Dear ST,Took just one trade in the evening when there was range break out pull back to 5288 and got 18 points because of pre-fed limit sell order.Hind sight that was luck.Any methodolgy for IR ? Today I observed that there was small range over range and I was observing the points where there can be a possible large orders. I think for days with such upward opening thrust with large volume , CT can be very risky.rgds~Ajith
AjithYou are right . Very dangerous to trade CT on these kind of days. Market is clearly in control of the higher time frame players and they dont care about our decision points. Our methods will work when the market is in control of the day trading brigade.And they do most of the time.ST
Dear ST ,Thx.Any time limit capping for marking IR ?rgds~Ajith
AjithIR is a minor variation of opening range. For OR people fix a time limit like 15M, 30M etc. Who are we to dictate the market to respect our time limit ? So I discarded this time element. IR is the real range. Will make a separate post on this later.ST
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