| View previous topic :: View next topic |
| Author |
Swing Trading : The Speculator way |
Thaavo
White Belt
Joined: 23 Apr 2011
Posts: 18
|
Post: #646  Posted: Wed May 18, 2011 7:55 am Post subject: Re: too many replies |
 |
|
| sathya999 wrote: | Too many replies and other stock charts in the same thread....
This needs to be organized.? Can we post charts for other stocks in another thread. |
 really great this methord......
|
|
| Back to top |
|
 |
|
|
|
Jai2000
White Belt
Joined: 09 Aug 2010
Posts: 346
|
| Post: #647 Posted: Wed May 18, 2011 9:47 am Post subject: Swing Trading |
|
|
One more good point from SB
Speculator : Here's a small tip to swing traders.I calculate the Daily ATR. Ususally gap size are no more than 1/2 EOD ATR. So if daily ATR is 100 points, gaps will usually be around 50 points. Very rarely they exceed that. So if one is carrying position then calculate the overnight risk. If one can afford only 30 point max loss, then his trade should at least 20 points in profit to guard against gap losses. If my swing is not 20 points in profit i dump it and take the position nxt day
Jai
|
|
| Back to top |
|
|
Thaavo
White Belt
Joined: 23 Apr 2011
Posts: 18
|
| Post: #648 Posted: Wed May 18, 2011 3:17 pm Post subject: Re: Swing Trading |
|
|
| Jai2000 wrote: | One more good point from SB
Speculator : Here's a small tip to swing traders.I calculate the Daily ATR. Ususally gap size are no more than 1/2 EOD ATR. So if daily ATR is 100 points, gaps will usually be around 50 points. Very rarely they exceed that. So if one is carrying position then calculate the overnight risk. If one can afford only 30 point max loss, then his trade should at least 20 points in profit to guard against gap losses. If my swing is not 20 points in profit i dump it and take the position nxt day
Jai |
some one please post AXIS banks todays 15 minute chart with entry points, please......
|
|
| Back to top |
|
|
GAJ
White Belt
Joined: 09 Dec 2010
Posts: 24
|
| Post: #649 Posted: Wed May 18, 2011 8:02 pm Post subject: Re: Swing Trading |
|
|
| Jai2000 wrote: | One more good point from SB
Speculator : Here's a small tip to swing traders.I calculate the Daily ATR. Ususally gap size are no more than 1/2 EOD ATR. So if daily ATR is 100 points, gaps will usually be around 50 points. Very rarely they exceed that. So if one is carrying position then calculate the overnight risk. If one can afford only 30 point max loss, then his trade should at least 20 points in profit to guard against gap losses. If my swing is not 20 points in profit i dump it and take the position nxt day
Jai |
Good guide line.
What's the ATR period?
|
|
| Back to top |
|
|
Jai2000
White Belt
Joined: 09 Aug 2010
Posts: 346
|
| Post: #650 Posted: Thu May 19, 2011 7:38 am Post subject: ATR |
|
|
GAJ,
It's default 14.
Jai
|
|
| Back to top |
|
|
Jai2000
White Belt
Joined: 09 Aug 2010
Posts: 346
|
| Post: #651 Posted: Thu May 19, 2011 7:43 am Post subject: NICKEL |
|
|
Nickel very closer to 60TF pivot @1127.40..............
(ema 13, 34 )
Jai
| Description: |
|
| Filesize: |
30.88 KB |
| Viewed: |
323 Time(s) |
|
|
|
| Back to top |
|
|
rainbow
White Belt
Joined: 25 Feb 2010
Posts: 202
|
| Post: #652 Posted: Thu May 19, 2011 8:01 am Post subject: Re: NICKEL |
|
|
Jai GM.
1. so would you place a stop buy at pivot or wait for rej?
2. if either, what would be your Intra stop loss
Disclaimer: dont have commo sub, nor trades 
have a nice day, all
Cheers
DJ
| Jai2000 wrote: | Nickel very closer to 60TF pivot @1127.40..............
(ema 13, 34 )
Jai |
|
|
| Back to top |
|
|
Jai2000
White Belt
Joined: 09 Aug 2010
Posts: 346
|
| Post: #653 Posted: Thu May 19, 2011 9:23 am Post subject: NICKEL |
|
|
Dj,
I wish to enter @pivot cross & will place SL as usual 5Tf pivot. Reenter or adding would be based on 15Tf rejection. 
Regards,
Jai
|
|
| Back to top |
|
|
vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
|
| Post: #654 Posted: Thu May 19, 2011 9:38 am Post subject: |
|
|
| NF 30 min downswing pivot remains at 5623.
|
|
| Back to top |
|
|
Jai2000
White Belt
Joined: 09 Aug 2010
Posts: 346
|
| Post: #655 Posted: Thu May 19, 2011 6:44 pm Post subject: SBIN |
|
|
SBIN made new closer pivot @15TF after longggggg time........
Jai
| Description: |
|
| Filesize: |
20.35 KB |
| Viewed: |
349 Time(s) |
|
|
|
| Back to top |
|
|
sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
|
| Post: #656 Posted: Thu May 19, 2011 8:57 pm Post subject: AXISBANK |
|
|
AXISBANK
***********
This is my first attempt in this thread...
Though I have played many NVK setups, and few rejection based intradays, I would love to learn more and more from this group and share my understanding of this rejection based setups wonderfully started by Spec sir.. I'm sure I will get full cooperation from my friends out here...
Axis bank is showing constant divergence on 60 tf (and also on eod). May be we can enter in half qty at this level with a very small SL of low 1200. Rest half can be entered on breach of downside pivot @ 1268.55. Then if it picks up the trend we can possibly add more on 13/34 ema rejections.
This swing can be worth 100-150 points, I guess.
But this is only MY understanding of this setup, I would love to hear comments and modifications from my fellow trader friends.
Regards,
Sumesh
| Description: |
|
| Filesize: |
41.91 KB |
| Viewed: |
340 Time(s) |
|
|
|
| Back to top |
|
|
chiragbvyas
White Belt
Joined: 18 Feb 2010
Posts: 469
|
| Post: #657 Posted: Thu May 19, 2011 11:02 pm Post subject: |
|
|
| i try to understand but have no clue about the term NVK set up, what is it actually and how to identify that set up ? pls guide. Thanks.
|
|
| Back to top |
|
|
Thaavo
White Belt
Joined: 23 Apr 2011
Posts: 18
|
| Post: #658 Posted: Fri May 20, 2011 7:00 am Post subject: |
|
|
| chiragbvyas wrote: | | i try to understand but have no clue about the term NVK set up, what is it actually and how to identify that set up ? pls guide. Thanks. |
chirag nvk is nothing but rsi divergence...... 2-3 type of divergence are there..... please go to nvk set up and learn it.....
|
|
| Back to top |
|
|
HARISRIB
White Belt
Joined: 22 Feb 2009
Posts: 10
|
| Post: #659 Posted: Fri May 20, 2011 8:54 am Post subject: Re: SBIN |
|
|
| Jai2000 wrote: | SBIN made new closer pivot @15TF after longggggg time........
Jai |
Though we can take this as new pivot, price has not touched 34EMA. This is not the ideal case pivot. Correct me if I am wrong guys.
Thanks,
Sri Hari
|
|
| Back to top |
|
|
singh.ravee
Yellow Belt
Joined: 12 Aug 2010
Posts: 678
|
| Post: #660 Posted: Fri May 20, 2011 8:55 am Post subject: Re: AXISBANK |
|
|
| sumesh_sol wrote: | AXISBANK
***********
This is my first attempt in this thread...
Though I have played many NVK setups, and few rejection based intradays, I would love to learn more and more from this group and share my understanding of this rejection based setups wonderfully started by Spec sir.. I'm sure I will get full cooperation from my friends out here...
Axis bank is showing constant divergence on 60 tf (and also on eod). May be we can enter in half qty at this level with a very small SL of low 1200. Rest half can be entered on breach of downside pivot @ 1268.55. Then if it picks up the trend we can possibly add more on 13/34 ema rejections.
This swing can be worth 100-150 points, I guess.
But this is only MY understanding of this setup, I would love to hear comments and modifications from my fellow trader friends.
Regards,
Sumesh |
Sumesh Hello,
Look at axisbank eod chart. Last few sessions are congestion zone session. That is probable one reason that divergence is not working in axis eod. U can think of trading the breakout from congestion zone. Wait till that time.
Thanks and Regards
Ravee
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
