13th March 2012
Intraday Trading Using Camarilla , so for next one month lets follow this method and see what are the gains . In my EOD updates I will also write the gains/Losses by this method .
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Stock name Nifty
Open 5420.1
High 5420.1
Low 5327.4
Close 5360
HL5 5453 LL5 5,267
HL4 5411 Break Out on the Upper Side Break Out on the Lower Side LL4 5,309
HL3 5385 Go Long above these Go Short Below These LL3 5,335
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We opened at 5391 between H4 and H3 ...so we go long on breakout of H4 which is 5411 , and keep SL at H4+H3/2 = 5398 .
Update on Camarilla Trade ..
As we get to 5435 lvls we part book and move the SL= 5413 to cover brokerage incase we break 5413.
If I enter trade with just 1 lot then , Intraday I am good with 20 points ...if at all it goes above 20 points then keep trailing the SL.
Intraday Trading Using Camarilla , so for next one month lets follow this method and see what are the gains . In my EOD updates I will also write the gains/Losses by this method .
-------------------------------------------------------------
Stock name Nifty
Open 5420.1
High 5420.1
Low 5327.4
Close 5360
HL5 5453 LL5 5,267
HL4 5411 Break Out on the Upper Side Break Out on the Lower Side LL4 5,309
HL3 5385 Go Long above these Go Short Below These LL3 5,335
--------------------------------------------------
We opened at 5391 between H4 and H3 ...so we go long on breakout of H4 which is 5411 , and keep SL at H4+H3/2 = 5398 .
Update on Camarilla Trade ..
As we get to 5435 lvls we part book and move the SL= 5413 to cover brokerage incase we break 5413.
If I enter trade with just 1 lot then , Intraday I am good with 20 points ...if at all it goes above 20 points then keep trailing the SL.
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