General Trading Chat

pratapvb

Well-Known Member
ST Da,
In VP method, we would wait for a rally and failure to take out the high, to get short, am I correct?

If it keeps falling, will there be a short somewhere?
1. if we are above VPH then we are in long mode and looking only for longs

2. if it pvts around the ERL at last VPH and then fails we short for failure trade
 
ST Da,
In VP method, we would wait for a rally and failure to take out the high, to get short, am I correct?

If it keeps falling, will there be a short somewhere?
From your question I get a feeling that you are determined to short...system or no system. We short the gap open and low of the first bar if we have a sustained move and a gap open or we try to catch exhaustion gap.Today the upmove is not even 1 day old ....

From the questions I get a feeling that people want to catch all the turns of the move and they want some system for that. That is not possible...on system you can catch only 50 % of the moves ie moves in line with that system. For catching all the moves one needs to be a Michael Jackson or Birju Maharaj ( great Kathak dance guru )of trading....and such genious dont need any system...they are system themselves.:D

Smart_trade
 

wisp

Well-Known Member
From your question I get a feeling that you are determined to short...system or no system. We short the gap open and low of the first bar if we have a sustained move and a gap open or we try to catch exhaustion gap.Today the upmove is not even 1 day old ....

From the questions I get a feeling that people want to catch all the turns of the move and they want some system for that. That is not possible...on system you can catch only 50 % of the moves ie moves in line with that system. For catching all the moves one needs to be a Michael Jackson or Birju Maharaj ( great Kathak dance guru )of trading....and such genious dont need any system...they are system themselves.:D

Smart_trade

ST Da!!!!!!!

You misunderstood me.. I am only watching today's visuals, no entry....but just want to be sure.....

Please see my order book for today

 

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