NexusFi: Find Your Edge


Home Menu

 





Intraday trading with acceptance rejection technique


Discussion in Trading Journals

Updated
    1. trending_up 1,540 views
    2. thumb_up 2 thanks given
    3. group 3 followers
    1. forum 3 posts
    2. attach_file 1 attachments




 
Search this Thread

Intraday trading with acceptance rejection technique

  #1 (permalink)
naveentalkin
Bangalore
 
Posts: 7 since Oct 2015
Thanks Given: 1
Thanks Received: 3

Hi Traders,

I am day trader & am trading indian market from past 3 years using price action trading which is called acceptance rejection technique at crucial/proven/important level. I mostly trade equity yesbank & occasionally nifty future.
I will post the charts which i have traded by eod.
trading TF is 3min for yesbank & 5min for nifty future

Some of the key words used in charts are
RH - Range high
RL - Range low
PDH - Previous day high
PDL - Previous day Low
DO - Day open
BOF - Breakout failure
BPB - Breakout pullback
BO - Breakout

P.S : This method is developed by SMART trader, I just modified it as per my requirement.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
Deepmoney LLM
Elite Quantitative GenAI/LLM
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Exit Strategy
NinjaTrader
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
Battlestations: Show us your trading desks!
26 thanks
The Program
18 thanks
  #3 (permalink)
naveentalkin
Bangalore
 
Posts: 7 since Oct 2015
Thanks Given: 1
Thanks Received: 3





As you can see in the chart I did only 1 trade & it moved well. In the morning i missed the sell trade which is BOF of range high at that point of time i was bullish becoz of trend gap up & looking to take BPB trade @ RH so took late entry.

Reply With Quote
Thanked by:
  #4 (permalink)
naveentalkin
Bangalore
 
Posts: 7 since Oct 2015
Thanks Given: 1
Thanks Received: 3

This Post is shifted to Traders Hideout section


Reply With Quote




Last Updated on October 12, 2015


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts