| View previous topic :: View next topic |
| Author |
Swing Trading : The Speculator way |
kiranlegend
White Belt
Joined: 21 Apr 2011
Posts: 73
|
Post: #2221  Posted: Thu Apr 11, 2013 8:49 am Post subject: |
 |
|
| mogili wrote: | | Pl expand USP/DSP so that new comers like me can understand the full implication of the strategy. Sorry for asking this question. |
USP is Upswing pivot. In an Uptrend, when the price breaks upswing pivot, the trend is said to have changed to down from up. Viceversa for the other side when DSP breaks.
DSP is Down swing Pivot.
|
|
| Back to top |
|
 |
|
|
|
kiranlegend
White Belt
Joined: 21 Apr 2011
Posts: 73
|
| Post: #2222 Posted: Thu Apr 11, 2013 9:01 am Post subject: |
|
|
NF 15 mins Uptrend with 5481.20 as USP
NS 15mins Uptrend with 5477.75 as USP
Please correct me if i am wrong anywhere.
|
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #2223 Posted: Thu Apr 11, 2013 2:16 pm Post subject: |
|
|
| new USP is at 5542 NF. 15 mins time frame....this method is going really strong...
|
|
| Back to top |
|
|
EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
|
| Post: #2224 Posted: Thu Apr 11, 2013 4:50 pm Post subject: |
|
|
| skd2012 wrote: | | new USP is at 5542 NF. 15 mins time frame....this method is going really strong... |
Hi skd, would it be possible for you to post the chart? I dont have access to the same.
thanks.
|
|
| Back to top |
|
|
mogili
Green Belt
Joined: 29 Jan 2013
Posts: 1025
|
| Post: #2225 Posted: Thu Apr 11, 2013 8:42 pm Post subject: |
|
|
| kiranlegend wrote: | | mogili wrote: | | Pl expand USP/DSP so that new comers like me can understand the full implication of the strategy. Sorry for asking this question. |
USP is Upswing pivot. In an Uptrend, when the price breaks upswing pivot, the trend is said to have changed to down from up. Viceversa for the other side when DSP breaks.
DSP is Down swing Pivot. |
Many thanks.
|
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #2226 Posted: Fri Apr 12, 2013 6:55 am Post subject: |
|
|
| EssJay wrote: | | skd2012 wrote: | | new USP is at 5542 NF. 15 mins time frame....this method is going really strong... |
Hi skd, would it be possible for you to post the chart? I dont have access to the same.
thanks. |
Here is your chart.
| Description: |
|
| Filesize: |
38.26 KB |
| Viewed: |
436 Time(s) |
|
|
|
| Back to top |
|
|
EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
|
| Post: #2227 Posted: Fri Apr 12, 2013 7:17 am Post subject: |
|
|
| skd2012 wrote: | | EssJay wrote: | | skd2012 wrote: | | new USP is at 5542 NF. 15 mins time frame....this method is going really strong... |
Hi skd, would it be possible for you to post the chart? I dont have access to the same.
thanks. |
Here is your chart. |
Thanks as always, skd.
Regards.
|
|
| Back to top |
|
|
EssJay
White Belt
Joined: 05 Sep 2012
Posts: 270
|
| Post: #2228 Posted: Fri Apr 12, 2013 7:25 am Post subject: |
|
|
As per me, we are still in downswing with 5622 as the DSP. Contrary to what everyone thinks, 5542 is not the USP. Remember to qualify as a pivot, it has to take out the previous pivot and lead to a new recovery high. We haven't taken out 5622 yet. We might, today but we haven't as of now.
Regards.
|
|
| Back to top |
|
|
skd2012
Yellow Belt
Joined: 03 Oct 2012
Posts: 948
|
| Post: #2229 Posted: Fri Apr 12, 2013 10:08 am Post subject: |
|
|
| Jay, just update as per the system..no ifs and buts...as per 15 mins time frame it has broken USP....30 mins maintaining down swing still....
|
|
| Back to top |
|
|
smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
|
| Post: #2230 Posted: Sun Apr 14, 2013 11:52 am Post subject: |
|
|
| NF currently is in dntrend with DSP at 5617.40.we need to go below ysday low to have a new DSP..rejection already occured..But ,If we visualise..the current price action is taking place broadly between 9th april high & 10th april low.(see eod chart also)..till we clear these range..mkt may be in sideway mode.we may see multiple rejections without any any high/low being made..this is my personal observation..( but we need to take all signals as per method)
|
|
| Back to top |
|
|
smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
|
| Post: #2231 Posted: Mon Apr 15, 2013 9:19 am Post subject: |
|
|
| DSP now @ 5557 but its better to use 5563..
|
|
| Back to top |
|
|
smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
|
| Post: #2232 Posted: Mon Apr 15, 2013 11:29 am Post subject: |
|
|
| DSP taken out..USP is 5503..
|
|
| Back to top |
|
|
smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
|
| Post: #2233 Posted: Tue Apr 16, 2013 2:29 pm Post subject: |
|
|
| new USP @ 5538.90
|
|
| Back to top |
|
|
bharatpatel
White Belt
Joined: 26 Oct 2011
Posts: 401
|
| Post: #2234 Posted: Wed Apr 17, 2013 10:52 am Post subject: hi |
|
|
Dear Seniors,
One small request.......
When ever you post U S P & D S P levels pls post with charts and couple of lines to explain why that value now became U S P or D S P so new serious learners can understand and learn easily.
Hope your guidance will help us better understanding.
Bharat.
|
|
| Back to top |
|
|
bharatpatel
White Belt
Joined: 26 Oct 2011
Posts: 401
|
| Post: #2235 Posted: Wed Apr 17, 2013 5:56 pm Post subject: hi |
|
|
| Any Updates ?
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
