@ Jetking Good to see you query...
On 11th shorted nifty below 8086,,, on 12sep nifty made a high of 8014 but we are remain shorted because it was just spike not even sustain for 1-2 min abv 8013. lets wait if it convincingly moves abv 8015
For tomorrow 8DMA is 8091 so initiate your fresh short position below it!!! target comes near 9021 maintain stop at 8118.
On 11th shorted nifty below 8086,,, on 12sep nifty made a high of 8014 but we are remain shorted because it was just spike not even sustain for 1-2 min abv 8013. lets wait if it convincingly moves abv 8015
For tomorrow 8DMA is 8091 so initiate your fresh short position below it!!! target comes near 9021 maintain stop at 8118.
trading is not a science,it is an art and i am of the opinion that rules should not be rigid,rather they should be flexible enough to adjust whenever required,while maintaining the original critaria
good going and that decision of yours of keeping the short open will pay today
waiting for your backtest report