General Trading Chat

[Smart_trade]

ST Da ,
Do you remember " MS SHOE EAST "

FAMOUS STOCK IN THOSE DAYS ....DO YOU REMEMBER THAT STOCK ...

THAT IS MY PRIMARY ALLOTMENT ...I EARNED LOT IN THAT STOCK ....

If you are not known that stock ?... i think you are trading at that time ....

Rank aqua ...water base ....like that

Rank Acqua and Waterbase I had held those shares that time. MS Shoes East heard about that stock but never bought.

ST

 

[SwagatN]

Vijay bro,

I guess you are using same mp-VP concpet on 30m for swing trades. Then in your chart if BNF short trade, there is a minor pivot high on friday which was taken out in last hour. After that opening gap high is also taken. So I guess one should have liquidated the shorts by that time. By the time market closed no further minor pivot was broken.. So how will one carry short from friday to catch today's fall
??

 

[VJAY]

Now what? After a down move of 315 points, i don't think intraday traders have any trades left.

Today is a great day for Positional Short players. :clap:

Vijay bro,

I guess you are using same mp-VP concpet on 30m for swing trades. Then in your chart if BNF short trade, there is a minor pivot high on friday which was taken out in last hour. After that opening gap high is also taken. So I guess one should have liquidated the shorts by that time. By the time market closed no further minor pivot was broken.. So how will one carry short from friday to catch today's fall

??

Yes if you follow mp things as per rule....thats where we need some tweeks for swing trading
am not follow that mp rule exactly same here on my swing trades....actually its flag formation...also I have ERL there so no need any urgency in lowering stops...whenever gap happen with our trade then have rock rule for lower stops ..its FLOW rules

mph concepts same for make VP's ...but lowering stops rule different....

 

[niftyoption]

Rank Acqua and Waterbase I had held those shares that time. MS Shoes East heard about that stock but never bought.

ST

your knowledge reflects you are also in market around 1990 s ....
:thumb:

 

[Dax Devil]

If this is how the most awaited mother of all bull runs look like then I say: keep going, mama! :lol:

 

[SwagatN]

Yes if you follow mp things as per rule....thats where we need some tweeks for swing trading
am not follow that mp rule exactly same here on my swing trades....actually its flag formation...also I have ERL there so no need any urgency in lowering stops...whenever gap happen with our trade then have rock rule for lower stops ..its FLOW rules

mph concepts same for make VP's ...but lowering stops rule different....

Vijay Bro, the flow method that you are trading, is it a Stop loss based system or SAR system ??

 

[Smart_trade]

If this is how the most awaited mother of all bull runs look like then I say: keep going, mama! :lol:

10 to 20 % corrections in a bull market are very common. Last bull market also had such corrections and after the corrections we made newer tops...for trading we have to trade every intermediate uptrend and downtrend in the ongoing bull market.

Smart_trade

 

[VJAY]

Vijay Bro, the flow method that you are trading, is it a Stop loss based system or SAR system ??

Dear Swagat,
Earlier (2 year before) I traded it SAR based....now stop based with my some tweeks
now look I lowered my SL ....here its even not mph...I lowered...why?you can get it from my chart..

 

[amitrandive]

Lots of trends still in Nifty Futures

5 min charts of Nifty Futures

 

[Dax Devil]

10 to 20 % corrections in a bull market are very common. Last bull market also had such corrections and after the corrections we made newer tops...for trading we have to trade every intermediate uptrend and downtrend in the ongoing bull market.

Smart_trade

This doesn't look like an ordinary correction. To me this is the begining of summary execution of bulls, smart trade. Fingers crossed.