TRITURBINE on Breakout; above 310 for Intraday on Wednesday
TRITURBINE on Breakout and with good volume; above 310 on Wednesday 22nd Feb for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
تم فتح الصفقة:
opened lower than trigger price but rebound from 306
تعليق:
now 311.75
تعليق:
retracing due to negative broader market
تعليق:
strict stoploss at 308
تعليق:
strong selling expected if it does not sustain 311
أغلقت الصفقة: تم الوصول لوقف الخسارة:
Stop loss hit at 308
تعليق:
Fresh entry only above 310.5 / 311 (only if it sustains for 3/5 minutes
تعليق:
reached 311 again
تعليق:
risky entry @309
تعليق:
will book out if it fails to cross 311 again now
تعليق:
keeping a close SL @307.5
تعليق:
inching to 309.7 at 11:57 am
تعليق:
310.20 now
تعليق:
booking out @ 310.20 now
تم إغلاق الصفقة يدويًا:
small target as broader market is negative
تعليق:
missed out some more... 311 now
تعليق:
inching up to 312
تعليق:
retraced from 312 to 309.7