Learn How To Fish
- Thread starter VJAY
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Sir,
I have posted 5min chart of COALINDIA on 30th march 2017.
There were two entries.
1. Aggressive entry: short the low of (MPH3-1) bar . The entry was triggered by the low of the green bar (circled) . Sometimes after the entry, price continues to move flat even for 5-6 bars (about 30minutes). Do you suggest to exit?
2. Conservative entry: short low of MPL2. Again after the big bar, price was moving flat for about 45minutes. When do you suggest exit in case of such flat moves because sometimes we miss the further move in our desired direction or do you suggest exit and re-entry
Thanks
I have posted 5min chart of COALINDIA on 30th march 2017.
There were two entries.
1. Aggressive entry: short the low of (MPH3-1) bar . The entry was triggered by the low of the green bar (circled) . Sometimes after the entry, price continues to move flat even for 5-6 bars (about 30minutes). Do you suggest to exit?
2. Conservative entry: short low of MPL2. Again after the big bar, price was moving flat for about 45minutes. When do you suggest exit in case of such flat moves because sometimes we miss the further move in our desired direction or do you suggest exit and re-entry
Thanks
If its in trend then I mostly stick with my stops if its insideway type trend will scratch trade if it flips my entry level....your example will stick to my stop
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