General Trading Chat

[augubhai]

@ kiran How is lungi business going on? Are the Young people buying lungi products. Did the lungi dance number had an impact on lungi sales...

Why so much of analysis on lungi.. is dt where u gonna invest next ? (kidding)

Who is the largest lungi manufacturer in India. I heard that page industry is diversifying into lungi due to drop in sales of lowers....

Kitex???

 

[jain.er]

Lolz kitex is into infant products and I have invested a hell lot into that....the above product is farzi....and for the benifit of all I was kidding about this lungi stuff so don't waste your energy in replying.... Chill guys and keep minting....

 

[XRAY27]

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[niftytaurus]

Best price action is Lower top and lower bottoms,breakouts/breakdowns from sideways moves, change of trend, rejections and failures in the direction of larger trends. I found Al Brookes and Lance Beggs too many combinations and making simple things too complicated....personal opinion...others may find them useful.

With simple price action explained above, one can trade any market, any timeframe and be profitable....no need of some high sounding setups.We traders have uncanny abilities of making simple things too complicated .

Smart_trade

Dear St Da
Thanks for this valuable post..its very useful to know price action setups which are profitable & easy to understand...

I am trying to post some real charts for giving example of those price action setups for newbies like me for better understanding.I will post chart for each price setup..
St da Could you please give some more Price action setups like this which can be profitable..
My biggest dillemma of trading is how to fix rules for discreationary Price action Trading? because Pa is discreationary & involves so many variables..so how can we make fixed rules of it? But setps you give will really help in making i more systematic..
Here 1 Chart is nifty-f-15 min chart..Example of Breakdown from sideways..

Thanks

 

[niftytaurus]

ST Da's PA setup-2
Break down from sideways.nifty-f-15 min

thanks

 

[TraderRavi]

only 2 days left in April series .
NF Max pain 8400
BNF Max pain 18100

 

[nifty trade]

Good going guys

 

[nifty trade]

ST Da's PA setup-2
Break down from sideways.nifty-f-15 min

thanks

What software is this?

 

[niftytaurus]

What software is this?

this is my broker sharekhan charting platform trade tiger

 

[XRAY27]

niftytaurus bro !!!

How is your trading going !!!!!..seen you after long period...