UPL Short below 458.5 (only if 5 min candle close below 458.5-458.6) SL: 5 Point TGT: about 8 points (will update later)
עסקה פעילה
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Shorted 1 lot Fut @ 459 Spot (pullback)
הערה
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Revised SL: above 459.15 (Just 0.15 Points from my entry)
TGT: 450-452
הערה
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Safe traders can exit @ CMP (457 spot)
הערה
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5 min candle patterns showing reversal signs - hence told to exit,
Slight bullish momentum seen - if you are not wanting to take whatever profits now, you can trail the SL to entry prive (so as to exit cost to cost) and keep TGT of 452
עסקה סגורה: היעד הושג
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Self exiting @ cmp 0.5% profit booked
הערה
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Phewwwww.. That Candle ---- tested the patience a lot - just now hit the tgt - Unfortunately I am out of trade (Hope those who revised the SL to entry price - would have now easily booked the profit). :)
הערה
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Shorted @ 459 spot Revised SL: 459.15 (actual SL was 5 points) Tgt hit @ 452 (but I exited at 456.5-457) Risk:0.15 points, reward: 7 points (myself only 2+ points)
Hi, UPL is in uptrend and a breakout was expected soon. Today after such a strong opening and good volume for the first 30 mins, what made you short it? Just want to know your thought process here, it was a wickedly clean trade though :)
theTradingSailor
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Previous video that was uploaded was not good, reuploading again.