General Trading Chat

[XRAY27]

Shorts below 8000 :lol::rofl::rofl:

 

[rahulmalik]

max COI shifted to 7800/8300

max COI shifted to 7400 / 8300

 

[Dax Devil]

Interesting thing is, both bull and bear don't show up in the mirror reflection. They should check out the Kremlin scene in Mission Impossible: Ghost Protocol, in which Tom Cruise befools the guard with moving Hi-tech reflective screen.

 

[TradeJoker]

Both bull n bear trapping each other , the broker always happy

 

[Dax Devil]

Both bull n bear trapping each other , the broker always happy

He is Tom Cruise behind the screen.

 

[lemondew]

These tails were very indicative today. Both above 8100 and around 8000.

3 tails around 8000 nifty futures in 5 min chart and moved up. Hence I thought it will save for the day.

 

[SwagatN]

ST Sir, I am facing few doubts in market trend and sideways range identification. Please confirm if the study in the following images are correct or not ? (Assume all the turning points are visual pivots)

Image 1 - Green line is ERL, Price breaks red line, downtrend starts.

Image 2 - Green line is ERL, Price breaks red line, downtrend starts.

Image 3 - Green line is ERL, Price breaks red line, downtrend starts. Then we have got a higher low and higher high. What is the current phase market in ?
Sideways or Uptrend ?

Image 4 - No need to draw ERL here, as visual trend turned sideways. Red line break, downtrend starts, as that has given the highset high. After the break down, we got a higher low and higer high. IN what trend we are currently in ? Sideways or Downtrend ??

 

[tvtaddy]

What you think of the monday trading calls, how the market will react then.

 

[jain.er]

Are these trades fine (paper one, time constrain) or they can be bettered?

 

[Somatung]

you mean 8 th candle bro?

i am trying but could you link your post where you have explained this concept?

Hi Princy01

No idea about your knowledge and background, so I do this post to keep it simple as your question was straight. And yes: Candle eight level could have been a most aggressive long entry level. But do not concentrate on me instead on dear ST and many other seniors and even new members here.

Still: No complete concept I posted ever, as this is not our work here. But giving hints many times I an others do many time. Posting a whole, deeply out worked concept which took months and more time until the one who trades it was able to understand, outwork all the details, knows in dept all the facts and clues in it would be out of question.

http://www.traderji.com/general-tra...68-general-trading-chat-1931.html#post1099568

From here you can read on if you want and you will find some other post with certain hints.

Any way: I wish you a most relaxed weekend and take care / Dan