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Swing Trading : The Speculator way |
vvsp
White Belt
Joined: 10 Nov 2010
Posts: 62
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Post: #2311  Posted: Mon Aug 12, 2013 7:27 pm Post subject: |
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| Andre wrote: | DSP of 5760 odd has not been broken..but nifty is making higher high in 15 m TF..and according to this USP is 5568.1....this is confusing.... at least in 15TF....
I know things will become clearer as we move to higher time frame....but in 15TF....what should be the approach as of now?
Please clarify...
Regards,
Andre |
There is no confusion when you follow the system. When price goes above DSP(around 5760), trend changes. If price goes below low(around 5516), gives new DSP. In present condition, bearish rejections can be used for swing trade. Bullish rejections can be used for day trade. |
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singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
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| Post: #2312 Posted: Mon Aug 12, 2013 8:08 pm Post subject: |
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| vvsp wrote: |
In present condition, bearish rejections can be used for swing trade. Bullish rejections can be used for day trade. |
hi,
pls share how will we decide in present situation whether to take bearish rejection (for swing trade) or bullish rejection (for day trade).
Like, today price pulled to 15min 34ema. Now which trade to take, bullish rejection or bearish rejection. How to decide this.
Today i attempted bearish rejection and sl got hit.
kindly clarify
regards |
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SUNIL_PATIL_34
White Belt
Joined: 29 Sep 2009
Posts: 72
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| Post: #2313 Posted: Tue Aug 13, 2013 1:02 am Post subject: |
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| 5568 swing low its not hit if hits then small bear rally i think |
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bharatpatel
White Belt
Joined: 26 Oct 2011
Posts: 401
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| Post: #2314 Posted: Wed Aug 14, 2013 1:31 pm Post subject: hi |
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Dear Friends,
One thought .....
Suppose we do not use R S I also we do not use 8 E M A and just use 34 E M A.
Is it o k ? or will effect decision making ?
Seniors pls help. |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #2315 Posted: Wed Aug 14, 2013 2:05 pm Post subject: Re: hi |
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| bharatpatel wrote: | | Dear Friends, Suppose we do not use R S I also we do not use 8 E M A and just use 34 E M A. Is it o k ? or will effect decision making ? |
Bharat: no senior/ junior, hum sabh ek hi trading level pe hain:
ek hi khayal aya mujhe! Suppose you are taught driving Maruti 800 and teacher says now you drive and show me. If you say suppose I dont use clutch/ brake/ turning indicator/ rearview mirror but only dabhav accelerator TAB KAAM CHALEGA???
Prakash Holla |
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bharatpatel
White Belt
Joined: 26 Oct 2011
Posts: 401
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| Post: #2316 Posted: Wed Aug 14, 2013 2:20 pm Post subject: Re: hi |
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| pkholla wrote: | | bharatpatel wrote: | | Dear Friends, Suppose we do not use R S I also we do not use 8 E M A and just use 34 E M A. Is it o k ? or will effect decision making ? |
Bharat: no senior/ junior, hum sabh ek hi trading level pe hain:
ek hi khayal aya mujhe! Suppose you are taught driving Maruti 800 and teacher says now you drive and show me. If you say suppose I dont use clutch/ brake/ turning indicator/ rearview mirror but only dabhav accelerator TAB KAAM CHALEGA???
Prakash Holla |
Dear P K,
Understood. |
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prabit
White Belt
Joined: 02 Jul 2009
Posts: 133
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| Post: #2317 Posted: Thu Aug 15, 2013 7:27 am Post subject: |
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Hi guys,
This system is well researched, thanks again to speculator. This system incorporates very important recognised rule i.e. trade only in favour of trend.
Trading requires patience, so have patience and wait for opportunity. |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2318 Posted: Sun Aug 25, 2013 8:17 am Post subject: |
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nifty chart
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2319 Posted: Sun Aug 25, 2013 8:34 am Post subject: |
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| prabit wrote: | Hi guys,
This system is well researched, thanks again to speculator. This system incorporates very important recognised rule i.e. trade only in favour of trend.
Trading requires patience, so have patience and wait for opportunity. |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2320 Posted: Thu Aug 29, 2013 7:08 am Post subject: |
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nifty-1m chart....15tf
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2321 Posted: Fri Sep 06, 2013 1:52 pm Post subject: |
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nifty chart
 |
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smartcancerian
Yellow Belt
Joined: 07 Apr 2010
Posts: 542
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| Post: #2322 Posted: Thu Sep 12, 2013 2:57 pm Post subject: |
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nifty-1m 15tf in dntrend now..
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ajit602
White Belt
Joined: 11 Sep 2012
Posts: 370
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| Post: #2323 Posted: Thu Sep 12, 2013 4:03 pm Post subject: |
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| smartcancerian wrote: | nifty-1m 15tf in dntrend now..
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This downtrend is positional or intraday. Please tell with explanation. |
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singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
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| Post: #2324 Posted: Thu Sep 12, 2013 7:01 pm Post subject: |
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| ajit602 wrote: |
This downtrend is positional or intraday. Please tell with explanation. |
take the plunge and experience yourself, it would be the best explanation
rgds |
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bharatpatel
White Belt
Joined: 26 Oct 2011
Posts: 401
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| Post: #2325 Posted: Thu Sep 12, 2013 8:29 pm Post subject: |
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| ajit602 wrote: | | smartcancerian wrote: | nifty-1m 15tf in dntrend now..
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This downtrend is positional or intraday. Please tell with explanation. |
Ajit,
You have to manage the trade as it unfolds if stop is not taken then it is positional otherwise it's intra .........
Depends on many thhings though ... like your risk taking criteria ... if sufficient margin is not there then you have to square up intra day ....
so practice as many charts as you can ....
when to play intra , contra , or positional ....... |
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