062
12:09 Balance hit stops at entry
12:13 The 12:10 swallowed my trade. The 12:05 is also bearish. So short the break of 12:10. We may have some bullish candles within the range of 12:10. I will ignore that. So far a break even day.
 
Guys comment on this..

SELL 4900 Ce at 201
Sell 4900 PE at 76

BUY 2 NF at 5030..

More on this.. Its a bullish strategy..

SL at current time.. NF 5027 level..
Upside: You are always safe. Even if the mkt expires at 5000 you get to pocket 176 points

Downside:Your safety expires at 4892 and you expose yourselves to losing three points for every point drop after that.
 
12:42 Shorts taken at 1231. Keeping SL at 5050
12:45 One of the most important lessons learnt from TJ is about these reactionary bars that form within the range of a WRB. They call it aggressive pivots. Knowing and spotting them and even expecting them helps in trade.
 

jallanankit

Well-Known Member
Upside: You are always safe. Even if the mkt expires at 5000 you get to pocket 176 points

Downside:Your safety expires at 4892 and you expose yourselves to losing three points for every point drop after that.
Very rightly said.. For that i was saying Its a bullish strategy.. Moreover the SL was 5027.. Triggered anywys..
 
12:59 Following SH's 5EMAH would have yielded two profitable trades of 20 pts too.
1:07 THe 1:10 opened above the high of 1:05 and came down not giving me the chance to exit. Holding the shorts. Now SL above the high of 1:10
1:10 Exited the shorts. Now long. SL bottom of 13:05. Scratchiness of trade continues.
 
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