Thoughts on Day/Swing Trading Part 2

[Smart_trade]

I wish a Very Happy Diwali and a Prosperous New Samvat to all the traders of this thread and this forum.

Smart_trade

 

[timepass]

I wish a Very Happy Diwali and a Prosperous New Samvat to all the traders of this thread and this forum.

Smart_trade

Thanks. Wishing the same to you and your family, ST !

 

[DanPickUp]

Same from Switzerland: Happy Diwali to all members of the forum. Wish you only luck, health and satisfaction in what ever you do.

DanPickUp

 

[ritesh.bafna88]

have an awesome mahurat session... tomo..... happy diwali to all the traderji members, guests & most importantly moderators for doing a spectacular job......

 

[Smart_trade]

Posting a 5 min Nifty Futures chart with TDST lines marked on it. When the market was in uptrend, the blue resistance lines were getting taken out, red support lines were successively higher.

When the trend is down, the reverse process takes place, market finds it difficult to break the successively lower blue resistance lines and it breaks successively lower red support lines.

Today also nifty futures found it difficult to cross blue resistance lines....but broke red support line and then came a free fall.

At around 3:00 the VWAP difference indicated that bears are in full control and bulls getting squeezed.....and that continued till the end and the bears really exploited the advantage they had over the trapped bulls.....and in the end there was a stampede of trapped bulls giving good prices for bears to cover their short positions.

Smart_trade

 

[ritesh.bafna88]

Posting a 5 min Nifty Futures chart with TDST lines marked on it. When the market was in uptrend, the blue resistance lines were getting taken out, red support lines were successively higher.

When the trend is down, the reverse process takes place, market finds it difficult to break the successively lower blue resistance lines and it breaks successively lower red support lines.

Today also nifty futures found it difficult to cross blue resistance lines....but broke red support line and then came a free fall.

At around 3:00 the VWAP difference indicated that bears are in full control and bulls getting squeezed.....and that continued till the end and the bears really exploited the advantage they had over the trapped bulls.....and in the end there was a stampede of trapped bulls giving good prices for bears to cover their short positions.

Smart_trade

Sir can u pls enlighten more on vwap... Can u share the afl pls

Thank you

 

[Smart_trade]

Sir can u pls enlighten more on vwap... Can u share the afl pls

Thank you

Read this :

http://www.traderji.com/day-trading/49521-thoughts-day-swing-trading-49.html#post595540

And after 4-5 pages, Murthy had posted an AFL in the same thread.

Smart_trade

 

[DanPickUp]

Read this :

http://www.traderji.com/day-trading/49521-thoughts-day-swing-trading-49.html#post595540

And after 4-5 pages, Murthy had posted an AFL in the same thread.

Smart_trade

Spoon feeding in the purest way.

Wow: I would not have that patience. But as it is you: Congratulations again and again for such patience or should I say: Patients?

 

[ritesh.bafna88]

deleted.....

 

[ritesh.bafna88]

Read this :

http://www.traderji.com/day-trading/49521-thoughts-day-swing-trading-49.html#post595540

And after 4-5 pages, Murthy had posted an AFL in the same thread.

Smart_trade

sirji... there is mention of the afl on page no 53 but there is no afl as i think after the last edit it has been taken out.... can u pls share the one you have...

thank you


(still searching and reading the thread... awesome observation of average price...)