iCharts Discussions

jjm · White Belt Joined: 17 Mar 2010 Posts: 411

Hi

Long took above cc closed both wma and ema @ 9.40 bar LTF
with swing low and closed at 89 ema as well as Bull level is 92 ..

JJM

hyi jjm,

can you please tell me the time of the candle on LTF from where you went long and the reason for your exit on + 30 points

regards,

varun[/quote]

varun_alld · White Belt Joined: 14 Dec 2009 Posts: 25

SwingTrader · Posted: Fri Aug 26, 2011 11:49 am Post subject: Short-term Swing Highs/Lows

I have attached today's NF 5 min charts with short-term swing highs/lows marked.

SwingTrader · Posted: Fri Aug 26, 2011 11:53 am Post subject:

Another example of the early entry....

Trend on HTF turned down on close of 11:15 bar. The 11:20 bar on LTF closed below the most recent swing low (10:55 bar low) triggering a early short signal. The regular short trigger will probably come on close of 11:55 bar if CCI closes below 0 on close of this bar (CCI had hit +100 on 11:45 bar).

SwingTrader · Posted: Fri Aug 26, 2011 11:55 am Post subject:

No regular short signal yet as CCI did not close below 0 on 11:55 bar.

SwingTrader · Posted: Fri Aug 26, 2011 12:03 pm Post subject:

STS OS on HTF, reversal long coming up?

SwingTrader · Posted: Fri Aug 26, 2011 12:35 pm Post subject:

A regular short followed by a reversal long Very Happy

everything happening today...will have to be careful...things are more difficult as NF is not going to either BULL-R1 or BEAR-S1 which can setup great opportunities, this is a good indication of difficult / sideways day. Until price reaches either of these sup/res bands it is going to be tricky...

vigneshwaran · White Belt Joined: 16 Jul 2009 Posts: 7

st sir,

htf. 15min.. 12.30.. sts cross over happened.. nw. v hav to wait for cci to go to -100 and above 0 for entry long in ltf.. or wait for 4854 ( 12.25 .. 5tf hi) to b taken out with stop loss of htf candle low - 2 points .. right..( 4830)..

pls. correct.

SwingTrader · Posted: Fri Aug 26, 2011 12:37 pm Post subject:

Whipsaw time again....if the current bar closes below the recent swing low then reversal long will get negated and a short will be triggered.

varun_alld · White Belt Joined: 14 Dec 2009 Posts: 25

SwingTrader · Posted: Fri Aug 26, 2011 12:39 pm Post subject: Re: htf.. sts cross over

SwingTrader · Posted: Fri Aug 26, 2011 12:45 pm Post subject:

The SL on this short triggered (as explained below) is quite far as the prior swing high is far...

There is a chance of another push down to BEAR-S1 area where support could be found.

vigneshwaran · White Belt Joined: 16 Jul 2009 Posts: 7

igneshwaran wrote:
st sir,

htf. 15min.. 12.30.. sts cross over happened.. nw. v hav to wait for cci to go to -100 and above 0 for entry long in ltf.. or wait for 4854 ( 12.25 .. 5tf hi) to b taken out with stop loss of htf candle low - 2 points .. right..( 4830)..
pls. correct.

on HTF crossover has not yet happened (you have to check crossover only after that particular bar has closed). If you see now that the bar has closed there is no WMA/SMA crossove

1..the value of sts in htf 12.30 was ( blue 20.74.. yellow ..19.79).. i took it as crossover...
2.. in case v had a good cross over, even then shd v wait for ema cross over in htf. b4 looking for entry in ltf.

forgive me if the question is foolish.

tnx sir.

SwingTrader · Posted: Fri Aug 26, 2011 1:03 pm Post subject: Re: plz. clarify aft. mkt sir

SwingTrader · Posted: Fri Aug 26, 2011 1:21 pm Post subject:

Another long reversal signal coming....