JBMA on Breakout and with good volume; above 561 on Monday 20th Feb for Intraday gains
-------------------------------------------------------------
INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
-------------------------------------------------------------
INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday.
"High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders may book profits at this stage
Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice"
The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
การซื้อขายยังคงดำเนินอยู่:
Opened at 559
ความคิดเห็น:
570 now , up 2% from Tigger price
ความคิดเห็น:
Trailing SL are 566 now
ความคิดเห็น:
574 now
ปิดการเทรด: ถึงเป้าหมายการทำกำไร:
13 rs gain
ความคิดเห็น:
Classic breakout behavior
ความคิดเห็น:
Pull back and continuation
ความคิดเห็น:
Now, strength only if it crosses 574
ความคิดเห็น:
Trying SL of 566 not broken yet
ความคิดเห็น:
Trailing SL hit now
ความคิดเห็น:
Fresh entry only above 574..only if strong Breakout above that
ความคิดเห็น:
577 now
ความคิดเห็น:
578 crossed
ความคิดเห็น:
New SL for fresh entry 570
ความคิดเห็น:
579 now
ความคิดเห็น:
Booking out
ความคิดเห็น:
18 Rs upmove from our trigger price 561
ความคิดเห็น:
High of 583 so far