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Swing Trading : The Speculator way |
vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1426 Posted: Mon Mar 05, 2012 2:54 pm Post subject: |
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nsk1371 wrote: | nifty-1m dsp shifted to 5335.. |
on 5min time frame , i guess.
for spec's method, timeframe is a must to be specified!!
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1427 Posted: Mon Mar 05, 2012 3:05 pm Post subject: |
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NF 30min:
price missed touching 34ema by a small margin but rsi5 became OB.
so NF 30min DSP is 5395 now.
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nsk1371 White Belt

Joined: 01 Sep 2009 Posts: 226
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Post: #1428 Posted: Mon Mar 05, 2012 3:44 pm Post subject: |
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nifty 1m..5tf dsp 5335, 15m and 30m dsp 5515.80
Description: |
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Filesize: |
24.56 KB |
Viewed: |
402 Time(s) |

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Description: |
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Filesize: |
28.96 KB |
Viewed: |
340 Time(s) |

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guru.july White Belt

Joined: 13 Jul 2010 Posts: 82
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Post: #1429 Posted: Mon Mar 05, 2012 4:22 pm Post subject: |
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I think 15TF and 30TF DSP is 5438. Please confirm.
Regards,
Guru
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prabit White Belt

Joined: 02 Jul 2009 Posts: 133
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Post: #1430 Posted: Mon Mar 05, 2012 5:35 pm Post subject: |
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guru.july wrote: | I think 15TF and 30TF DSP is 5438. Please confirm.
Regards,
Guru | yes I also agree.
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sherbaaz Yellow Belt

Joined: 27 May 2009 Posts: 543
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Post: #1431 Posted: Mon Mar 05, 2012 5:46 pm Post subject: |
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prabit wrote: | guru.july wrote: | I think 15TF and 30TF DSP is 5438. Please confirm.
Regards,
Guru | yes I also agree. |
i dont know abt 30 min tf but 15m tf dsp is 5515.80. kindly recall that from this high of 5515.80 price has made new recovery low BELOW THE PREVIOUS RECOVERY LOW. not from 5438 which is just as extension of 5515.80
5438 is just a rejection every pivot is a rejection but it is not necessary that every rejection should be a pivot.
regds,
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1432 Posted: Mon Mar 05, 2012 6:20 pm Post subject: |
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vinst wrote: | NF 30min:
price missed touching 34ema by a small margin but rsi5 became OB.
so NF 30min DSP is 5395 now. |
correction: NF30min DSP is 5516 (re-checked charts after prompting by many forum members thru' subsequent posts), thanks everyone !
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nsk1371 White Belt

Joined: 01 Sep 2009 Posts: 226
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Post: #1433 Posted: Tue Mar 06, 2012 9:40 am Post subject: |
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nifty -1m ..5tf. in up trend usp 5254..
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nsk1371 White Belt

Joined: 01 Sep 2009 Posts: 226
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Post: #1434 Posted: Tue Mar 06, 2012 9:44 am Post subject: |
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jaii sir, bnf-1m..15tf had a usp @ 10179.50, today v cut that but did not close below that. so still the trend is intact .. now shd v change the usp a v made a new low? usp 15tf is still 10179.50 or 10101?
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nsk1371 White Belt

Joined: 01 Sep 2009 Posts: 226
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Post: #1435 Posted: Tue Mar 06, 2012 10:08 am Post subject: |
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sir, on nifty-1m, 5tf. v are about to get a rejection bullish.. but rsi does not support this. is this entry valid as per system.?
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Jaii White Belt

Joined: 11 Sep 2007 Posts: 210
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Post: #1436 Posted: Tue Mar 06, 2012 10:22 am Post subject: Re |
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Nsk,
hello friend, i dont know abt yr trading style! But based on yr msg i feel that u r jumping TF to TF very fast!It's may not be good for long run! Pls try to stick any one TF & trade accordingly. I've told u many many times, for 5Tf RSI value s must, if yr backtest report or real trading says RSI value not imp then no prob trade it. For me 5TF pivot s for TSL! Pls dont try to catch every point of market move, wait for valid Trend based rej!( Jst my suggestion). If you are comf wth this system then no need to ask for every entry level. Tks!
Jai
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Jaii White Belt

Joined: 11 Sep 2007 Posts: 210
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Post: #1437 Posted: Tue Mar 06, 2012 10:29 am Post subject: RE |
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Nsk,
BNF 15TF DSP- 10786.50
Jai
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Amigo White Belt

Joined: 17 Jun 2011 Posts: 223
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Post: #1438 Posted: Tue Mar 06, 2012 10:30 am Post subject: |
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Jai , wat i understand from ur post is.. we can use 5m time frame pivot for trailing stops for 15m tf ,and re enter the trade wen both the time frames are in line with each other. for example, in the current situation we can exit at 5335 and then wait for re entry wen 5m time frame gives a sell again... or wait until 15m gives a long trigger
Regards
Amigo
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nsk1371 White Belt

Joined: 01 Sep 2009 Posts: 226
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Post: #1439 Posted: Tue Mar 06, 2012 10:36 am Post subject: Re: Re |
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Jaii wrote: | Nsk,
hello friend, i dont know abt yr trading style! But based on yr msg i feel that u r jumping TF to TF very fast!It's may not be good for long run! Pls try to stick any one TF & trade accordingly. I've told u many many times, for 5Tf RSI value s must, if yr backtest report or real trading says RSI value not imp then no prob trade it. For me 5TF pivot s for TSL! Pls dont try to catch every point of market move, wait for valid Trend based rej!( Jst my suggestion). If you are comf wth this system then no need to ask for every entry level. Tks!
Jai |
sincere thanks sir for the way you guide all forum members..gr8 advise at needed time.. wil stick to 15tf which i was used to for months, and use 5tf as tsl
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Jaii White Belt

Joined: 11 Sep 2007 Posts: 210
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Post: #1440 Posted: Tue Mar 06, 2012 10:36 am Post subject: Re |
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Amigo,
Ys i use 5Tf for TSL. Now i'l re-enter, if i get dwnrej @ 15 TF & my SL should be day's high and not DSP. (Amigo very few times only Trend reversal happend @5TF! So trading the 15Tf is safety& no harm to use 5TF pivot as TSL)
Jai
Last edited by Jaii on Tue Mar 06, 2012 10:43 am; edited 1 time in total |
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