My trades based on "new way of pivot trading" and vwap

[monkeybusiness]

1 trade today. Short tamo. @ 13.50 candle
It was sideways. Missed 2R by 30 paise. then scratched it at breakeven. In my record book will note it as loss trade only.

Vijaybhai, hindsight Observation, looking at divergence in OBV should not have waited for 2R, should have grabbed profits. :thumb:

 

[aja]

Will you short here at these two white arrows ?

 

[vijkris]

vijkris, what was your trade price, SL, target and square off price ??

entry @ 469.15, sl = 470.05, target = 467.3, sq off price = 469.05

 

[timepass]

entry @ 469.15, sl = 470.05, target = 467.3, sq off price = 469.05

Sorry to be asking details, but spot price or futures ? Total quantity ? Bracket order or MIS ?

 

[vijkris]

Vijaybhai, hindsight Observation, looking at divergence in OBV should not have waited for 2R, should have grabbed profits. :thumb:

Yes, true. My focus was more on orb low, which didn break so lowered sl to breakeven.
In divergence reverse trade should have been taken though.

 

[vijkris]

Sorry to be asking details, but spot price or futures ? Total quantity ? Bracket order or MIS ?

:lol: spot.. no futures.. MIS.

Quantity = If initial sl would have hit, loss including brokerage would have been 0.25% of capital.

 

[timepass]

Looks like it was a bit late in the session to be trading (odd moves happen in the last hour), but you did a good job of controlling the loss.

 

[vijkris]

Will you short here at these two white arrows ?

yes bhai, those are valid shorts. Just because z was not working so couldn take those trades.

 

[timepass]

For equities, I usually go for a staggered buy/sell.. say,10 trades between 469 & 469.5 or 470. Often only 4-5 of these get executed. Me too just trying different techniques.

:lol: spot.. no futures.. MIS.

Quantity = If initial sl would have hit, loss including brokerage would have been 0.25% of capital.

 

[TraderRavi]

For equities, I usually go for a staggered buy/sell.. say,10 trades between 469 & 469.5 or 470. Often only 4-5 of these get executed. Me too just trying different techniques.

usme brokerage bhi to 4-5 baar lagegi