General Trading Chat

[WaveSurfer]

From whatsapp

 

[praveen taneja]

covered half puts bought at 29 now at 47 and entered in 7700 call april Jai Ram Ji KI
best trade to face FED

 

[cinderblock]

From whatsapp

Mallya's wondering why him. It's simple really.

A quote from American Gangster "The loudest one in the room is the weakest one in the room" :thumb:

 

[Trader_PK]

If NF holds 7440, edit 7500 to 7525+

buy above 7470...to target 7525...will be good intraday trade i guess

 

[Smart_trade]

Correction started on 9th day of sequential set up as expected.Nice downmove in daytrade and swing both...anyone trading on the chart must have made money today unless he is trying to be trading against it. Good day so far.

Smart_trade

 

[sherbaaz]

Correction started on 9th day of sequential set up as expected.Nice downmove in daytrade and swing both...anyone trading on the chart must have made money today unless he is trying to be trading against it. Good day so far.

Smart_trade

thanks for the input. what is the significance of completion of sequential 9. This is one aspect of TD seq set up I am not able to use in my trading on stand alone basis.
What i understand is that one seq is completed trend/impulse move is completed (it may further continue also). How to use it in trading any inputs you can provide.

regds,
s

 

[wisp]

Correction started on 9th day of sequential set up as expected.Nice downmove in daytrade and swing both...anyone trading on the chart must have made money today unless he is trying to be trading against it. Good day so far.

Smart_trade

Da, where was the correct short in ITF today?

 

[Smart_trade]

thanks for the input. what is the significance of completion of sequential 9. This is one aspect of TD seq set up I am not able to use in my trading on stand alone basis.
What i understand is that one seq is completed trend/impulse move is completed (it may further continue also). How to use it in trading any inputs you can provide.

regds,
s

On completion of set up , on 9th or 10 th day the market makes a short term swing point ( top or bottom depending on whether sell set up or buy set up ) This phenomenon is called Power of 9 and you can observe this in any timeframe from daily to 3 min. You can use it for booking profits if long...or even going short with the system one follows and with stops of course.

I have mentioned this on 8th and 9th day in our forum that short term top will be made here.

Smart_trade

 

[wisp]

On completion of set up , on 9th or 10 th day the market makes a short term swing point ( top or bottom depending on whether sell set up or buy set up ) This phenomenon is called Power of 9 and you can observe this in any timeframe from daily to 3 min. You can use it for booking profits if long...or even going short with the system one follows and with stops of course.

I have mentioned this on 8th and 9th day in our forum that short term top will be made here.

Smart_trade

Da, sometimes though it goes beyond 9 days I thought, marked by stars in the boxed area in the chart..

 

[Smart_trade]

Da, where was the correct short in ITF today?

7480-70 range.

ST