Swing Delivery Trading

[tvrssvk]

Hi Rajputz,

what is your take on ABAN. guess it is in downtrend. Waiting for the reversal. your views for short term swing trade.

 

[rajputz]

Hi Rajputz,

what is your take on ABAN. guess it is in downtrend. Waiting for the reversal. your views for short term swing trade.

It is in downtrend from 11 august. Till now no exit from that. It has yet to find a bottom.

 

[s011y]

Hi Rajputz,

How did you come to that it is yet to find the bottom? Can you please explain this to me?
It will help me in avoiding booking the profit early.

Thanks,
--S011y

 

[rajputz]

Hi Rajputz,

How did you come to that it is yet to find the bottom? Can you please explain this to me?
It will help me in avoiding booking the profit early.

Thanks,
--S011y

It has again broken a pivot low today and closed below it. Momentum is still downside. No positive divergence shown on oscillators. Although price is the ultimate winner, thats y i work on mechanical systems. And they show no exit to me till now.

One advice. Always keep your own profit target. As profit taking is self defined. I take a system based exit. Some prefer target based. So when my perfect exit comes, it may be chance that price is well above the point you want to take the profit.

 

[rajputz]

My system in hourly gave a sell <5533 less filter and SL is now at >5516+filter..
5516+ seems a good SL... of course system differ. BTW do you also use the same system on Stocks, or have different param for stocks.

leaving the terminal after keeping a stoploss at 5433...Lets c if it is hit till the EOD. Thats the high of today, which i think wont be broken. If broken, i will be exitted with profit of 70+ points on nifty. Will update at eod/.

 

[saivenkat]

leaving the terminal after keeping a stoploss at 5433...Lets c if it is hit till the EOD. Thats the high of today, which i think wont be broken. If broken, i will be exitted with profit of 70+ points on nifty. Will update at eod/.

God.. 5433 broken, high as of now is 5440, which means your short position is covered.

 

[$ashpats$]

Hey
What mechanism or softwares you use to see the downtrend or uptrend graphs.


AshPats :clapping:

 

[rajputz]

Inititated a Short on Nifty future september at 5481...250 in quantity...5 Lots....

Updated Excel Sheet: -

http://www.editgrid.com/explore/user/rajputz/Trade_History

 

[sikandar]

Inititated a Short on Nifty future september at 5481...250 in quantity...5 Lots....

Updated Excel Sheet: -

http://www.editgrid.com/explore/user/rajputz/Trade_History

Going nice keep it up

 

[vssoma]

dear raj,

if you have original woodie's CCI AFL, pls. share with us.

http://www.traderji.com/advanced-tr...woodies-cci-trading-system-41.html#post466714

tnx,