How to trade with an oscillator

[Smart_trade]

hi st sir

last question for today sorry to ask so many what to do i m novice

i tried puuting some buy and sell at this post

http://www.traderji.com/day-trading/30182-how-trade-oscillator-18.html#post358965

please check this if im on a right direction

thnks in advance

It is perfect...Vishal...great going...

Smart_trade

 

[veekay304]

Well done VK,you have identified sell signal right on dot....

There were many buy signals...I have marked them on my chart....

Great going...

Smart_trade

thanks ST Sir, for taking the pain to explain again and again..

VK:clap:

 

[veekay304]

Hi VK....

1) Strong market does not give too many opportunities to enter...so after market stays in OB region for more than 5 bars,I want to buy every dip...and keep a stoploss of 20 points if there is no Pivot low stop nearby...you can buy break of pivot highs,break of previous bar's high etc...but your stops go that much further...in strong markets I must get in as early as possible.

2) Trail the stops on clear cut pivot lows...but once it goes in OB zone again and starts printing hammers and dojis...take profits. I have marked the trailing stops on todays chart for you...hope you will find it useful...

Best wishes,

Smart_trade

ST sir,

Noticed the trailing stops on higher PLs.

thanks
VK:thumb:

 

[veekay304]

hi st sir

please see the chart if my observation is going in the right direction

hi
veekay was the entry marked by u in ur chart was was short or to go long
the area where u marked with red arrow

dun mind just used ur chart ,cud u tell me wer i cud find the above chart i used f charts but cant get intraday charts
:thumb:

please don mind if chart looks more crowded with arrows and boxes

Hello Vishal,

entry marked by me was for Short. Sorry it was not clearly mentioned.

I am using Amibroker software.

VK

 

[vishalalluri]

hi veekay could u please attach the nifty future chart of today for me please

with stoch settings 8 4 3

the same one as u had posted yesterday 5 min time frame

hope u dom mind i just wana watch tht chart and check wid my nitfy spot chart


thnks in advance

 

[veekay304]

hi veekay could u please attach the nifty future chart of today for me please

with stoch settings 8 4 3

the same one as u had posted yesterday 5 min time frame

hope u dom mind i just wana watch tht chart and check wid my nitfy spot chart


thnks in advance

Here it is.. enjoy..

VK

 

[vishalalluri]

Here it is.. enjoy

VK

thnks for the chart vk


but for now
:annoyed: dun know wat to do with todays chart its so the (stochastic ).....volatileeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee:annoyed:

 

[yogesh-tiwari]

Hi ST,

I must say this system is really good and with hint of divergence play, it really gives good trades.

Appreciable endeavour ST.:clapping::thumb:

 

[Smart_trade]

thnks for the chart vk


but for now
:annoyed: dun know wat to do with todays chart its so the (stochastic ).....volatileeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee:annoyed:

The answer is simple....dont trade each and every turn of the oscillator...trade only strong set ups....you get so many of them ...so why bother trading not so strong set-ups ? 2-3 strong setups in a week are more than enough for the week's profits.

Smart_trade

 

[vishalalluri]

The answer is simple....dont trade each and every turn of the oscillator...trade only strong set ups....you get so many of them ...so why bother trading not so strong set-ups ? 2-3 strong setups in a week are more than enough for the week's profits.

Smart_trade

thnks st sir

was just eager actually if anything could be done in this volatile stoch movment if u had some solution for this also but i gues today s movement dint qualify the points stated by u in your first post

st sir i have started a thread in tech analysis section with heading analysis of charts ...plz have alook and suggest me if i could any better way

this is my first thread so i feel if iam inexperienced