General Trading Chat

[ganeshams]

Zero sum game

yeah bhai, keep on adding zero's end result is still same zero....
But recently a year back Invested in chenpetro,India bul housing fin, lupin ... they gave good returns more than 100% as invested spare money in the range of 2 t 5 k still does not make significant difference

 

[wisp]

not trading for few days but for theoretical purpose .

ST bro .

but visual trend had not turned up on 3 minutes if i am right , and even 15 minute visual was not up today , so when a 15 minute minor downtrend stared after todays 15 minute low break , was not that a great entry into shorts ?

What you have drawn is the way Tavnaz looks at it...

but the VP system looks at that price move like this, ST Da please correct if wrong...

 

[nifty trade]

What you have drawn is the way Tavnaz looks at it...

but the VP system looks at that price move like this, ST Da please correct if wrong...

none the less , only previous VPH was taken out but new VPH made but not taken out so visual trend was not up but sideways ,and since we were on upper side of sideways move , after 15 minute minor trend confirmed , the short was possible to play and make money .

thats what i think ,not traded though

 

[Fundootrader]

Anyone took long position and carrying over for tomorrow ? What's your perspective for trading long and keeping position open

We will have up day tomorrow - given ECB decision, oversold zone and us markets moving to positive zone @ open due to ecb -- > But all this can ping pong and these markets may go down while we sleep.

So interested to know long position if anyone is holding from price action perspective

 

[wisp]

none the less , only previous VPH was taken out but new VPH made but not taken out so visual trend was not up but sideways ,and since we were on upper side of sideways move , after 15 minute minor trend confirmed , the short was possible to play and make money .

thats what i think ,not traded though

How come bro? once VPH was taken out with a gap up, we were in Visual Uptrend. Making money can be done in many ways, the question is what was trend according to VP system ? Visual trend was Up.

 

[nifty trade]

How come bro? once VPH was taken out with a gap up, we were in Visual Uptrend. Making money can be done in many ways, the question is what was trend according to VP system ? Visual trend was Up.

i dont think so

because yes previous VPH was taken out yes ofcourse .................however where is a new VPH made and a higher VPL .........and after that where was it taken out ?................it was not , so when market turned down starting a 15 minute minor trend it was not an visual uptrend neither on 3 minute nor in 15 minute as per my thinking and understanding but it was a sideways market ....................at 1st maybe it was likely visual up but it never got confirmed

let ST bro clear about it , his views

 

[Blackhole]

 

[Smart_trade]

not trading for few days but for theoretical purpose .

ST bro .

but visual trend had not turned up on 3 minutes if i am right , and even 15 minute visual was not up today , so when a 15 minute minor downtrend stared after todays 15 minute low break , was not that a great entry into shorts ?

No there was no short as per the method till afternoon session when the market made a lower VPH and then there was a short trade at 7300 till the end,it gave a small trade of 20-22points.

After the event everyone will say we could have shorted on mpl break but that is not as per the system....system is designed to take care of most challenges the market throws at us but there is no system (Except our hunch system and we all know the fantastic results of hunch system) which will catch all the turns in the market perfectly and in real time.

Not elaborating further as most have not got the theory behind the method right.So let everyone trade as per his understanding.

Smart_trade

 

[amitrandive]

 

[Smart_trade]

i dont think so

because yes previous VPH was taken out yes ofcourse .................however where is a new VPH made and a higher VPL .........and after that where was it taken out ?................it was not , so when market turned down starting a 15 minute minor trend it was not an visual uptrend neither on 3 minute nor in 15 minute as per my thinking and understanding but it was a sideways market ....................at 1st maybe it was likely visual up but it never got confirmed

let ST bro clear about it , his views

No nifty trade your understanding is incorrect.We don't wait for confirmation of the trend....it will be too late if we wait for the confirmation every time.We trade on likely visual uptrend.

ST