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Swing Trading : The Speculator way |
smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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Post: #2101  Posted: Tue Jan 22, 2013 2:48 pm Post subject: |
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| NF took DSP and now again it has taken out latest USP @ 6071.. |
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Jai2000
White Belt
Joined: 09 Aug 2010
Posts: 346
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| Post: #2102 Posted: Tue Jan 22, 2013 7:47 pm Post subject: RE |
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SmartC,
No.......other than 5TF all higher TFs are in uptrend ,and the pivot is 6001.35.
Jai |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2103 Posted: Tue Jan 22, 2013 8:55 pm Post subject: |
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Hello Jai..  Seeing you after a long time here..
Yes, you are right..but..If you match odin data for corresponding period in NF..On 21jan..Opening candle of NF is not showing correct high as per initial ticks missed in icharts..so the whole scene changed..As a matter of confirmation, i have started to look at spot chart as well now...which is very crsytal clear...here is the SPOT chart...
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Jaii
White Belt
Joined: 11 Sep 2007
Posts: 210
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| Post: #2104 Posted: Wed Jan 23, 2013 7:52 am Post subject: RE |
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SmartC,
ok... I've no idea about Trading terminal prices. ys Nifty spot price ok. Chart is more than enough-IMO!
Jai |
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sandew
White Belt
Joined: 02 Feb 2009
Posts: 174
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| Post: #2105 Posted: Wed Jan 23, 2013 4:29 pm Post subject: mid week |
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Wednesdy Eod NF close 6078, high 6079 low 6029.
60M NF
Swing Trend remains Up,
USP @ 6001, remains
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PA closed 'in-balance', around ema 34
on upside 6092 and lower 6060 remains trigger levels.
Alternates:
Cross of 6109 will shift USP to 6029.,
A possible rejection off ema 34 and slide down again.
A possible touch of 6109, a fall and rejection off ema 34 to then shoot up to 6180,the theoretical swing target.
Note: today close is strong. |
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sandew
White Belt
Joined: 02 Feb 2009
Posts: 174
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| Post: #2106 Posted: Fri Jan 25, 2013 3:48 pm Post subject: Nifty weekend |
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Friday Eod NF close 6079, high 6082 low 6014.
60M NF
Swing Trend remains Up,
USP @ 6001, remains
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PA closed with positive bias after the yo-yo heart-pumping ride. Bounced off double bottom of 6011.
Cross of 6109 will shift USP to 6011.
6053 needs to be held for sustained upmove for a theoretical swing target of 6180. |
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singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
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| Post: #2107 Posted: Fri Jan 25, 2013 6:25 pm Post subject: Re: Nifty weekend |
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| sandew wrote: | Friday Eod NF close 6079, high 6082 low 6014.
60M NF
Swing Trend remains Up,
USP @ 6001, remains
=====
PA closed with positive bias after the yo-yo heart-pumping ride. Bounced off double bottom of 6011.
Cross of 6109 will shift USP to 6011.
6053 needs to be held for sustained upmove for a theoretical swing target of 6180. |
Where is the fulcrum for nifty future??
rgds |
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sandew
White Belt
Joined: 02 Feb 2009
Posts: 174
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| Post: #2108 Posted: Sun Jan 27, 2013 10:56 pm Post subject: Hi |
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6053 is my fulcrum.
But i expect volatility.
Low risk trade is accumulate 6100 Ce and 6000 Pe.
How, what and when to close will depend on one's skill.
The levels may go haywire on RBI policy. So i am keeping my swing levels on the side till Tuesday. |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2109 Posted: Mon Jan 28, 2013 7:38 am Post subject: |
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| @ sandew..how do you calculate Theortical swing target(6180)..?? can you explain with the help of chart..?? |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #2110 Posted: Mon Jan 28, 2013 2:34 pm Post subject: |
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| Jan NF 15min, USP revised to 6063 |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2111 Posted: Tue Jan 29, 2013 11:36 am Post subject: |
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| In conjunction with NS charts..NF new USP is now 6060.90.. |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #2112 Posted: Tue Jan 29, 2013 11:48 am Post subject: |
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15min NF whipsawed today but the loss amount was small  |
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Jai2000
White Belt
Joined: 09 Aug 2010
Posts: 346
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| Post: #2113 Posted: Tue Jan 29, 2013 12:19 pm Post subject: re |
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Better we avoid other charting tools or terminal prices here, and follow only icharts. There is no point to taken 6063 as 15Tf pivot. It shifted to 6010.20 from 6001.35. Everyone can trade based on their individual taste, but when you post in forum better follow only icharts.Thanks.
Jai |
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #2114 Posted: Tue Jan 29, 2013 12:32 pm Post subject: Re: re |
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| Jai2000 wrote: | Better we avoid other charting tools or terminal prices here, and follow only icharts. There is no point to taken 6063 as 15Tf pivot. It shifted to 6010.20 from 6001.35. Everyone can trade based on their individual taste, but when you post in forum better follow only icharts.Thanks.
Jai |
Hello Jai,
I checked and found that my chart reading went wrong. Data was all right (only NSE futures data).
6063 wasn't USP for NF 15min. if anyone followed my wrong conclusion, I apologize. |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2115 Posted: Tue Jan 29, 2013 2:48 pm Post subject: |
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| Ok..@ Jai |
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