Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
But it looks very weak. So trailing stop loss needs to be updated quick. I might sell OTM call options. I will share once I enter it
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
But it looks very weak. So trailing stop loss needs to be updated quick. I might sell OTM call options. I will share once I enter it
Trade closed: target reached:
12 points
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