General Trading Chat

[Smart_trade]

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]

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

 

[Smart_trade]

Large freight rate hike.....still 8600 not breaking....mkt does not want to go down 8600 Fevicol ka jod hai....

Smart_trade

 

[Smart_trade]

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

 

[vikas2131]

Large freight rate hike.....still 8600 not breaking....mkt does not want to go down 8600 Fevicol ka jod hai....

Smart_trade

Elfy ka jod ha sir... fevicol ka jod to phir bhi khatam ho jata but elfy ka nahi..

 

[adg123]

Elfy ka jod ha sir... fevicol ka jod to phir bhi khatam ho jata but elfy ka nahi..

elfy matlab

 

[niftygupshup]

will BNF do 19400 !!!!!!!!!!!
yes, it should

 

[Sunnyraj]

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 )

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]

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 )

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..

 

[vikas2131]

Vodafone, Idea in 'exploratory' talks for mega merger

Read more at: http://www.moneycontrol.com/news/cn...ga-merger_7326061.html?utm_source=ref_article