General Trading Chat

[vikas2131]

But why is this sudden spikes.. even FTSE is in flat right now. Can we expect these spikes from the chart and indicators or only Stop losses should save us?

meaning...this move may not result into big move...

 

[Smart_trade]

Some short covering also expected now...the flag indicates 30-40 points move further remaining.

Smart_trade

 

[pravi_kanth]

:clap: breakout

So many sudden spikes, can they be genuine to be confirmed as breakouts.

 

[headstrong007]

But why is this sudden spikes.. even FTSE is in flat right now. Can we expect these spikes from the chart and indicators or only Stop losses should save us?

real trade..shorted NF below 7550.. about 20pt profit.. not booked.. SL hit..50pt loss...
reversed 7600+..booked 7700+..100 pt profit. Net 50pt..
moral..Stop loss and reverse should save us..keep calm never miss 2nd trade aftr SL hit..

 

[Smart_trade]

But why is this sudden spikes.. even FTSE is in flat right now. Can we expect these spikes from the chart and indicators or only Stop losses should save us?

Market can do anything...we just watch various levels ..and trade. After 7602 we are in long mode in swing also...

ST

 

[headstrong007]

Today faced disconnection in nest during fast spike. any one faced?
Already put sl & reversed.. so saved somehow...
but why disconnection during big fast move always.. operator ka chakkar hai.. jorur..:annoyed:

 

[pareshR]

When markets move from high to low volatility, they can frustrate the aggressive trader. When they shift from low to high volatility, they become threatening for risk-averse traders. The volatility of markets contributes to volatility of mood because the potential risks and rewards of any given trade change meaningfully.

 

[headstrong007]

lagta hai bahut sari short position trapped ho gaya hai.. market ab jaldi 7600ke niche girega nahi..IMO..

 

[vivektrader]

Now that the market is closed, where should the nifty long entry have been, over 1:20bar?

Sent from my ONE E1003 using Tapatalk

 

[praveen98]

lagta hai bahut sari short position trapped ho gaya hai.. market ab jaldi 7600ke niche girega nahi..IMO..

Yes Head strong Bhai,
The pattern says so....The "Bearish signal reversal " a special pnf pattern...
See the link below(post :105)

http://www.traderji.com/advanced-trading-strategies/56061-point-figure-chart-analysis-11.html