General Trading Chat

[vivektrader]

For the TD setup perfection, should all three conditions be present together or one?

Vivek

 

[travi]

For the TD setup perfection, should all three conditions be present together or one?
Vivek

TD Setup perfection – refers to the TD BUY or SELL Setup and not CD.
So in TD Buy Setup the low of bars 8 or 9 should be lower than the low of bar 6 & 7.
Basically, in setup counts, we're looking at 4 bars prior, so chances can be that in b/w bar is higher (which satisfies the previous 4 bar close but is not perfect)

For SELL Perfect, vice versa.
Therefore, 9 consecutive lower lows is a very perfect BUY Setup

The very isn't stated by TD but my exaggeration

Also note, Setups fail, cancel or recycle.

 

[cinderblock]

New year party ke baad Nifty abhi bhi talli hai :rofl:

 

[traderniftybull]

Not able to understand, for what trigger, market is waiting for !!!!!!!!!!
A good move is on the cards, but market is not moving

 

[vagar11]

TD Setup perfection – refers to the TD BUY or SELL Setup and not CD.
So in TD Buy Setup the low of bars 8 or 9 should be lower than the low of bar 6 & 7.
Basically, in setup counts, we're looking at 4 bars prior, so chances can be that in b/w bar is higher (which satisfies the previous 4 bar close but is not perfect)

For SELL Perfect, vice versa.
Therefore, 9 consecutive lower lows is a very perfect BUY Setup

The very isn't stated by TD but my exaggeration

Also note, Setups fail, cancel or recycle.

So, better look for continuous red bars which should be atleast 9 and then wait for a positive bar and buy.

 

[BearsTruth]

New year party ke baad Nifty abhi bhi talli hai :rofl:

Ye talli hoke gireka beedu . Wait for real action from Jan 20. As budget date nears and Trump starts his radical policies the Nifty will do talli bhangra and fall flat on its face. Budget in all likelihood going to be a big dud and a flop. And then there are elections in Feb-Mar . All ingredients present for Nifty to go past below 7500.

I have kept my buying list ready. If market breaks 7500 I will start buying selected stocks in small lots.

 

[BearsTruth]

Not able to understand, for what trigger, market is waiting for !!!!!!!!!!
A good move is on the cards, but market is not moving

I'm also not able to understad what reason or excuse you see for markets to make "a good move". I can understand if this "good move" is in downward direction.

 

[traderniftybull]

I'm also not able to understad what reason or excuse you see for markets to make "a good move". I can understand if this "good move" is in downward direction.

Ha ha, bearish bear here again :lol:
Yours reading are based on fundamentals (perhaps :lol
and
mine based on chart(s) only,
no Trump (running a Govt is different than to saying buck buck), no election (still far away), budget still few days (not in this series, atleast)

Thats the difference.

 

[Vertigo_1985]

Ha ha, bearish bear here again :lol:
Yours reading are based on fundamentals (perhaps :lol
and
mine based on chart(s) only,
no Trump (running a Govt is different than to saying buck buck), no election (still far away), budget still few days (not in this series, atleast)

Thats the difference.

big moves usually start much before the events and slowdown as event approaches, so jan last week is likely to be slow(unless something unexpected happens), before and after this week we are likely to see moves..

 

[singsanjay09]

Not able to understand, for what trigger, market is waiting for !!!!!!!!!!
A good move is on the cards, but market is not moving

Trends became complicated (for me) of 3min chart, dont know what to do.