Day Trading Stocks & Futures

[against_tides]

12400 ko tod do!!

aaj mushkil hai...

 

[traderhardrock]

BNF
needs to sustain above 31800/850 zone for bullish moves,
else will remain bearish

ltp 31827

 

[vikas2131]

Investors these days in US market

 

[trader.trends]

Last year, I noticed that some of the trades just managed entry and then turned back. It was like the trade is triggered, your entry is the highest/lowest for the day. This year I am watchful near my entries, and if it turns back after my entry I close positions and wait for the set up again. Today, my long trigger at 3pt filter above 10am high (12406.85) got triggered, I get an entry at 12407, mkt made a high of 12407.5 and turned back. I closed the position at the end of the BO bar and am waiting for a re-entry. So far saved twice this year. I don't really know if it is the correct thing to do but will know at the end of this year!

 

[against_tides]

@Riskyman bhai..aur yesbank le rahe ho kya??

 

[travi]

Last year, I noticed that some of the trades just managed entry and then turned back. It was like the trade is triggered, your entry is the highest/lowest for the day. This year I am watchful near my entries, and if it turns back after my entry I close positions and wait for the set up again. Today, my long trigger at 3pt filter above 10am high (12406.85) got triggered, I get an entry at 12407, mkt made a high of 12407.5 and turned back. I closed the position at the end of the BO bar and am waiting for a re-entry. So far saved twice this year. I don't really know if it is the correct thing to do but will know at the end of this year!

on range bound days, this is more prominent because if ppl are trading the range, then shorts sit at the resistance while buyers at support.
hence the tuk-tuk, and this will be exact opp case on trend days and BO from range will draw a lot of traders and the losing side will add momentum by running for cover. sometimes the 1st attempt is a BO failure followed by 2nd round of stronger directional move.

This cant be foretold in advance so closing positions at key S/R areas on failures and waiting for re-entry is common for many incl me. Ofc, my assessment and observation is from my PA method and not mechanical.

 

[travi]

@Riskyman bhai..aur yesbank le rahe ho kya??

aaj muje bahut kaam nahi hai, should i also join in this discussion
( kyun bhai, Fryday hai isi liye ? )

According to me, Yesb ne hi sab ki le li hai.

 

[against_tides]

aaj muje bahut kaam nahi hai, should i also join in this discussion
( kyun bhai, Fryday hai isi liye ? )

riskybhai is searching for gif..
.

 

[traderhardrock]

BNF
needs to sustain above 31800/850 zone for bullish moves,
else will remain bearish

ltp 31827

if BNF breaches and remains below 31700, then more dip is likely,
may be around 31600/550

ltp 31747

 

[travi]

if BNF breaches and remains below 31700, then more dip is likely,
may be around 31600/550

ltp 31747

Reliance at +2.4% alone lifting the boj of other nifty draggers and keeping NS in green
banks are the largest draggers