Thursday, 10 March 2016

11 comments:

  1. Many many thanks for your continuous updates, URD!
    Sunil

    ReplyDelete
  2. URD,

    Why u ignored Bof of brn short signal at 2:12pm candle?

    ReplyDelete
    Replies
    1. Rose

      Have a look at this,
      http://charttechnicals.blogspot.in/2016/01/quiz-1.html

      URD

      Delete
    2. Hmm..got it..its funny i forget my own rules some times... These are games our mind plays.

      Delete
  3. One more thing..today i tried to plsy with mental/ soft and physical sl concept... I think this kind of appriach works in trending markets with complex pullbacks..

    Ur thoughts?

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    Replies
    1. Rose
      I do not want to play with the fire. I am comfortable with my current system of placing the initial SL.

      URD

      Delete
    2. URD,

      No change with initial sl... Mental sl comes handy only when market trending down.. In form of series of ranges.. And complex pull backs into adjusant ranges..

      If i am not clear, can u check my market commentary once.. Only if ur time permits.

      Delete
    3. Rose

      I got your point. I don't believe in mental stop. Mental stop means you play with the fire. It has power to make you bankrupt in just one trade.

      URD

      Delete
    4. URD,

      Agree, thats why i use combination of physical n mental sl.. Anyways thanks for ur time.

      Delete
  4. Hi URD,
    If any case swing low forms @ BRN around 2pm, then we can attempt a short trade is it right? like 04/03/2016 last trade.

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    Replies
    1. Sunil

      No. There you expect some consolidation after the run-up and not the reversal.

      URD

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