I am taking position in Options after identifying setups from NF chart. also for trialing, i keep SL's below swing points.. today there were 2 instances (like marked in chart), trial sl hit in option,, but in future chart trial sl not hit.. means swing low in future chart is not crossed.. means trade is still valid. in first instance i bought back position again but in 2nd instance it moved very quickly not allowing re-entry for me.
hope it is clear. you can see NF chart and 12100 call side by side and see once.
Yeah, can use spot as well. though NF is primary for me, i do refer at NS if it supporting my trade or not.. if a setup is supported by PA in both, well and good. else i apply i will be cautious in managing trade.
Hi, what's the meaning of 'trial stop hit in Options but not in NF' ? I didn't quite get that. Thank you!
ReplyDeleteI am taking position in Options after identifying setups from NF chart.
Deletealso for trialing, i keep SL's below swing points.. today there were 2 instances (like marked in chart), trial sl hit in option,, but in future chart trial sl not hit.. means swing low in future chart is not crossed.. means trade is still valid. in first instance i bought back position again but in 2nd instance it moved very quickly not allowing re-entry for me.
hope it is clear. you can see NF chart and 12100 call side by side and see once.
ohh ok, I think I got mixed up on Trail and Trial ...
ReplyDeletesecondly, why not use Spot chart to trade Options? Thank you!
Yeah, can use spot as well. though NF is primary for me, i do refer at NS if it supporting my trade or not.. if a setup is supported by PA in both, well and good. else i apply i will be cautious in managing trade.
Delete