General Trading Chat

[eku]

thanks for a detailed reply Dan

 

[amandeep86]

ST da,

If we build a trading setup using concept of "ST Gap",What other factors can be considered to increase the odds of Success.Idea is to trade only strong moves rather then all moves

backtesting based on simple entries on Pivot breaks after the Gap results in Positve expectancy,60% of times it gives entry with low risk and 2to 3 R ,but sometimes it will give entry at the almost end of move.

What other factors can be considered to improve the odds of success and reduce such late entries or shall be accepted as system trades ??

 

[XRAY27]

Where is xray bhai

yes.. XRAYbhai and manojborle

as "XRAY27 told Bottom line: Don't ask anything just stay in the forum as spectator if you want "

13 and 14th jans much conflict regarding paper trading or actual trading, posting trading logs and ego etc

TJ and Paresh bhai !!! i'm just following my trading ...have to watch both (intra+positional) so little busy in market hours...In this Jan series Baba nifty making me very busy...

 

[Smart_trade]

ST da,

If we build a trading setup using concept of "ST Gap",What other factors can be considered to increase the odds of Success.Idea is to trade only strong moves rather then all moves

backtesting based on simple entries on Pivot breaks after the Gap results in Positve expectancy,60% of times it gives entry with low risk and 2to 3 R ,but sometimes it will give entry at the almost end of move.

What other factors can be considered to improve the odds of success and reduce such late entries or shall be accepted as system trades ??

Few things I follow are as under :

1) Don't trade all the gaps.Trade 1st or 2nd gap.After third or fourth gap it is generally time for the move to end or go sideways.

2) Make sure that we have an extended move earlier so that the current move is likely to extend to some extent.

3) I have never used this observation as a stand-alone trading system.I have always used it to decide to hold the positions or not.So I have no idea how it will do as a system.I don't recommend it to be used as a system but one can incorporate it in the system with other subsystems to confirm the strength of the move.

4) It works better if the move is a breakout / breakdown from congestion or after a breakaway gap.

Smart_trade

 

[TraderRavi]

What is China's actual GDP? Experts weigh in

growth zero ??

Read more at: http://www.moneycontrol.com/news/wo...-weigh-in_5081201.html?utm_source=ref_article

 

[Wishmaster]

What is China's actual GDP? Experts weigh in

growth zero ??

Read more at: http://www.moneycontrol.com/news/wo...-weigh-in_5081201.html?utm_source=ref_article

China ka GDP bolo Economy bolo sab China Product ki tera.....fragile hai

 

[blackberry]

All FII prefers china most earlier.Market cycle pandle neeche chala to graph candle bhi gira.
And this crude going to be $5 .Saudi me khane ke lale padege.

 

[Singhraja]

St dashare any method with us out of your 4 method

 

[Smart_trade]

Traders need to be very careful and very fast now as with so much of turmoil,some kind of Govt intervention or monetary easing from China or Japan is due and we may have a verticle rally anytime...so trade with positions within limits and be fast if we see the reversal.

ST

 

[lemondew]

Were signs today noon itself.

Traders need to be very careful and very fast now as with so much of turmoil,some kind of Govt intervention or monetary easing from China or Japan is due and we may have a verticle rally anytime...so trade with positions within limits and be fast if we see the reversal.

ST