Extention of 15 Min Breakout Failed Breakout Trade Data

MSN1979

Well-Known Member
#1
This thread would be tracking Failed Breakouts of 15 Min Breakouts

15 Min Day High Low to be considered as S/R

If the breakout fails. We will Trade the failed breakout above S/R with a Very Small Stop Loss Just below S/R or Where the rally started.

These are paper Trades.

Todays Trades

GAIL and Adani

Adani Breakout Failed @ 15 Min
Entered Long at 15 Min break of 182.75
SL Rally Low before S 179
Target - If price moves above R we move SL to Entry Price +Comission and wait for day close.
Partial Exit if Price hits 3% Rest at day close.

1533707644693.png


Chart For GAIL
1533708494943.png


Will post excel sheet at the EOD
 

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MSN1979

Well-Known Member
#4
:D:D:D:D:D:D:D:D Good way to counter trades opposit tradingisrfishing...........................................:cool::cool:
Yes he is aware about it. Scrips would be same. I am not using any screener as of now. I back tested on his scrips and it gave a very good profit. Now will test in live markets for next month
 

MSN1979

Well-Known Member
#5
Correction for yesterdays Trade : Since Rally low was our SL. It should have been white candle low and not red candle low. SO SL would have been 376.20

I would not change the sheet as overflows and mistakes will be counted as a part of system.
 

MSN1979

Well-Known Member
#6
Nalco trade Triggered today Long 71.25 SL 70.95
 

MSN1979

Well-Known Member
#7
1533808759839.png
 

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