Stocks To Keep A Close Eye On

[Rishi001]

Hi SG sir,

How do you evaluate the direction of the price where it is going (up or down) like today in the morning I shorted JP as it was going down and as soon as I did that, it started going up with no sign of coming down. So my question is how do we decide the range as well as the direction in which the script would move? Do we keep an eye on Nifty and buy when it is going up or......?

No system will give you returns.... better than Price Action Trades....No charts...nothing....except Bid & Ask & a little help from Average Traded Price...

No OI...No Volume...Nothing...!!! As Simple As That

SavantGarde

 

[Rishi001]

I guess Raje has put my question in better words.

Hi SG sir,

How do you evaluate the direction of the price where it is going (up or down) like today in the morning I shorted JP as it was going down and as soon as I did that, it started going up with no sign of coming down. So my question is how do we decide the range as well as the direction in which the script would move? Do we keep an eye on Nifty and buy when it is going up or......?

 

[swati23]

Even I'm holding FT @ 1200. SG told me not to average it for now. When the time comes, he will let us know.

SG,
i am holding 50 fintec @ 1600 that i bought few months back.
Now its at half at 800. What do you advice ? average it and hold

 

[rajputz]

No system will give you returns.... better than Price Action Trades....No charts...nothing....except Bid & Ask & a little help from Average Traded Price...

No OI...No Volume...Nothing...!!! As Simple As That

SavantGarde

We will talk on that after two years savant sir. Learning that thing too but till now am happy with my turtle cci. Has awesome results. Will always stick with it, cause the most part of it is price based only. I am not that good in auction theory yet.

That bid - ask and ATP is the relation that i am trying to understand for many days. Will sure get a hatch into it also. One day indeed. But not at present.

It just that, price bid and ask works for you the best, and some more best to me, indeed i am trying to improve upon that, with some new tweaks everyday.

 

[savkar]

Wow is is ?
Thanks. what price did he tell u to avg !

Even I'm holding FT @ 1200. SG told me not to average it for now. When the time comes, he will let us know.

 

[absolute.zero]

No system will give you returns.... better than Price Action Trades....No charts...nothing....except Bid & Ask & a little help from Average Traded Price...

No OI...No Volume...Nothing...!!! As Simple As That

SavantGarde

Sometimes simplest things seem most complicated. Wondering how to see and trade on such a simple strategy of "Price action" with Bid and Ask??

Any clues are most welcome.

Thanks !

- Anil

 

[DanPickUp]

No system will give you returns.... better than Price Action Trades....No charts...nothing....except Bid & Ask & a little help from Average Traded Price...

No OI...No Volume...Nothing...!!! As Simple As That

SavantGarde

Hi Savant

I may post this link here for the people, which would like to know a little bit more about price action beside PDFs, witch are already posted in the forum.

I think, there are members in this thread, which may do not have to many ideas about price action. This link will surely improve such knowledge, when reading through.

A few articles, which look on the subject from different angles.

http://www.traderji.com/technical-a...-using-technical-analysis-365.html#post492944

Take care

DanPickUp

 

[swati23]

Wow is is ?
Thanks. what price did he tell u to avg !

On the 25th of November, his reply was
"No averaging as of now... let's wait for another 10-14 days..."

 

[savkar]

Yeah go ahead. but if there is one and only one thing i would advice is its discipline. have a target like at 10% or 20% or even 5% profit is good and quit. i used to wait till the profits maximize and most of the time i used to crash with pathetic returns

Even a person like me who does not let go of money so easily, i have had anxious moments when i put 75K/1L in a trade in a day. i am just a normal salaried class person who never took much risks in life but now trying some risks here

i have seen profit of 40K vanish to 0 in the time i went from one screen to other screen to put that sell order. so u need to be nimble, cool and understand any profit is good profit. and your best friend has to be His highness Mr. "stop loss"

Listening to Mr. Savkar and Almighty, Mr. SG. I think it is time to climb the water tank.

But I will consider this proposition tomorrow. for now, just for practice, I am going to climb my bed.

Good Night,Mr. SG. Sleep weill with you 40k+ under the pillow!

Good night everybody. Sleep well, dreaming your head is on Mr. SG's pillow!

Goodnight All!!

 

[talisman]

Useful articles Dan...thanks for sharing..

Hi Savant

I may post this link here for the people, which would like to know a little bit more about price action beside PDFs, witch are already posted in the forum.

I think, there are members in this thread, which may do not have to many ideas about price action. This link will surely improve such knowledge, when reading through.

A few articles, which look on the subject from different angles.

http://www.traderji.com/technical-a...-using-technical-analysis-365.html#post492944

Take care

DanPickUp