Intraday Trading with Gann

[balaj78]

I am using LTP because at 9.30 nifty is trading above VWAP price....So whenever nifty trade above vwap at 9.30 use LTP price....because in case nifty in bull run you will never get the buying level...Same thing apply to bear market....My TSL hit book the -27 point...

Okay now againg sell at 5092 and buy at 5114 ,correct

 

[rammmeo]

yes always save your money from SL....

k thanks buddy...
now for new levels we will watch next five minute candle
correct me if i am wrong

 

[ocil]

Same levels are still valid....As next candle closing price is 5101/2.....IF Second SL hit My day will be over....

 

[rammmeo]

Same levels are still valid....As next candle closing price is 5101/2.....IF Second SL hit My day will be over....

tht means tht i hv correctly understood
tht we hv to see the 5 minute candle after every trade for new levels

 

[ocil]

tht means tht i hv correctly understood
tht we hv to see the 5 minute candle after every trade for new levels

yes. if 5112 hit my day over with -127 point booking....no issue....no system will give 100% profit everyday.......only we can minimize the SL....Always use money management....

 

[malunana]

NOW Charts show Today's high of NF is 5108

 

[ocil]

NOW Charts show Today's high of NF is 5108

boring market...

 

[malunana]

My question is, if so, how ur TGT of 5112 reached?

 

[rammmeo]

My question is, if so, how ur TGT of 5112 reached?

its not a tgt its a SL for sell order at 5994

 

[Aarav11]

My question is, if so, how ur TGT of 5112 reached?

OCIL said "If nifty reach 5112 then his SL will hit". So it is still not hit.