Once again Turtle Soup ..

[jamit_05]

Update:

Long 5804.05 (use a time filter, dodge whips)

Entry failed time filter... 5 min Ema 15 is acting as resistance. Therefore, skip do not take this quick entry... 5810.05 is good...

 

[PartTime_Trader]

Levels changed

NF LONG 5828.05
SL 5816.95

If price does not gain momentum after entry, be defensive.

5800 is going to give support... a bounce expected, hence looking for Soups in the lower timeframe of 5 min...

Trade:

Long 5810.05
Target 5817.00 and 5820;
Hence SL of 5 points... make it smaller if possible.

Update:

Long 5804.05 (use a time filter, dodge whips)

why fight the trend , does the shorts bite or something :annoyed:

Cheers
::thumb::

 

[jamit_05]

why fight the trend , does the shorts bite or something :annoyed:

Cheers
::thumb::

LOL :clap: :lol: :clapping:

Well, said...

 

[jamit_05]

why fight the trend , does the shorts bite or something :annoyed:

Cheers
::thumb::

You are Cent PerCent right in saying so. I got so wound up in expecting a support in this region that I stopped looking for shorts entirely !! (Hv been yelling "oversold... oversold" since 5900 !! Ego you see... )

Thanks for stopping the madness...

 

[jamit_05]

Long Soup Entry does not appear valid.. market went down long enough...

 

[Rish]

Long Soup Entry does not appear valid.. market went down long enough...

Jamit, please use Fibo when taking long or short as per turtle to avoid whipsaws ! ! ! !

 

[vinst]

Jamit, please use Fibo when taking long or short as per turtle to avoid whipsaws ! ! ! !

Rish,
can you please give a couple of examples about combining turtle soup setups with Fib. thanks

 

[vinst]

today DLF showed turtle soup for intraday (not traded it due to budget day). good for plus one also tommorrow.

 

[anup]

@Jamit: amit bhai kaha hai aap...All is well at your end??

 

[jamit_05]

@Jamit: amit bhai kaha hai aap...All is well at your end??

Will take trades on a fresh trend now... will keep posted..