| View previous topic :: View next topic |
| Author |
MTT System Discussion - Sep 2011 |
jjm
White Belt
Joined: 17 Mar 2010
Posts: 411
|
Post: #76  Posted: Wed Aug 24, 2011 11:44 am Post subject: Re: clarification sir.. plz. |
 |
|
| vije76 wrote: | sir, in htf 15tf. . 10.45 candle the sts came down.. doesn't this confirm the trend. or should v c values of sts in such cases..
can this b used for other stocks also.. plz clarify. |
Dear Vije
No need to check values of STS..watch the crossover and the zone it is in..
For : -ve cross over and for + positive cross over
Along with other rules mentioned in 1st page
It can be used for highly liquid counter..STji has suggested to use stocks included in index like bnf, nf
Regards,
JJM
|
|
| Back to top |
|
 |
|
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #77 Posted: Wed Aug 24, 2011 11:50 am Post subject: |
|
|
Those who are short, tighten stops, grab profits etc and get set for a possible reversal long trade. We are in the BEAR-S1 zone where there is significant support, STS in HTF is OS, so we have conditions ripe for a reversal. Just wait and watch for signal...
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
guru.july
White Belt
Joined: 13 Jul 2010
Posts: 82
|
| Post: #78 Posted: Wed Aug 24, 2011 11:52 am Post subject: |
|
|
| SwingTrader wrote: | | Those who are short, tighten stops, grab profits etc and get set for a possible reversal long trade. We are in the BEAR-S1 zone where there is significant support, STS in HTF is OS, so we have conditions ripe for a reversal. Just wait and watch for signal... |
Thanks ST, I closed my short at 4905...
|
|
| Back to top |
|
|
jjm
White Belt
Joined: 17 Mar 2010
Posts: 411
|
| Post: #79 Posted: Wed Aug 24, 2011 12:01 pm Post subject: |
|
|
STji thanks..
what else we need ..avg. 25-30- pts per day..more than sufficient for me
thanks once again closed at 4901..took at @ 4928
regards,
JJM
|
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #80 Posted: Wed Aug 24, 2011 12:16 pm Post subject: |
|
|
Another high risk short entry with SL around 4920 (just above the swing high). 4920 is also a reversal long entry.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #81 Posted: Wed Aug 24, 2011 12:18 pm Post subject: |
|
|
| jjm wrote: | STji thanks..
what else we need ..avg. 25-30- pts per day..more than sufficient for me
thanks once again closed at 4901..took at @ 4928
regards,
JJM |
Cool!!!
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #82 Posted: Wed Aug 24, 2011 12:35 pm Post subject: |
|
|
Long reversal trade triggered. The SL for the long reversal trade would be 4900 (just below the swing low of 4902).
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
guru.july
White Belt
Joined: 13 Jul 2010
Posts: 82
|
| Post: #83 Posted: Wed Aug 24, 2011 12:37 pm Post subject: |
|
|
| Long entry as WMA above SMA and STS around 30 on HTF... waiting for it to cross 4920..
|
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #84 Posted: Wed Aug 24, 2011 12:41 pm Post subject: |
|
|
A close below 4902 would negate the reversal long and automatically trigger a short.
Take care....I will not be able to post for rest of the day (mkt hrs)...will post later in the afternoon.
Good luck!!!
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #85 Posted: Wed Aug 24, 2011 12:57 pm Post subject: |
|
|
| You had said earlier that you are "used" to say close. This time, I presume you mean day's close below 4902.
|
|
| Back to top |
|
|
vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
|
| Post: #86 Posted: Wed Aug 24, 2011 1:08 pm Post subject: |
|
|
| vinay28 wrote: | | You had said earlier that you are "used" to say close. This time, I presume you mean day's close below 4902. |
for intraday trading, day's close has no involvement as SL (in this method).
|
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #87 Posted: Wed Aug 24, 2011 1:18 pm Post subject: |
|
|
| Thanks Vinst
|
|
| Back to top |
|
|
adsingh101
White Belt
Joined: 09 Nov 2010
Posts: 242
|
| Post: #88 Posted: Wed Aug 24, 2011 2:41 pm Post subject: Thanks ST Sir |
|
|
Dear ST Sir,
Thanks for sharing ur system with all of us. Today i earned 72 points simply from ur guidance. 1st trade i shorted @ 4953 & covered @ 4900
2nd Trade i long @ 4906 & exit @ 4925.
Once again Thanks for ur kind guidance.
Regards:
Amardeep Singh
|
|
| Back to top |
|
|
jjm
White Belt
Joined: 17 Mar 2010
Posts: 411
|
| Post: #89 Posted: Wed Aug 24, 2011 7:06 pm Post subject: |
|
|
Dear Stji,
Summary of today's trade
You are kindly requested to put your remarks ...
Regards,
JJM
|
|
| Back to top |
|
|
jjm
White Belt
Joined: 17 Mar 2010
Posts: 411
|
| Post: #90 Posted: Wed Aug 24, 2011 7:07 pm Post subject: |
|
|
Dear Stji,
Summary of today's trade
You are kindly requested to put your remarks ...
Regards,
JJM
| Description: |
|
Download |
| Filename: |
MTM_ST.xls |
| Filesize: |
16.5 KB |
| Downloaded: |
315 Time(s) |
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
