iCharts Discussions

[forexmoney]

hi gm to all....

[DEWGH]

Hi Parray sir and seniors

Is it buy or sell?

[sonila]

Is it a buy @ 5158 @ 11 am as per system ?

[forexmoney]

hi,bot at 5160,as per system says....

[forexmoney]

hi,solded at 5151

[sonila]

Hi all, is it a SELL @ 11.56 @ 5152 as per system ?

[forexmoney]

hi,booked at 5131

[nakum]

smart trader ????

[nakum]

Hi guys

today is lots of whipsaw

an active trader trade every signal

but smart trader trade only profitable signal

[amolvpatankar]

hi friends..today I traded on every signal..but due to whipsaws and loss booking, did not traded last trade which gave short signal at 5150 and alas....It would have covered all the losses..Moral of the story ..do not commit the mistake which i have committed today..have unshaken faith in the strategy you follow and rest assured that you will end up in making profits...

[sonila]

Nakum, plz explain, in today's context, which signals are profitable and which are not.

[nakum]

today i trade 1 buy signal and 1 sell signal than i see nifty play in range of 5144-5175 so i put two order 1. SL buying in 5180 and 2. SL selling in 5140

after braking range lower side my sell trade activeted and give me 50 point

[sonila]

Nakum, i understand ur point that the second order i.e. Sell got triggered @ 5140 . After ur sell entry, for profit booking of 50 points, what method u applied ?signal to signal or 50 point or anything else ?

[nakum]

I book profit half qunt, 25 point and another half qunt. 50 point but today full qunt profit book in 50 point

[parray]

5 trades - 4 in loss one in profit. overall +45 points. moral of the story stick to the strategy.

i am trading signal to signal with 4 mnt tf. i can give you lot of information about buy sell areas that will only burden you and put you in to more confusion as all that reflecting in the strategy with signals thus do not look at any thing else just look at the two lines i call them TAKDHEER KA LAKHEER...

bye for now...