General Trading Chat

[XRAY27]

Even for swing trades do you put stop loss. How do you calculate the stop loss. I take the mental stop loss of 70 points high or low for swing. Please let me know your thoughts on this.

Swing SL is on pivot/swing high with 5 pt as filter if hit with gap then exit will be at market.. no mental SL !!!

 

[mudraatrader]

What a fun
PNB
Which made a record by posting the highest quarterly loss in Indian bank history
was up by 4.08% over previous days LTP
(and may make a further jump tomorrow also, though not necessary, just my anticipation)

 

[Mungus]

did you guys notice something fishy happened today with NF?

Order suddenly jumped..look at that 12.45-12.55pm area,strange :O
And it got shrinked.
Looks like order got filled @ 7920 level from direct 7880 :O

Looks like nobody noticed the sudden spike/order filling issue :O

 

[Subhadip]

Looks like nobody noticed the sudden spike/order filling issue :O

Order filled at 7912.5. Huge quantity.

 

[Subhadip]

Anyone following any moving average crossover method

 

[Mungus]

Order filled at 7912.5. Huge quantity.

not huge quantity,hardly 150 lots,but it jumped directly 30-40 points from 7880 level to directly 7920 level and there wasnt any order(buy or sell) between this range,strange.

Lot of manipulation going on these days with NSE.

 

[XRAY27]

not huge quantity,hardly 150 lots,but it jumped directly 30-40 points from 7880 level to directly 7920 level and there wasnt any order(buy or sell) between this range,strange.

Lot of manipulation going on these days with NSE.

Volume is a bit decreased and order flow gaps are there in this series and price range died ..

 

[deba72]

not huge quantity,hardly 150 lots,but it jumped directly 30-40 points from 7880 level to directly 7920 level and there wasnt any order(buy or sell) between this range,strange.

Lot of manipulation going on these days with NSE.

HFT at play in a shallow market... And it seems these HFT players have unofficial knowledge of the entire NSE orderbook.

 

[vivektrader]

First of all i place SL that to SL-M order...i never follow mental stop !!!

my setup will not catch today BNF midnoon spike and i'm not a practitioner of pivot method discussed in the forum so i cannot answer on that

That mid noon spike I caught in nifty or let's say the spike caught me (fortunately on the right side), the trade was triggered as per pivot method and damn ....came the spike (probably many short covering stop losses triggered)

 

[XRAY27]

-------------------------