HOW TO TRADE ON GAP days✈🛩
🧵Do RETWEET if you felt useful
I personally wait for the First 15-20Mins. Let it settle from Josh
Condition: 1
Then I'll look for Days low (if gapup) reversal like in the BELOW chart or I'll wait for Days high reversal on Gapdown days . 👇
🧵Do RETWEET if you felt useful
I personally wait for the First 15-20Mins. Let it settle from Josh
Condition: 1
Then I'll look for Days low (if gapup) reversal like in the BELOW chart or I'll wait for Days high reversal on Gapdown days . 👇
After the reversal enter ABOVE the reversal candle high & keep STOPLOSS if any candle close BELOW days low .
TARGETS can be kept at days high or prv day high or the closer RESISTANCE .
Ok but wat to do if there was no reversal candle setup??
👇👇
TARGETS can be kept at days high or prv day high or the closer RESISTANCE .
Ok but wat to do if there was no reversal candle setup??
👇👇
Condition : 2
There will be days we dont get reversals , Check below chart in BANKNIFTY on last Thursday.
Good gapup but we didn't got any reversals from days low.
on such occasions I'll be looking for days high BO &
STOPLOSS can be kept BELOW BO candle low.
👇👇
There will be days we dont get reversals , Check below chart in BANKNIFTY on last Thursday.
Good gapup but we didn't got any reversals from days low.
on such occasions I'll be looking for days high BO &
STOPLOSS can be kept BELOW BO candle low.
👇👇
Even after days high BO there was no big move on the upside. Just because of expiry day options almost expired worthless in Selling.
Big example why one should be a trader, Rather than only a seller or buyer in options .
Take POS according to the
(DTE)Day to expiry
Big example why one should be a trader, Rather than only a seller or buyer in options .
Take POS according to the
(DTE)Day to expiry
Hope it will be helpful for you to take positions in coming days
Thanks for reading
Happy weekend 🙏💐
Thanks for reading
Happy weekend 🙏💐
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