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I-Fund-Trader
May 20, 2018 10:34 AM

Sell on Rise or Brake of the Current low in Futures Short

JSW STEEL LTDNSE

Description

If price moves up in 1 Hour sell on reversal with stop 343 and forecast target is 275 , for low risk trader can place the stop on reversal candle they look to sell

Trade active

Trade closed manually

form 340 to 320 , Made 20 Points ,
Comments
YogeshSaini
sud I hold it for tomorrow I shot it today at 315?
I-Fund-Trader
@YogeshSaini, Why you sold it today @ 315 ?? , this post was posted on 20 and next day you would had a few points as profit , and if you read my post message i have clearly messaged that low risk trader can place the stop once price moves away , and short selling is only when you see reversal candle in 1 Hour , or bearish candle in 1 Hour , decision to hold it is purely your own , price may enter in a range bond form here before heading down ward , nothing comes straight, it will have all kind whipsaws,
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