General Trading Chat

vijkris

Learner and Follower
If market opens in yesterday's afternoon range so do we keep avoid whole day or only morning session.
I also had same confusion. for me convincing and objective answer came from Yday Vwap range. if price today is in yday vwap range, expect sideways and choppiness.

it was evident in tatamotors and tata steel chart today.
 

vivektrader

In persuit of financial independence.
bro, as far as I know, he has understood the concepts nicely. more screen time is needed. vivek star trader has already born, waiting for him to shine more brightly. :clap:
Wait would be in years, you will have to keep standing and waiting for long, better have a chair.:)
 

vijkris

Learner and Follower
Wait would be in years, you will have to keep standing and waiting for long, better have a chair.:)
Bhai, gatimaan express pakdo, I m also close to shining star. ;) :rofl::lol:
 

vivektrader

In persuit of financial independence.
I also had same confusion. for me convincing and objective answer came from Yday Vwap range. if price today is in yday vwap range, expect sideways and choppiness.

it was evident in tatamotors and tata steel chart today.
Tatasteel flew today, wasn't choppy at all as per IDF.
 
my 1st short was @ 7620=failed
2nd short was @ 7630=failed-this wasnt a pivot as per rule..but a pivot for me.

didnt consider yesterday range..and paid off

:(
Shorting area was 7645-55 and covering area was 7620-10. Sideways day with negative bias.There areas were clear on VWAP bands.

Smart_trade
 

vijkris

Learner and Follower
lil confusion in words..
what is Yday vwap range vs todays vwap range :confused:
yday vwap range = yday vwap,yday +-1sd range

today vwap range = today's vwap and today's +-1sd range
 

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