Price Action Trading Method.

[SavantGarde]

Future of Investing/Trading....!!!

There was a time when +5 years used to be considered as Long Term....
Now...6-12 months is considered Long Term....

With increasing use of Algos, Quants, Black Boxes & what not.... would it be correct to assume.... that not too distant in the future.... 5 minutes would be considered Long term.....!!!

Thoughts to mull & debate over the weekend....!!!

SG

 

[TraderDude]

well, that does it...only weekly charts from now onwards...

 

[tomjerry]

Future of Investing/Trading....!!!

There was a time when +5 years used to be considered as Long Term....
Now...6-12 months is considered Long Term....

With increasing use of Algos, Quants, Black Boxes & what not.... would it be correct to assume.... that not too distant in the future.... 5 minutes would be considered Long term.....!!!

Thoughts to mull & debate over the weekend....!!!

SG

I think, Bull Market will start somewhere in the middle of 2014 for Long Term, say it for 5 years to 10 years. Till then Up/Down is the only way. Till 2014, Nifty range is wide open from 2,000 bottom to 7,500 top!

 

[SavantGarde]

Hi TD,

Post whenever, whatever as your heart desires....... don't get pushed around by cuckoos...!!!

SG

well, that does it...only weekly charts from now onwards...

 

[krishere]

Hi TD,

Post whenever, whatever as your heart desires....... don't get pushed around by cuckoos...!!!

SG

egjactly!!!!!!!!

aur koi bhi kuch kahe.... toh just tell them AWAAZ NEECHE!!!!!!!

 

[timepass]

well, that does it...only weekly charts from now onwards...

What does it ?? or what does what ??

When you see people visiting your thread and posting their requests, queries and of course, contrarian views, you know that your thread is a success and likely to gain momentum. At least you know that your strategy is working out and there are many people interested in it.

There will always be some people out here only for fingering (some habitually, I should add), but that doesn't mean anything.

 

[EagleOne]

Positional trading Red label/VAT69 (scotch) Intraday MC Brandy

So you have succumbed to the lure of 5 min charts after about half a dozen pages.

You are very true eagle even I am positional trader my self... but get in to see the 5 minute tick gives some immense pleasure like driving at 140km/Phr
It's very risky game yet many love to play it...

I am not at all against 5 min chart per se! (Heck, right now I'm using 1 min chart while trading NF/BNF!) My point simply was to encourage TraderDude to keep this thread exclusively for higher TF trading. Intraday kind of threads are dime a dozen all over the TJ! And it's getting obsessive - like T20 cricket. All glitter, all over, all tension, all stress, great to watch, but no substance. TraderDude's thread is like watching test match in the afternoon!

BTW, beware of the thrill of the speed! 140 kph feels heaven when you are driving on a German Autobahn. In a country like ours, this kind of speed thrills but kills in all probability!


(TD, please do take care of TP's intraday rquests. This is our special trader friend, you know. This is the guy who wants others to measure the whole earth for him but himself would only prefer taking two and half steps - PE steps, that is! :rofl

 

[Laksh]

TD
your thread is very interesting and enlightening. please continue in your own way.

Laksh

 

[timepass]

...(TD, please do take care of TP's intraday rquests. This is our special trader friend, you know. This is the guy who wants others to measure the whole earth for him but himself would only prefer taking two and half steps - PE steps, that is! :rofl

Now even two and half steps are not possible, wiped out in this month, I think there's about 200rs. in my account. Let's see what can I do with it.

 

[SavantGarde]

Lend it to someone who has a Margin shortfall of 200 bucks.... and earn interest...!!!

Now even two and half steps are not possible, wiped out in this month, I think there's about 200rs. in my account. Let's see what can I do with it.