Daily charts:
- trend is down on daily charts
- today markets closed flat at 11252
- AD was 4:5
- very good support around 11000-11100
- today 300+ stocks made new 52 week lows
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9aZEufRiCZXVf3GxpEEqyx3nymFcmJF5E5BR7cz9b_QZufk6rbIib94RMZL0wu_TM0sGcyblhsnWlK2M4gijrHwdCkvRA9WdUbJHCCVc0Y_jJFl_a0Lc4liQuC_bhpVgvGeGUCTulmQYA/s640/a.png)
3 min charts:
- traded long on breakout
- exited as per trailing SL
- did not consider short trades immediately
- later took a short trade just before fall
- covered on trailing
- last long trade gave small profits
- missed an excellent short trade with SL at 11300 (around 2.30pm)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEQrZjBl-bvl6Y4fren7Lvp-3h1QKhdFRs15N4S8VzJrB7iVbF9vjH499JRDPIhyphenhyphenBdOB67v1Jb5QKkERtl58pR2lI-B2-IjspB66llbGLrzjZguZ_DHp0zeKz3Coq9CstguLx6_9gOdPLf/s640/a.png)
Same chart with kplswing indicator
- always plan for a 3-4 bar low as trailing SL for long (and vice versa)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxFfyvB4fSydPUjXZHS8RG6lXdE_DEvF9ZOnld3yQCF7cjye2LG9CrhdUh8P9FMrTNLFzEshZD9t0fFB-rGdRVfekDNReNfO8q61ck2VO4A7ih77VbJ3dqfpiDXOQwlAT6nBpO4M75bmlH/s640/a.png)
5 min chart:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUUXJo5Rlh4fKShTy74FBgUUTczylT3ZPKzFIsl8SvnWZmdlbRAxmT7VECK9zXqSKf-XwFArBX9GzwXuVaAWlK4sRSMguQUDWrEkiYZZf2MXVl69Fzbr-5BQ4LZD2Ggk0LZBIN4HvaKmhW/s640/a.png)
15 min charts:
- I completely missed a double top positional sell here
- by same logic, there is a very good double bottom buy
- but this can be ignored as it comes at end of day and broader trend is anyway down
- so how I can I protect against a gap down tomorrow? I can't
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEggSeVxqg9Xyrej9BQuJgsJSiNfCmzkFFJ9Pddkt6ILKaSywZqcExPmxEY4iAJaI9n7W7QcpKmyipwywRzfFkLR1SNiyP0Mnrr0N0WB0Hw-Cc-ayPqhG6Lj-bCj9OldV2TxLdtbxA6KO6RR/s640/a.png)
- trend is down on daily charts
- today markets closed flat at 11252
- AD was 4:5
- very good support around 11000-11100
- today 300+ stocks made new 52 week lows
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9aZEufRiCZXVf3GxpEEqyx3nymFcmJF5E5BR7cz9b_QZufk6rbIib94RMZL0wu_TM0sGcyblhsnWlK2M4gijrHwdCkvRA9WdUbJHCCVc0Y_jJFl_a0Lc4liQuC_bhpVgvGeGUCTulmQYA/s640/a.png)
3 min charts:
- traded long on breakout
- exited as per trailing SL
- did not consider short trades immediately
- later took a short trade just before fall
- covered on trailing
- last long trade gave small profits
- missed an excellent short trade with SL at 11300 (around 2.30pm)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhEQrZjBl-bvl6Y4fren7Lvp-3h1QKhdFRs15N4S8VzJrB7iVbF9vjH499JRDPIhyphenhyphenBdOB67v1Jb5QKkERtl58pR2lI-B2-IjspB66llbGLrzjZguZ_DHp0zeKz3Coq9CstguLx6_9gOdPLf/s640/a.png)
Same chart with kplswing indicator
- always plan for a 3-4 bar low as trailing SL for long (and vice versa)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxFfyvB4fSydPUjXZHS8RG6lXdE_DEvF9ZOnld3yQCF7cjye2LG9CrhdUh8P9FMrTNLFzEshZD9t0fFB-rGdRVfekDNReNfO8q61ck2VO4A7ih77VbJ3dqfpiDXOQwlAT6nBpO4M75bmlH/s640/a.png)
5 min chart:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjUUXJo5Rlh4fKShTy74FBgUUTczylT3ZPKzFIsl8SvnWZmdlbRAxmT7VECK9zXqSKf-XwFArBX9GzwXuVaAWlK4sRSMguQUDWrEkiYZZf2MXVl69Fzbr-5BQ4LZD2Ggk0LZBIN4HvaKmhW/s640/a.png)
15 min charts:
- I completely missed a double top positional sell here
- by same logic, there is a very good double bottom buy
- but this can be ignored as it comes at end of day and broader trend is anyway down
- so how I can I protect against a gap down tomorrow? I can't
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEggSeVxqg9Xyrej9BQuJgsJSiNfCmzkFFJ9Pddkt6ILKaSywZqcExPmxEY4iAJaI9n7W7QcpKmyipwywRzfFkLR1SNiyP0Mnrr0N0WB0Hw-Cc-ayPqhG6Lj-bCj9OldV2TxLdtbxA6KO6RR/s640/a.png)
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