How to enter with breakout strategy
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I am new to P&F chart and want to know when to enter or at which value can put GTT order?
In below case, anchor column high is 3196.2. So assume that, x column goes above 3196.2, then at what price should I enter?
In this case, if I want to keep GTT order then what should be that?
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SIR YOU CAN DO ONE THING KEEP CURSER ON LAST COLUMN OF X YOU WILL GET TWO PRICES DTB AND DBS YOUR ENTRY SHOULD BE ABOVE DTB ANT SL SHOULD BE BELOW DBS TAKE QTY AS PER YOUR RPT
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@Sachin Jaganade you can try the GTT value As DTB value and SL value is DBS but always calculate the difference between DTB and DBS, It will give you the SL (%age) to check the affordable risk.
And trailing SL value is DBS or HP value whichever is closer to price..
And all must be on the hitting basis.. so it will give you the confidence -
Thanks. So I don't need to wait to form x above the DTB value.
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Thank you all
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@Sachin Jaganade
DBT value is already one box above the old X column so no need..
But you can't capture it in running (X) column without pre-planned GTT order. so 2,3,4 above DTB in running are also good entry points but please check the affordable risk..
