my intraday trades

[Sizzle]

HDFC Bank:

Was a bit fearful while entering this short trade as nifty was trading near day'high.

Which charting software did you use?

 

[indianbank]

Which charting software did you use?

Meta trader...:thumb:

 

[tvtaddy]

I use strom trader.

 

[sangram1705]

HDFC:

GOOD SETUP (NOT THE BEST)

 

[sangram1705]

Friday session was not good day for me. Till now i have been posting my best trades. Now i will be posting 2 charts.:
1) best trade of the day
2) worst trade of the day.

Idea is to record what works & what doesnot work. Both
thanks

 

[sangram1705]

A TRADE TOTALLY AGAINST THE SYSTEM:

WHAT SHOULD BE DONE:

Paying too much attention to ema made me pay. Generally the best setups are to be traded away from ema. either the trade was to be ignored or played as per system (at the risk of a big stoploss).

 

[amandeep86]

Sangram,

How do u select script for Intraday ?

 

[sangram1705]

Sangram,

How do u select script for Intraday ?

from my watchlist of 10 stocks, I have to scan manually.

1) The red rectangle is to show high & LOW OF FIRST 5 MIN RANGE.
2) Other than that no indicators shown influences the trade decisions.
3) 50ema & 14 ema help me in visualising the trend.(I dont trade the ema crossovers)
4) Apart from that some decesions are based on volume. Thats why you will see some red & green arrows. {They donot mean buy here /sell there

 

[ajeetsingh]

A TRADE TOTALLY AGAINST THE SYSTEM:
WHAT SHOULD BE DONE:
Paying too much attention to ......

Usually, I avoid nifty shares who opens opposite to nifty
I am not saying that i dont trade such setups but it needs extra care.
In such scenario, SL are always bigger than targets, MA's give wrong readings.
If they start moving in direction of nifty then when we got to know, trend has already crossed midway and other way round, there is no surety that for how long will they move in trend opposite to nifty.
So we are in dilemma from very beginning of trade.
(Its all what I think)

.

 

[sangram1705]

worst trade
(fell prey to news. I didnot try to trade news)

best trade
still counting