Yes 13 countdown are completed.Use a qualifier that 11th,12th and 13th CD bar should have successively higher closes.With this qualifier,the 13th CD bar gets completed at the highest bar (second last bar).The last bar gave close<open so it is a sell.Stoploss will be at level of bar length of the highest bar added to the high of the highest bar.Stoploss to be seen on closing basis..
Take a trade and keep stoploss and if the stoploss is hit,it means Market will go much higher.If the trade works out,we have a red TDST for profit booking.
Smart_trade
Sir, few more queries regarding trade management in TD sequential positional:
1. Once we enter and say it goes against us on the day of entry, should we exit (as we do normally)? Or
Once the trade gets executed only the SL or Target can get us out?
2. If it moves in our direction do we trail, if yes how?
3. As the trigger candle appeared on Friday (in Ambuja cement), should one enter during the closing minutes of that day (Friday), so as to take benefit of an 'in favour' gap open?
Vivek