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Swing Trading : The Speculator way |
sonila Brown Belt
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Joined: 04 Jun 2009 Posts: 1786
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Post: #1711 Posted: Thu May 17, 2012 2:00 pm Post subject: |
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Sherbaazji, is the rejection, at 12.30 i mentioned a valid one ? |
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sherbaaz Yellow Belt
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Joined: 27 May 2009 Posts: 543
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Post: #1712 Posted: Thu May 17, 2012 2:15 pm Post subject: |
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sonila wrote: | Sherbaazji, is the rejection, at 12.30 i mentioned a valid one ? |
yes right short at the low of the candle not at the closing price.
regds, |
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sonila Brown Belt
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Joined: 04 Jun 2009 Posts: 1786
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Post: #1713 Posted: Thu May 17, 2012 2:39 pm Post subject: |
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Thnx sherbaaz. |
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sonila Brown Belt
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Joined: 04 Jun 2009 Posts: 1786
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Post: #1714 Posted: Fri May 18, 2012 11:42 am Post subject: |
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30-min tf, downtrend, new dsp = 4911
15-min tf, downtrend, new dsp = 4911
seniors,
plz correct. |
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chetan83 Brown Belt
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Joined: 19 Feb 2010 Posts: 2037
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Post: #1715 Posted: Fri May 18, 2012 4:44 pm Post subject: |
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sonila wrote: | 30-min tf, downtrend, new dsp = 4911
15-min tf, downtrend, new dsp = 4911
seniors,
plz correct. |
Exactly 4911.45 to be precise
so lets wait the Nifty to retrace by 20-30 points, if there is no Gap-up on Monday and 4912 is taken off
Chetan. |
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vinitkkl White Belt
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Joined: 05 Dec 2007 Posts: 23
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Post: #1716 Posted: Mon May 21, 2012 9:45 am Post subject: |
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dear all new usp in both 15 and 30 min 4767.45
waiting for the rejection to occur |
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ashis White Belt
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Joined: 28 Mar 2010 Posts: 75
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Post: #1717 Posted: Tue May 22, 2012 9:51 am Post subject: |
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chetan83 wrote: | sonila wrote: | 30-min tf, downtrend, new dsp = 4911
15-min tf, downtrend, new dsp = 4911
seniors,
plz correct. |
Exactly 4911.45 to be precise
so lets wait the Nifty to retrace by 20-30 points, if there is no Gap-up on Monday and 4912 is taken off
Chetan. |
Dear All seniors,
Guide me for bellow query.
On 18th May (Friday) Market close Bellow DSP.
DSP=4911 and Close of 18th is 4905 it was “v” shaped recovery from low 4767.90
On 21st May (Monday) opens gap up and breaks DSP 4911. So we are not in up trend and USP = 4767.90 it make high=4930 and than 3.30 p.m. last 15-min. candle close bellow 34-ema. So no trade and we ar waiting for vallied rejection for type-2 entry.
On 22nd May (Tueday) today it opens above 4930 so new USP = 4983.25 (Previous days last candle’s low)
My question is in this 160 points move we are just waiting for proper rejection and market moves up. So how to trade in this kind of situation?
Regards
Ashis
Last edited by ashis on Tue May 22, 2012 10:10 am; edited 1 time in total |
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sonila Brown Belt
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Joined: 04 Jun 2009 Posts: 1786
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Post: #1718 Posted: Tue May 22, 2012 11:50 am Post subject: |
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new usp in 30-min tf = 4883
new usp in 15- min tf = 4883 |
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sonila Brown Belt
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Joined: 04 Jun 2009 Posts: 1786
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Post: #1719 Posted: Tue May 22, 2012 11:53 am Post subject: |
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yesterday, nf touched 34-ema. but today we failed to get any valid type.2 bullish rejection long entry due to 45 pts gap up opening. |
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traderindian White Belt
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Joined: 03 Apr 2010 Posts: 56
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Post: #1720 Posted: Tue May 22, 2012 7:12 pm Post subject: |
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Nifty trend change (now in downtrend) after the break of 4883 USP both in 15 min as well as 30 min TF..
New DSP at 4936.. |
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sonila Brown Belt
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Joined: 04 Jun 2009 Posts: 1786
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Post: #1721 Posted: Tue May 22, 2012 7:24 pm Post subject: |
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Thnx traderindian,for update. |
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Arjun20 Yellow Belt
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Joined: 23 Jun 2011 Posts: 945
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Post: #1722 Posted: Tue May 22, 2012 7:45 pm Post subject: |
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ashis wrote: |
On 21st May (Monday) opens gap up and breaks DSP 4911. So we are not in up trend and USP = 4767.90 it make high=4930 and than 3.30 p.m. last 15-min. candle close bellow 34-ema. So no trade and we ar waiting for vallied rejection for type-2 entry.
My question is in this 160 points move we are just waiting for proper rejection and market moves up. So how to trade in this kind of situation?
Regards
Ashis |
Hi Ashis.....
Shraddha aur Saboori.....that's all
Check chart. Check level from which down swing started . Check outcome. Conservative calculation - 5200-4800. Is that a small move ?
Don't u expect that market will take a hault after such major move. And this phenomenon of uptrend-downtrend-uptrend is quite often after such moves.
We have to enter and exit as per discipline
Shraddha - We will ride the next move like the recent one.Bullish or bearish ? we don't know
Saboori- wait for opportunity to jump in trade.
( Note- Such typo are expected to be corrected as they may mislead new readers) |
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ashis White Belt
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Joined: 28 Mar 2010 Posts: 75
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Post: #1723 Posted: Wed May 23, 2012 8:58 am Post subject: |
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Arjun20 wrote: | ashis wrote: |
On 21st May (Monday) opens gap up and breaks DSP 4911. So we are not in up trend and USP = 4767.90 it make high=4930 and than 3.30 p.m. last 15-min. candle close bellow 34-ema. So no trade and we ar waiting for vallied rejection for type-2 entry.
My question is in this 160 points move we are just waiting for proper rejection and market moves up. So how to trade in this kind of situation?
Regards
Ashis |
Hi Ashis.....
Shraddha aur Saboori.....that's all
Check chart. Check level from which down swing started . Check outcome. Conservative calculation - 5200-4800. Is that a small move ?
Don't u expect that market will take a hault after such major move. And this phenomenon of uptrend-downtrend-uptrend is quite often after such moves.
We have to enter and exit as per discipline
Shraddha - We will ride the next move like the recent one.Bullish or bearish ? we don't know
Saboori- wait for opportunity to jump in trade.
( Note- Such typo are expected to be corrected as they may mislead new readers) |
Dear Arjun sir,
Thanks for reply.
My intenssion is not to misslead or miss guide any body.
As per theory it breaks DSP so we are in up trend.
As per Speculator sir's guidance we have to wait for 34-ema rejection. So we are waiting for that but without giving proper indication it make new high. so my simple question is that how to trade in this type of situation?
If speculator or any other senior has observed any thing rathre than this than update that's all.
Regards
Ashis |
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Arjun20 Yellow Belt
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Joined: 23 Jun 2011 Posts: 945
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Post: #1724 Posted: Wed May 23, 2012 11:54 am Post subject: |
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ashis wrote: |
Dear Arjun sir,
Thanks for reply.
My intenssion is not to misslead or miss guide any body.
As per theory it breaks DSP so we are in up trend.
Regards
Ashis |
Dear Ashis,
No sir for me.
And i never ever mentioned that u written intentionally.
When u posted, that time NF was in up trend. But u typed "NF NOT in uptend" instead of 'NF NOW in up trend"
As meaning of both is totally opposite, i just requested to correct that typo mistake.....that's all. I think u did not recognize that RED typo mistake. |
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traderindian White Belt
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Joined: 03 Apr 2010 Posts: 56
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Post: #1725 Posted: Wed May 23, 2012 7:57 pm Post subject: |
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Thanks Arjun for the detailed explanation.. |
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