Linkon's DB-BB system...!

sold the 5300 put at 107 as hedge...to the NF short...
SL now at 5305...
positional...

price never hit upper bbtop2.25 in 2 min tf... it came back to the bear channel... and if the previous piercing candle (5275.6) got taken out..its going to go down some more...

lack of momentum makes trading difficult... so decided to hedge positions by selling 5300 put...

also divergence is showing in 2 min TF.,..

divergence in 5 min also...

going to hold the NF short and 5300 put short for tomorrow...
sl for NF is 5310...

have a nice day...!

:clapping::clapping:But NF/MNF takes support on 5268-70, I bouht 1 MNF @ 5270.

Also sold 2 MNF @ 5282 bouht @ 5265 on Fday.

Pls advice about my position. Thanx in adv
:clapping::clapping:

Its totally directionless. Toss a coin and one can choose the direction based on that. Total lack of momentum and this makes trading without any precaution a bit tough.

Without any conviction on either side, playing positional is a not very advisable.

Thanks Linkon for sharing your trading system. Good to see that u have taken the ideas from other sources and PERSONALISE them to fit YOU. That's the way to go.
I am sure, this must be giving u consistency in trading performance..

All the best and happy trading

Thanks a lot.

My biggest problem was execution and this is helping me pull the trigger without fear. Since every possible outcome is catered to... all i have to do is follow the rules and ensure i dont get carried away by my own opinions.

What a great work..Linkonji congrats once again......and amazed by your ability to give and share without any holdups...keep it up please.....All roads leading to your thread....great
:clapping::clapping::clapping:
Sreenan