There is a substantial risk of loss associated with trading Derivatives . Losses can and will occur. My methods will not ensure profits

Wednesday, January 1, 2014

01012014


What a day ? Most of the traders are drunk and flat, I think.Pathetic volumes.  Made Rs 350 trading a 5 point range.Broker will rob 200 out of that..

18 comments:

  1. Hi ST,

    Nice humour. Really pathetic volumes. Nifty traders about to get extinct I guess.

    I had a query. I trade 5 min charts.
    Wanted your opinion whether it was FTC when prices formed DB and failed to reach PDH and retraced back to PDC and below.

    Plz click here

    Thanks
    TBP

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  2. ST which data provider do you use for charts ?

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  3. lol sir
    yours,
    karti

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  4. TBP

    No .FTC happens when price forms a swing pivot and second push after a pullback fails to break this pivot.

    ST

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  5. ST,
    Can I have an example of the above?

    Thanks
    TBP

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  6. TBP

    18122013
    FTC trades are always CT trades.
    It should be taken only when a directional move gets exhausted. Other factors like FTA and space are very important here also
    ST

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  7. Thanks ST for the reply.
    Was studying the post u mentioned.
    Can I say that if a swing high or low is not taken out upon retest only then FTC occurs? Nothing other than swing high or swing low?

    TBP

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  8. TBP

    TST and BOF of a DP is also Failure of price to continue beyond a certain point.
    The difference is TST and BOF happens when price interacts with an established DP. But FTC happens not at an established DP but a potential swing point which may become a DP later.
    FTC being a CT trade and not at an established DP are low probability trades in comparison with TST or BOF
    I will make a separate post later

    ST

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  9. Sir PDH was @6380 and in todays analysis you have marked @ 6360 i could not understand it , kindly update thnx

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  10. ST,
    picture much more clearer now.
    thanks for the explanation
    will wait for the post also

    TBP

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  11. Hello ST, One question I got for you.Dont you trade anything except Nifty?

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  12. Viren

    At present I am totally focused on Nifty Futures

    ST

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  13. Broker robs Rs. 40 at the most. Govt. robs more than 80% of the transaction cost!!!

    ReplyDelete

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