Wednesday, 14 September 2016

Sep 14 2016


No Trades Today. Didn't find any good entry. Channel made it difficult to trade.

5 comments:

  1. Nicely avoided shashank. I took a trade at 12-30 PM which is scratched.
    Later i realized it is a CT trade and also taken at range high. I shouldn't have taken this trade.

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  2. Can you pls share your thoughts at that point of time

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  3. Hi Shashank. A tough day, it was.
    I have a question for you. Plz have a look at this pic:
    http://imgur.com/OMKTe5w

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    Replies
    1. Hi Sunil,
      In the First Area Uptrend was quiet strong, Down Trend had just started to show.
      Now for first short, FTA was the Flip which was formed at 11:50 to 12:15 (roughly). It will definitely find resistance there. So short is not good there.

      For second short: After resisting it look at the space hardly 15 points you will be risking 10-12 pts. Low quality trade. Resist.

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    2. Thank you so much for the explanation..

      Delete