Breakout

TradeOptions

Well-Known Member
Good, Third sex also trades in the markets, that's a first for me.

But all are equal in the market, good job Shantala...continue to be an inspiration
Shantala did not mean that he is third sex. This is not a good joke ! :annoyed:

If you cannot appreciate his good work in this thread, then at least do not make fun. :mad:

PS: Shantala, pls do not mind such comments and carry on the good work. All the best for your trading.

With Regards
 

amitrandive

Well-Known Member
Amit might have asked why I took a long at trading range high (instead of going short) in Arvind, he might have shorted Nifty a little early yesterday.

Why? Explaining strategy.
Setup: Spike, immediate failure of spike, and trading range near the base of spike.

Entry: Find out small spike out of trading range, go long/short at that point.

Target: Double the spike height from base of spike.
Yes Shantala

I did take a short in Nifty

I have posted my trade here
http://www.traderji.com/futures/89068-day-trading-nf-bnf-usdinr-futures-2027.html#post981505

Can you please provide a link for more info on the above used terms?
 

bunti_k23

Well-Known Member
Hello shantala this is a gud trading setup for potential buy and sell at recent swing highs and swing lows these levels trigger the momentum which results in long bars in quick time , i also use this setup in intraday
 

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