Today's Buy Levels

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hari09omkar

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Re: Todays Buy Levels

Plz dont misunderstand i am not going to brag ,the mssg was intended for newbies , let them do some paper trade with me,in NOV Series for 30mins only.
That is the last thing I can think of u.U r just humility alongwith efficiency personified.:)
 
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uasish

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Re: Todays Buy Levels

Any WRB as per Saint's teaching gives us a trading oppurtunity.If the Low or High is breached we get an idea of the impending biasness.
Here though it is breached in downside we initiated a Long initially as per the candle signals ( and my position sizing module sig) but we must be prepeared with a Double Short Entry.
After our Entry on 10.40's candle it gave a Gap Up hence we are little bit relaxed the SL is at the Entry Bar's Low.
Now the 10.42's Bar is a Black color & 10.43's Sky Blue never breached the 10.41's Low.
 
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uasish

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Re: Todays Buy Levels

Now the Black bar signalled a (-)ve and in a WRB the 50% & 61.8% levels are imp ,which Price is approaching.
Next came that Long Legged Doji at 10.45's Bar so we Liquidated at next bar closing with Double Qty means 4 Lots Now.
The SL was placed @ 10.45's bars High @ 1079.50.
Later on the SL moved to 11.11's Bar High = 1074.00 so now we are in no way going to incur Loss.
 
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uasish

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Re: Todays Buy Levels

Becoz of time contraint (due to daughter's marraige on 21st the impending family duties) has to close the positions.
 
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