General Trading Chat

ST da,

Is the close of this 1:00 candle confirmation of going below. But that was so close above the support Was this a valid short as per TD reversal?

I wont apply TD point reversal there....reversal presupposes that there is some extended move which is reversing...

ST
 

lemondew

Well-Known Member
I ve a problem of entry if the price jumps from resistance or support.

Eg yesterday noon or today morning the price was stable near support and provided low risk entry. But today noon for shorting nifty blasted off from 8645 in 2 candles we were below 8620. Hence in such cases for entry I thght we cd use TD ?

I wont apply TD point reversal there....reversal presupposes that there is some extended move which is reversing...

ST
 
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I ve a problem of entry if the price jumps from resistance or support.

Eg yesterday noon or today morning the price was stable near support and provided low risk entry. But today noon for shorting nifty blasted off from 8645 in 2 candles we were below 8620. Hence in such cases for entry I thght we cd use TD ?
See small moves reversal it may work but success rate will be low as it is not to be used there but after a sustained move and reversal comes, that will have much better success rate.In sideways we may get too many reversals and none will work.

ST
 

Sunnyraj

Well-Known Member
He said he was not publishing it to please me to which I said selective publishing doesn't prove anything and it only confuses people.. and again he replied that I am free not to believe it... :)

I think the publishing of his trades is b'coz of some trading program he's conducting where he's giving opportunity to trade intraday with him (saw his website out of curiosity :D )

Obviously if he wants traders to subscribe to his programs, he'll have to show profits....

Btw Delhi people can give it a try and share their experience here with us....he's giving opportunity to trade for 3 days for free !!
 

vikas2131

Well-Known Member
I think the publishing of his trades is b'coz of some trading program he's conducting where he's giving opportunity to trade intraday with him (saw his website out of curiosity :D )

Obviously if he wants traders to subscribe to his programs, he'll have to show profits....

Btw Delhi people can give it a try and share their experience here with us....he's giving opportunity to trade for 3 days for free !!
free mein ha to try kar lo otherwise 3 saal ka kaam .. 3 din mein aa nahi sakta..
 

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