Trading the 10min with a 30/60min perspective

[HEM]

To Saint sir and all our traderji friends wishing you very Happy Holi .

Regards,
Hemant

 

[Satyen]

Hi found two interesting patterns on Gap dayas

Gap then 5 min high /low saved and then a pattern break

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again on Gap Days mini Flags which breaks some time confirms the Gaps direction here is one example

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Even last friday we had a gap down 5 min high saved then pivot breaked giving us confidence to short

Regards
Satya

 

[musicjunkie]

Satya, Completley agree with you there.
In a gap situation , extend your filter and go long/ short on the 5min bar regardless of trend, stops are small, and chances of success are high.

Thank you Satya. another gem of your posts in the treasure chest .....

MJ-

 

[musicjunkie]

Long ICICI, doing very well today
Short Aban, still near entry price, but should dump near closing.

MJ-

 

[Satyen]

Hi MJ and all can we trade this pattern looks like a flag after Gap

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Regards
Satya

 

[musicjunkie]

Pattern looks bullish Satya, however it can still break either way. To my eyes its not a flag but rather a descending traingle,

I would go long at the 10min PH break which is as per plan. Let's see how this trade (if any ) pans out.

Regards,
MJ-

 

[Satyen]

Follow Up On RIL but did not trade

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Regards
Satya

 

[uthuman]

Great learning..Got the chance to go thro' this thread today only..Looking for trading. Thanks MJ, Saint, Satyen and others for the contribution of this thread.

uthuman

 

[Smart_trade]

Follow Up On RIL but did not trade

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Regards
Satya

Good going Satya,some great charts and inputs from you...keep them coming...

ST

 

[musicjunkie]

The trade on Ril was nice on Friday. Hope to get more days like that.
Thank you Satya for the charts
MJ-