General Trading Chat

[TracerBullet]

I tried to read the sequential thread but images are absent so it's a bit difficult and then I left it there. Now, I just read ST sir comment about TDST method and it's easy that way.

I have not read it yet. But these are some books that ST recommended

- Learn from DeMark books...that is the best source
- But his language is bit complex
- When I studied those books I used to break his sentences in small parts and then try to make sense
- It is not for everyday trading. But it catches reversals very well. It caught the bottom also this time

- Do you mean "The New Science of TA" ?
- This book is the first book of DeMark...it is not very good
- The second book "New Market Timing Techniques" is the best book
- Third book DeMark on daytrading options...but it contains most of what is given in second book
- There is one small book by Jesson Perl ... he is DeMark follower and that small book is also good ... written in simple language

 

[vikas2131]

Have trailed my sl to 20 points away on nifty and now and on wait and watch mode. Will exit tomorrow morning if its a gap down opening.

not expecting a gap down...stocks are already moving against..

 

[timepass]

not expecting a gap down...stocks are already moving against..

closing the lowest may cause some kind of gap down. Sentiment.

 

[vikas2131]

closing the lowest may cause some kind of gap down. Sentiment.

.............................................

 

[candle]

NF Quarterly Chart :

 

[timepass]

Candle, what are those EMAs and oscillators ??

NF Quarterly Chart :

 

[candle]

Not the original one sir, copied from another forum, just liked to share here...

 

[vagar11]

There is one small book by Jesson Perl ... he is DeMark follower and that small book is also good ... written in simple language
Reply With Quote

I will go with the simple one. Thanks

 

[monkeybusiness]

emapvt afl draws horizontal lines. never found trendlines

Vijaybhai,
Please read Pratap Sir's post 39127 in this thread


Quote:
Originally Posted by pratapvb View Post
A nice triangle in yday afternoon range.....

This image has been resized. Click this bar to view the full image. The original image is sized 1088x604.

Quote:
Originally Posted by princy01 View Post
sir although you are correct but i have observed that most of the time in expiry week option sellers make the market and this normal TA doesnt work very well , it works 20% of the time in expiry week , rest 80% times these patterns fail.

lets see what happens this time around

regards
also just wanted to show what can be achieved with the AFLs (EMApvtsTF)....nothing in that chart is manually drawn
__________________
Regards,
Pratap

 

[vijkris]

Vijaybhai,
Please read Pratap Sir's post 39127 in this thread


Quote:
Originally Posted by pratapvb View Post
A nice triangle in yday afternoon range.....

This image has been resized. Click this bar to view the full image. The original image is sized 1088x604.

Quote:
Originally Posted by princy01 View Post
sir although you are correct but i have observed that most of the time in expiry week option sellers make the market and this normal TA doesnt work very well , it works 20% of the time in expiry week , rest 80% times these patterns fail.

lets see what happens this time around

regards
also just wanted to show what can be achieved with the AFLs (EMApvtsTF)....nothing in that chart is manually drawn
__________________
Regards,
Pratap

yes i agree with u. but in parameters i could find only horizontal lines and not trendlines. thats y y pratap sir wrote that nothing is drawn manually..
OR the trendline part of afl is not shared.