Stocks To Keep A Close Eye On

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SavantGarde

SavantGarde

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#6,993
#6,993
Hi Rangarajan,

Absolutely Correct Nothing Can Just Keep Climbing...Infact, If CNB Could Help In This Regard & Locate The Charts Of ABAN...From The Other Thread...It Would Serve As An Excellent Example....

Anyways....Stocks With Huge Momentum Is Like Climbing Several Flight Of Staircases....Eventually.....It Will Tire & Rest For A While...Before Resuming (Provided It Is Still In An Uptrend)

These Are Some Of The Points To Catch The Move Either Long & Short....& Perhaps VSA Is Ideally Suited To Catch These Points...For Entry...& Exits...

For Intraday.....Ideal Tool To Find Such Juicy Points Are BB With Red & Green Bar Combination At Piercings....If You Require Some More Elaboration On This Let Me Know....Cause Explanation Of This Is Posted Either Here Or In Another Thread Somewhere.

Happy & Safer Trading

SavantGarde

rangarajan said:
Thank you Savant.
I am obliged & await yr analysis with charts.
Pl tell me one thing.
Any stock,however strong & trending up in intraday,it should meet its waterloo at one point & come down.
At that point,it is fit for short.
One could make profit either by long or short,at least theoretically.
For die hard shorts,how to locate the nearby res level. Any thump rule.

ranga
Click to expand...
 
R

rangarajan

Well-Known Member
#6,994
#6,994
SavantGarde said:
Hi Rangarajan,

RPOWER Was The First IPO Where Day & Night CNBC Only Kept Talking About The Grey Market Price Of 800-700-650-600

Shocking Certainly.....Proper Earthing Is Missing...:)

Happy & Safer Investing

SavantGarde
Click to expand...
:)One thing i relish in this thread is that most of the participants are having sense of humour both technically(earthing) & otherwise.It is essential in life to keep us going esp for traders.

By the way,ICSA was positive in BSE while negative candle in NSE. A rare phenomena i suppose.

ranga
 
bunny

bunny

Well-Known Member
#6,996
#6,996
rangarajan said:
:)One thing i relish in this thread is that most of the participants are having sense of humour both technically(earthing) & otherwise.It is essential in life to keep us going esp for traders.

By the way,ICSA was positive in BSE while negative candle in NSE. A rare phenomena i suppose.

ranga
Click to expand...
Quite common infact. This is one source of error in analysis, especially candlesticks. Even for volume analysis, NSE data gives better results than BSE data.
 
C

cnbondre

Well-Known Member
#6,997
#6,997
enygma said:
Pooja,

I do not take actions on volume - just wonder sometimes and ask the experts like Bunny ...

For starters, you should let the trend decide when to exit. Your own personal tweaks can happen once you are comfortable with the basic system.

I do not let any position be more than 5% of my positional capital - so the maximum stocks I would be long on is 20 to 25. I check them out visually for any exits required. If I have capital, then I need to go hunting for stocks where EMA20 crossovers have happened or if I am lazy, I know Savant will put out the futures triggers. Some of those triggers are based on EMA20 ...

I might move over to Amibroker soon - if I get the time ...

Regards,
Enygma.
Click to expand...
Hi,

Enygma,

Here is your first afl for your Amibroker, add your "tweak" as per need.


------------------------------------------------

_SECTION_BEGIN ("Price 20EMA");


//-------Plot and explore 20EMA SGS method developed by Enygma afl by CNB------------------

GraphXSpace = 5;

//-------------- price-----------
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );

//---------Indicator -------------------

Plot(EMA(C,20),"EMA C 20", colorRed,styleLine);
Plot(C,"close",ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle());

Buy = Cross(C, EMA(C, 20)); // AND Close > Open AND Avg_vol > 250000;
Sell = Cross(EMA(C, 20), C ); // AND Close < Open AND Avg_vol > 250000;

//-----------SIGNAL--------------//

PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorGreen, 0, L, Offset=-40);
PlotShapes(IIf(Buy, shapeSquare, shapeNone),colorLime, 0,L, Offset=-50);
PlotShapes(IIf(Buy, shapeUpArrow, shapeNone),colorWhite, 0,L, Offset=-45);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorRed, 0, H, Offset=40);
PlotShapes(IIf(Sell, shapeSquare, shapeNone),colorOrange, 0,H, Offset=50);
PlotShapes(IIf(Sell, shapeDownArrow, shapeNone),colorWhite, 0,H, Offset=-45);

//--------------Explore--------

Filter=Buy OR Sell;

AddColumn(TimeFrameGetPrice( "H", inDaily),"HIGH",1.2,colorDefault,colorDefault,60);
AddColumn(TimeFrameGetPrice( "L", inDaily),"LOW",1.2,colorDefault,colorDefault,60);
AddColumn(TimeFrameGetPrice( "O", inDaily),"OPEN",1.2,colorDefault,colorDefault,60) ;
AddColumn(TimeFrameGetPrice( "C", inDaily),"CLOSE",1.2,colorDefault,colorDefault,60) ;
AddColumn(TimeFrameGetPrice( "V", inDaily),"VOLUME",1.2,colorDefault,colorDefault,60) ;
AddColumn(IIf(Buy,66,IIf(Sell,83,32)),"ACTION REQUIRED", formatChar, colorWhite, bkcolor =IIf(Buy, colorGreen,IIf(Sell,colorRed,colorDefault)));

_SECTION_END();//

//--------------------------TITLE--------------------------//
_SECTION_BEGIN("Title");

Title = EncodeColor(colorBrightGreen)+"TRADING 20EMA SGS METHOD" + "-" + Name()+ "-" + EncodeColor(colorRed)+ Interval(2) + EncodeColor(colorBlack) +
" - " + Date() +" - "+"\n" +EncodeColor(colorBlack) +"Op-"+O+" "+"Hi-"+H+" "+"Lo-"+L+" "+
"Cl-"+C+" "+ "Vol= "+ WriteVal(V);

_SECTION_END();
--------------------------------------------------------------------------


Anant and Ken I will appreciate correction/modification in the afl pl.

Regards,

CNB
 
SavantGarde

SavantGarde

Well-Known Member
#6,998
#6,998
Folks....

Here Is What I Have Gathered So Far As To Why EU Markets Tanked After Starting In Positive....

Very High Number Of Unemployment Data Both In The Euro Zone & UK.

Now Coming To U.S. Markets

There Was Exellent Numbers Released For ISM Data Due To Which U.S. Market Was Up Quite A Bit & Tanked Because Of Some Chatter Doing The Rounds That Some Banks May Be Going Down...

What To Make Of It...I Don't Know...Need To See This Chatter Unfold....In The Next Few Days...To See What Exactly....Is Happening

Happy & Safer Trading

SavantGarde
 
E

enygma

Well-Known Member
#6,999
#6,999
GE Cap yet again?

SavantGarde said:
Folks....

Here Is What I Have Gathered So Far As To Why EU Markets Tanked After Starting In Positive....

Very High Number Of Unemployment Data Both In The Euro Zone & UK.

Now Coming To U.S. Markets

There Was Exellent Numbers Released For ISM Data Due To Which U.S. Market Was Up Quite A Bit & Tanked Because Of Some Chatter Doing The Rounds That Some Banks May Be Going Down...

What To Make Of It...I Don't Know...Need To See This Chatter Unfold....In The Next Few Days...To See What Exactly....Is Happening

Happy & Safer Trading

SavantGarde
Click to expand...
 
L

learn2trade_ar

Active Member
#7,000
#7,000
rangarajan said:
Has ICSA made upthrust bar with negative closing & good vol, yesterday & today & high ,high pick.

Is it fit candidate for short tomorrow as per PVA?

Experts views solicited.

ranga
Click to expand...
Yes friend, this looks like an upthrust bar only as it is meeting all below points which signifies an Upthrust Bar

1. High Volume and How high?
2. Wide Spread?
3. Close, near or on the Low?
4. What was the previous bar action?
5. Did the bar into new territory?
6. Is the stock in an up trend?
 
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