General Trading Chat

[vivektrader]

ST sir, your knowledge and patience is immense, we highly appreciate it.
Thanks
Regards

 

[wisp]

da, We will already get out when minor uptrend starts before it breaks above VERL1. My question was on the validity of VERL1 and now its clear.

As last example for this from SBI chart below.
Price has resumed Visual downtrend after lower degree uptrend.
In this case, we are short. VPL5 is initially our Visual ERL below which bias remains short. Now an earlier VPL breaks down in last few bars - VPL1 which was the visual low before lower degree uptrend started.

Here, Once price move continues - will Visual ERL of downtrend move from VPL5 to VPL1?
thank you

Once price is above ERL - Long above pivot break.

Are there not more VPH VPLs in this chart?

 

[Subhadip]

If someone can trade with AlBrooks etc...then he should delelop that method.I tried AlBrooks but was not successful with it....my fault, so I had no choice but to learn ITF and all its subsystems.

ST

Rightly said sir.

 

[pratapvb]

in VAH-VAH 7464-7511
in open noise range 7475-7514
between TF bands

not much direction to trade

 

[bikashkumar11]

edited.......

 

[traderniftybank]

IMO, any move in NF below 7480 may prove bad for bulls health.

 

[TracerBullet]

Are there not more VPH VPLs in this chart?

yes, but i removed them later to keep it cleaner after gap up as vERL for uptrend ( gap up that failed) was same.
The one on the right too - All prices within 1 red bar - i dont want to micromanage too much for a tick break. It only makes trend as sideways after tick break failed and trend resumes below 5 - same as looking at Inside bars.

Does not effect question.

 

[Fundootrader]

kya hua everyone busy scratching their heads with this stuck market & soh or busy trading

 

[traderniftybank]

BNF 15346 high so far, will it move to 15375 - 400 or not.

 

[blackberry]

kya hua everyone busy scratching their heads with this stuck market & soh or busy trading

are nahi bhai 20 points scalp kiya abhi,screen se najar nahi hat ti jab tak sauda khula rehta hai