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Swing Trading : The Speculator way |
Speculator Expert
Joined: 15 Apr 2008 Posts: 149
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Post: #691 Posted: Thu May 26, 2011 8:15 am Post subject: |
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Quote: |
Sumesh,
These rules are for trade entry, not for determining the trend and pivot.
Thanks,
Prabhakar.
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Prabhakar is right. Those are rules for trade entry.
Even if we trade one tick above/below the pivot it's considered broken.
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Dear spec sir , do this swing stretegy works same on commodities , and what para meters i should use , iam a full time trader in commodities plz guide sir
peace,
shiva
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Yes, it works on all markets. For the paramters, it depends on the timeframe and the commodity that you are trying to trade. Can you be more specific on which commodity and what timeframe ?
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nonchalant zooid White Belt
Joined: 09 Sep 2010 Posts: 19
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Post: #692 Posted: Thu May 26, 2011 9:10 am Post subject: RIL too 962 in 60tf? |
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jjm wrote: | Dear All
RIL:
Downtrending with down swing pivots
15 tf : 962.00
30 tf : 962.00
60 tf : 966.00
SBI: Down trending with down swing pivot
15 tf : 2377.95
30 tf : 2688.55
60 tf : 2688.55
Regards |
I see 962 as 60tf pivot for RIL. Am i wrong?Jai can u pls confirm?
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Jai2000 White Belt
Joined: 09 Aug 2010 Posts: 346
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Post: #693 Posted: Thu May 26, 2011 9:39 am Post subject: RELIANCE |
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Sudaya,
Yes 962 is the 60TF pivot too.
Jai
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nonchalant zooid White Belt
Joined: 09 Sep 2010 Posts: 19
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Post: #694 Posted: Thu May 26, 2011 9:55 am Post subject: Re: RELIANCE |
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Jai2000 wrote: | Sudaya,
Yes 962 is the 60TF pivot too.
Jai |
Thanks jai
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aromal White Belt
Joined: 22 Mar 2010 Posts: 302
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Post: #695 Posted: Thu May 26, 2011 4:11 pm Post subject: Re: RELIANCE |
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sudaya3 wrote: | Jai2000 wrote: | Sudaya,
Yes 962 is the 60TF pivot too.
Jai |
Thanks jai | jai 962 is down swing pivot in ril...... wat to do if price comes over 962 in few days? that time should we look for downward rejection and go long?????
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gambletrader White Belt
Joined: 24 Feb 2011 Posts: 27
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Post: #696 Posted: Fri May 27, 2011 10:53 am Post subject: NIFTY PIVOTS |
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Hai Rain, Jai, Prabakar and all
Since Speculator is not updating daily NIFTY pivots why can't someone update it daily. The thread is becoming very complicated with too many stock tips but in the way lost the main scrip, NIFTY futures. Please somebody volunteer and update Pivots like Spec did everyday before which will help beginners like us to follow. Thanks.
Gambler
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Jai2000 White Belt
Joined: 09 Aug 2010 Posts: 346
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Post: #697 Posted: Fri May 27, 2011 2:27 pm Post subject: NIFTY PIVOT |
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NIFTY- 27/05/'11
Jai
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #698 Posted: Fri May 27, 2011 8:00 pm Post subject: |
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Hi All,
If possible pls update the uptrend/downtrend rejection levels for MARUTI in 15 & 30 mins TF. Also pls guide me in which trend MARUTI is trading. As per spec sir method.
It is confusing me to the see the huge discount level of MARUTI at 1197 and cash at 1220. Why is it so? Can anyone guide me on this.
Regards,
Chetan.
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karthik1027 White Belt
Joined: 14 Mar 2009 Posts: 3
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Post: #699 Posted: Fri May 27, 2011 10:12 pm Post subject: Re: NIFTY PIVOT |
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Jai2000 wrote: | NIFTY- 27/05/'11
Jai |
Dear Jai/Other friends,
Nifty 15MTF new pivot point, why cant the new pivot be 5363.25.? Because we have the rsi moving from OS to upwards and gud 34ema rejection as well.
Kindly guide me if I am wrong.
Thanks in Advance
Karthik
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karthik1027 White Belt
Joined: 14 Mar 2009 Posts: 3
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Post: #700 Posted: Fri May 27, 2011 10:16 pm Post subject: Re: NIFTY PIVOT |
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Jai2000 wrote: | NIFTY- 27/05/'11
Jai |
Dear Jai/Other friends
Is it because we need to take the lowest point between the previous pivot and the current candle which breaks the previous pivot, while price moves upwards?
Thanks in Advance
Karthik
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #701 Posted: Sat May 28, 2011 10:49 am Post subject: |
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chetan83 wrote: | Hi All,
If possible pls update the uptrend/downtrend rejection levels for MARUTI in 15 & 30 mins TF. Also pls guide me in which trend MARUTI is trading. As per spec sir method.
It is confusing me to the see the huge discount level of MARUTI at 1197 and cash at 1220. Why is it so? Can anyone guide me on this.
Regards,
Chetan. |
Hi Jai,
I wud request you to solve my query as u r most aware of this system.
Regards,
Chetan.
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #702 Posted: Sat May 28, 2011 11:59 am Post subject: |
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NF 30min still in downtrend.
Pivot 5522
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Jai2000 White Belt
Joined: 09 Aug 2010 Posts: 346
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Post: #703 Posted: Sat May 28, 2011 1:50 pm Post subject: NIFTY-30TF |
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Vinst,
hello, any reason why u dont think NF 30 Tf also in uptrend 24/05/'11- 13hrs candle's 34 ema @5416.69 & 5417.15 is candle high. So it's a valid pivot @30Tf too......
Jai
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Jai2000 White Belt
Joined: 09 Aug 2010 Posts: 346
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Post: #704 Posted: Sat May 28, 2011 1:56 pm Post subject: MARUTI |
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Chetan,
hi, MARUTI is in uptrend both 15 & 30Tfs. The upswing pivot is 1190(18/05/'11-10 hrs)candle. Once the new high above 1240.80(20/05/'11-9.30), the pivot will change.
Jai.
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Jai2000 White Belt
Joined: 09 Aug 2010 Posts: 346
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Post: #705 Posted: Sat May 28, 2011 2:10 pm Post subject: NIFTY PIVOT |
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Karthik -Is it because we need to take the lowest point between the previous pivot and the current candle which breaks the previous pivot, while price moves upwards?
Karthik,
Yes you are correct, previous swing,s low would be new pivot,so it's 5329.90. Breakout candle's (which breaks the pivot) high/low you can use for SL, or use 2 *ATR. It should not be a pivot.
Jai.
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