March 11, 2015

NIFTY intraday charts futures

- break of first box was short trade - I did not trade this as markets were very close to support
- second box breakout was long trade - I did not trade this as markets were close to day's high/ short area
- I traded breakout of 3rd box ... breakout failed and exited trade at marginal profits
- I got small profits because I went long before the breakout actually happened (see candlesticks)
- Had I traded long AFTER the breakout, the trade would have been at a loss.




No comments:

Post a Comment