Live Intraday Trading By Professional traders

[ryan4ucar]

will be out all my postions in 5 mins because of news

 

[Vertigo_1985]

youa re looking at stocks which have trended for 3-4 days , relcap down for 4 consecutive days (your chances of more short reduce drastically)and near longterm support of 355 , today will be the least volatile day of all will do nothing so no point trading

shorted in morning when it gave pb to 364.4, now not looking for shorts...
hmmm..didn't think about volatility ...will keep in mind.

 

[ryan4ucar]

if forms higher lows then breaks above day high it may settle in higher range..breakout pullback trade maybe a possibility after a successful break..

ya same thing happening with mcdoell-n

 

[Vertigo_1985]

u bought wipro near 309 ??

 

[ryan4ucar]

u bought wipro near 309 ??

no i missed it forgot to put alert

 

[ryan4ucar]

shorted in morning when it gave pb to 364.4, now not looking for shorts...
hmmm..didn't think about volatility ...will keep in mind.

contraction follows expansion, expansion follows contraction

 

[ryan4ucar]

had kept a little tecchm sold it at 1260 as it failed to cross new highs

 

[ryan4ucar]

long hindunilvr 625.5 most powerful level

 

[Vertigo_1985]

contraction follows expansion, expansion follows contraction

expansion was more confusing for me than contraction as it shows change of strength in the timeframe being watched...now i watch higher timeframe in such cases, also the higher timeframe trend is most likely to continue..

 

[ryan4ucar]

expansion was more confusing for me than contraction as it shows change of strength in the timeframe being watched...now i watch higher timeframe in such cases, also the higher timeframe trend is most likely to continue..

expansion is confusing because you are not visualising , your tendency right now is to play inside days , big money is only made on trending stocks