The Last Trade on Nifty Shorts - A DECMA2023 Strategy
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Interesting,
Sir, where and how can we learn more on this strategy, Unfortunately I was not able to attend DECMA 2023.
Please guide -
Sir would this be Stop and Reverse, I mean today would we go long as there are no double wicks or wait for the follow through day. Thank you
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Interesting. Thanks for sharing. Do you suggest using any indicator (SuperTrend / MA) to reduce whip-saws during sideways phase ?
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@Purav Choksi HUF Yes it went long at 1:15pm.
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@Brijesh Bhatia Can you explain this strategy in brief as I did not attend DECMA 2023.
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@Brijesh-Bhatia Sir! Can you explain the strategy? I wasn't a member of Definedge when DECMA 2023 happened.
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@Brijesh Bhatia too good, looks like a great setup, have done some backtesting on it after DECMA,, thanks for sharing your knowledge, this last one was a great trade and I have been observing your trailing SL method, it looks good on all momentum strategies. thank u once again.
For me, this was the best takeaway from the whole event. -
@Pavan Talwani Will check with Definedge Team and update.
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@Brijesh-Bhatia Sir Are you following previous 3 candles highest high or lowest low as stop loss or just trailing till reversal ?
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@Brijesh-Bhatia Sir! What if you get a reversal signal in the 3:15 to 3:30 candle? You go long or short as per the signal right at the opening?