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Swing Trading : The Speculator way |
Amigo White Belt

Joined: 17 Jun 2011 Posts: 223
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Post: #1621 Posted: Wed May 02, 2012 12:14 pm Post subject: |
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Arjun20 wrote: | traderindian wrote: |
Hello Amit,
Entry is taken as soon as the DSP/USP is breached....???
Just one tick above or below is enuf for trend change.. we dont wait for candle close..RIGHT |
Hi TI,
Pls visit SSPS theory for details. It's not rule that you should jump into trade as soon as pivot is broken. At times,you have to wait for opportunity if Stop is far away. |
Arjun20, traderindian has just explained about the trend change..which actually happens one tick abv/blw DSP/USP.. entry into the trade is different scenario which is to be explained to the newbies only after they are clear about the basic concept of trend change.
Regards
Amigo |
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amit0666 White Belt

Joined: 23 Jun 2010 Posts: 86
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Post: #1622 Posted: Wed May 02, 2012 3:21 pm Post subject: |
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usp broken now dsp is 5301.70 nifty future |
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traderindian White Belt

Joined: 03 Apr 2010 Posts: 56
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Post: #1623 Posted: Wed May 02, 2012 6:36 pm Post subject: |
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Arjun20 wrote: | traderindian wrote: |
Hello Amit,
Entry is taken as soon as the DSP/USP is breached....???
Just one tick above or below is enuf for trend change.. we dont wait for candle close..RIGHT |
Hi TI,
Pls visit SSPS theory for details. It's not rule that you should jump into trade as soon as pivot is broken. At times,you have to wait for opportunity if Stop is far away. |
Hello Arjun,
I am already aware of the rejection entry trades in case the stoploss is too far away to fit in the money management rules as explained by Spec sir.. Its just that i was trying to explain the basic trend change rule..
Regards,
TraderIndian |
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Arjun20 Yellow Belt

Joined: 23 Jun 2011 Posts: 945
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Post: #1624 Posted: Wed May 02, 2012 7:05 pm Post subject: |
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@TI and Amigo,
Pls Note that post was Intentional..... .Just to make learners aware.
YOu both are aware of rules. That's good.
But just re-read the TI's sentence from learner's eye's. Entry is taken as soon as the DSP/USP is breached'
Got it ? There are past posts where learner's often get confused regarding proper entry. And some did commit mistakes of jumping in trade as soon as pivot is broken . Couple month's back also one friend posted same mistake.
Take it easy....  |
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ashis White Belt

Joined: 28 Mar 2010 Posts: 75
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Post: #1625 Posted: Wed May 02, 2012 9:01 pm Post subject: |
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Dear Saklecha,
Thanks for attached link.
In this system speculator sir and other experts explained very briefly about this theory. In your link there is no literature about Gann Theory. So if you will attach this detail in this thread and if we combined these both theory and get any positive result than it is verymuch helpful for all traders. To buy @ bottom and sell @ highest pick.
Awaiting for your valuable comments.
Regards
Ashis |
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traderindian White Belt

Joined: 03 Apr 2010 Posts: 56
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Post: #1626 Posted: Thu May 03, 2012 12:12 pm Post subject: |
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Arjun20 wrote: | @TI and Amigo,
Pls Note that post was Intentional..... .Just to make learners aware.
YOu both are aware of rules. That's good.
But just re-read the TI's sentence from learner's eye's. Entry is taken as soon as the DSP/USP is breached'
Got it ? There are past posts where learner's often get confused regarding proper entry. And some did commit mistakes of jumping in trade as soon as pivot is broken . Couple month's back also one friend posted same mistake.
Take it easy....  |
Hi Arjun,
Got your point...Thanks for the clarification ..I dint mean to be rude by any stretch of imagination.. I understood what you were trying to explain..
Hope everyone made some profit from this short trade !! Thanks to Spec Sir for this method and veterans for always helping us..
Cheers !  |
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Arjun20 Yellow Belt

Joined: 23 Jun 2011 Posts: 945
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Post: #1627 Posted: Thu May 03, 2012 3:35 pm Post subject: |
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NF-15min DSP shifted to 5233.95 03May 13.00-13.15 candle |
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sonila Brown Belt

Joined: 04 Jun 2009 Posts: 1786
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Post: #1628 Posted: Fri May 04, 2012 4:42 pm Post subject: |
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can anybody post today's chart with new usp or dsp if any,plz. |
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smartcancerian Yellow Belt

Joined: 07 Apr 2010 Posts: 542
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Post: #1629 Posted: Fri May 04, 2012 9:16 pm Post subject: |
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Arjun20 wrote: | NF-15min DSP shifted to 5233.95 03May 13.00-13.15 candle |
@ sonila..no change..same as above..  |
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sonila Brown Belt

Joined: 04 Jun 2009 Posts: 1786
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Post: #1630 Posted: Fri May 04, 2012 10:12 pm Post subject: |
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Thanx,smartc |
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sonila Brown Belt

Joined: 04 Jun 2009 Posts: 1786
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Post: #1631 Posted: Mon May 07, 2012 8:50 pm Post subject: |
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any update ???
nf has crossed up 34-ema and now trading above it.
what to do ? take long on a rejection from 34-ema ???
any body plz suggest . |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #1632 Posted: Tue May 08, 2012 9:09 am Post subject: |
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sonila wrote: | any update ???
nf has crossed up 34-ema and now trading above it.
what to do ? take long on a rejection from 34-ema ???
any body plz suggest . |
Sonila,
crossing 34-ema is not the only paramter for spec's swing methodology. pls go thru the thread in more detail. |
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Arjun20 Yellow Belt

Joined: 23 Jun 2011 Posts: 945
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Post: #1633 Posted: Tue May 08, 2012 9:58 am Post subject: |
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sonila wrote: | any update ???
nf has crossed up 34-ema and now trading above it.
what to do ? take long on a rejection from 34-ema ???
any body plz suggest . |
Sonila, you can take longs at rejection. But the trend change will not be confirmed till we don't breach DSP. You are speculating against trend. Alternately you can take it as day trade and later decide whether to carry it or not..
Read theory for rejection entry rules, stops etc. I personally have not acquired skills to handle such trades on lower TF's. |
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sonila Brown Belt

Joined: 04 Jun 2009 Posts: 1786
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Post: #1634 Posted: Tue May 08, 2012 10:38 am Post subject: |
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Thnx, arjun, vinst. |
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sonila Brown Belt

Joined: 04 Jun 2009 Posts: 1786
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Post: #1635 Posted: Tue May 08, 2012 10:39 am Post subject: |
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Thnx, arjun, vinst. |
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