Kiran_Thiru nifty & equity real trades with charts .

[XUV-500]

Hi KT
Will you please elaborate reason for not taking trade between 11.00-14.00 ?

 

[PUCHU_2500]

kiran , your trading skill and discipline is developing very well.......thanks, keep it up.....

 

[kiran_thiru]

Hi KT
Will you please elaborate reason for not taking trade between 11.00-14.00 ?

bhai, already explained in previous post. ok read my mind here again.

from 11:00 to 12:00 no trade because price is in range.
at 12:30 price created mph but not broken the range and trend was down too.

at 13:15 price created mpl, there after sudden green bars came and broken the previous mph. i cannot enter here as sudden spikes must calm down to enter. so did not took any trades there.

at 13:40 it was created mph and 14:02 created mpl. after that broken mph @ 14:20, but my sl was big (6 points approx). so trade avoided.

@14:26 it was mph and came down slowly. after 3 bars of red bar price broken @14:47 there i taken short trade with sl.

kiran , your trading skill and discipline is developing very well.......thanks, keep it up.....

sir i am not much discipline but trying to do that. i am a small trader. thank you for your compliment.

 

[kiran_thiru]

 

[kiran_thiru]

 

[kiran_thiru]

 

[kiran_thiru]

very bad day. eaten my stoploss.

 

[kiran_thiru]

testing trades in real time.

nifty

 

[anilnegi]

testing trades in real time.

nifty

why choose this TF 3 min, did u backtest the setup with 5/ 15 min, maybe noise will be less there

thanks

 

[kiran_thiru]

why choose this TF 3 min, did u backtest the setup with 5/ 15 min, maybe noise will be less there

thanks

hi anil. i previously traded in 5/15 min charts as per my setup. but sometime ago i shifted to 3 min charts when i included mph/mpl to my charts. it is quite easy to trade with mph/mpl in 3 min charts compared than 5/15 min.