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Today Using 200± Straddles (Nifty)

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  • CrX Offline
    chandan kalyan-1751992748312C Offline
    CrX
    wrote on last edited by
    #1

    67dbf954-acbe-4dcf-b307-f764daf2041a-image.png
    1st - Today Gapdown Open

    2nd - 25100 Straddle (P&F) - Decay.
    25500 Straddle (P&F) - Expansion.

    3rd - Index Continue Consolidation 9.50 . then a big red candle Price break VWAP & Continue down.

    4th - i Compare 25100/25500 . a huge deference i notice, 25100 down path clear. and notice at 25500 there is yesterday L3, So i am thinking That can be reversed at any moment. & also 25100 has D-smart Below but 25500 stay has D-smarts Inside.

    5th - Straddle first Entry Gave, but i use 0.5 box size thats reason my entry missed. When the price completes the my first target , I also decreased the box size to 0.25, then i saw the pattern became active at 9.59 in the morning.

    (This was my Mistake Today, A good trade Missed )

    I am Beginner and that my today view - ( Day - 3 Straddle Trading )

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