26th November 2014 Playbook Trade - Intra Day Fade Trend Pattern In Silver

1. Intra Day Fade Trend Trade
Pattern
Short Silver Micra Futures

2. Overview

3. Technical Analysis

4. • 240 Minutes Trend as per indicators I track is
positive

5. Trade Management

10. 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