Intra Day Fade Trend Trade Pattern

Short Silver Micra Futures

Overview

Technical Analysis

• 240 Minutes Trend as per indicators I track is positive

Trade Management

Trade Review

• I offered at 36609 “1/2N” position size which is half my normal position size and I risked less than 10% of Intra day stop loss on the trade

• The trade is referred to as intra day fade trend trade setup as the intra day trend is negative whilst larger trend w.r.t 4h charts is positive whereas intra day fade trade setup aims at various timeframe trend holders stop losses

• I was patient enough in the trade • I bid (36468) myself out near the day’s low until this point of time

as I had to attend a non trading related task and I would have been away from screen not able to adjust my trailing stop effectively

• I did a good job in managing this trade• In terms of trade process I would rate this trade a 6/10