Nifty : Real time discussions...!

[casonite]

its not really running away like i thought

sitting out this move now...waiting for some volume action before making any trade...

 

[Smart_trade]

Thanks ST,
market has reversed 5-6 times in last 6months in the range of 5590 to 5620.
It crossed only once on 25th March & gain was was of 300 points in days to follow.
So just wait & watch for me in this range.

Once the market gives some indication of the reversal, we will definately pounce on it and go short....but let it reverse and till then we enjoy the long trades.....

Smart_trade

 

[TraderRavi]

TD seq has given buy signal on 21 jun @ 5275 EOD so this time it may cross 5600.....last buy signal was on 25 feb ...that time also nifty crossed 5900...

 

[Smart_trade]

TD seq has given buy signal on 21 jun @ 5275 EOD so this time it may cross 5600.....last buy signal was on 25 feb ...that time also nifty crossed 5900...

Yes Ravi....Feb combo gave a 13 th count buy signal Sequential missed it by 2-3 days.....this time both had 10-11 bars...may be I missed something in counting....

Glad to see you are observing sequential.....

ST

 

[TraderRavi]

Yes Ravi....Feb combo gave a 13 th count buy signal Sequential missed it by 2-3 days.....this time both had 10-11 bars...may be I missed something in counting....

Glad to see you are observing sequential.....

ST

yeah ST, I am following thomas de mark systems...became interested after read that old thread of leo and ur comments in it....read 2 books of thomas .new science& day trading options and then demark indicators by jason pearl....following td seq and combo in NF, BNF and DOW......although am daytrader but what harm in knowing a system in detail....one more thing is as this system do not give buy - sell signal by arrows not many interested in doing hardwork of matching all the conditions...

 

[casonite]

got stopped out of my long at 5587..
will look for fresh long at 5580

 

[TraderRavi]

SL hit @ 5585........

 

[galrani]

Bot 5600PE @ 31.6
SL 29.6 Target 36

 

[Smart_trade]

yeah ST, I am following thomas de mark systems...became interested after read that old thread of leo and ur comments in it....read 2 books of thomas .new science& day trading options and then demark indicators by jason pearl....following td seq and combo in NF, BNF and DOW......although am daytrader but what harm in knowing a system in detail....one more thing is as this system do not give buy - sell signal by arrows not many interested in doing hardwork of matching all the conditions...

These are 1 st and 3rd books of DeMark...you must read the " Commodities Timing Methods.....which is the second book.....and the best one.

Many major tops/bottoms are identified.....recent top in silver was identified on exact day....2007 Nifty top was also identified....nice to know such long term methods too ....

ST

 

[TraderRavi]

long @ 5585 ..sl 5575..