Thoughts on Day/Swing Trading Part 2

[Smart_trade]

Friend...
Where will I get rulebook of Swift Method here,on Traderji..??
I tried to join Saint's Forum,but I'm getting some error like "Page Can not be found.." "Try Again"..."make sure your internet is..."

Page hi open nahi ho raha hai to kaise forum join karu? huh?

Also,how Swift is different that Ambush?

Swift method is not discussed here in this forum.

Smart_trade

 

[timepass]

Friend...
Where will I get rulebook of Swift Method here,on Traderji..??
I tried to join Saint's Forum,but I'm getting some error like "Page Can not be found.." "Try Again"..."make sure your internet is..."

Page hi open nahi ho raha hai to kaise forum join karu? huh?

Also,how Swift is different that Ambush?

Found something about the swift method here.


http://bo.lt/io184

bhai, humko bhi samjha dena

 

[friendforevers0007]

here is today copper swift can you please correct my wrong trades

 

[VIKAS 21]

60 min

EOD

Dear ST Sir

I have marked two breakout failure one on 60 min time frame & other on EOD,,

Sir both breakout failure are indicating for sell after cracking previous PH BODY HIGH as mentioned by you in your some previous post.

pl tell are they marked correctly or wrong ?????

 

[Smart_trade]

60 min

EOD

Dear ST Sir

I have marked two breakout failure one on 60 min time frame & other on EOD,,

Sir both breakout failure are indicating for sell after cracking previous PH BODY HIGH as mentioned by you in your some previous post.

pl tell are they marked correctly or wrong ?????

Yes VIKAS, you have marked them correctly.....good going...

Smart_trade

 

[Smart_trade]

here is today copper swift can you please correct my wrong trades

First long trade is wrong as the pivots are above the MA line but MA line is sloping down, we need MA line sloping up for long trades.

Other trades look fine...avoid taking trades once you know that the market is not making any progress on downside and it is going sideways....also in case of breakdown failures, dont wait for stoploss to hit, the moment bar closes above the pivot low, get out as the breakdown is not working out....

Good going....

ST

 

[friendforevers0007]

thanks alot st sir for taking pain for checking trades but sir any other method you suggest to tackle this situation which can be used and can you suggest in what conditions swift method is favorable to take trades

 

[Gaur_Krishna]

ST da, I have some questions on Swing Trades, please answer whenever you get time...

1. How about using options for trading swings on 30 min or 60 min TF? This is because, if we use futurs then there is lot of investment per lot and also the risk is maximum but for options investment is limited along with risk (at the cost of time day ... but 3-4 days will not be that decaying except the expiary week)... Your expert comments please

2. For intraday we use 5/30 TF, now for Swing trading, what's better : trading 30 TF looking at daily as higher TF or any other combination?

3. Consider following situation at Bank Nifty is at 12450 and you have bullish view. Then Which strike price CALL should be purchased, either CE 12400 or CE 12500? Why? Which one will give max delta and less time decay?

Thanks & Regards,
Gaur_Krishna

 

[VIKAS 21]

Dear ST Sir

I am doing my trades successfully only blindly following your methods.

I am following

1. breakout failure method

this is the most successful method i have ever traded.

I also check following things while trading this method

(a) Price should crack previous PH body in case of uptrend & previous PL body in case of downtrend.

(b) there must be some divergence in stochastics.

(c) success is increased if we have shooting star, hammer, doji near failure.

this method has very low SL so also helpful in managing risk/reward ratio.


2. Breakout/breakdown of a range.

You made it very simple by giving us your technique of quick exit if we have

a green bar after the breakdown bar & wait for it to broke again......

Thanks a lot sir for giving us so nice & simple strategies.

 

[midas touch]

breakout failure method

do pls tell me something abt this Vikas..