Tom de mark sequential monitor for nifty50 stocks

aaru

Well-Known Member
Vivek bro can you also add the queries you posted in general trading thread about TDST here.. so that all the posts to which ST sir replied are all clubbed here in one thread.. TIA
 

vivektrader

In persuit of financial independence.
Reposting
ST sir, please have a look at the chart below with annotations, should there be any change in management of this long trade?


Vivek
 
Last edited:

vivektrader

In persuit of financial independence.
Reposting
[quote name="vivektrader" post=1228587]ST sir, please have a look at the chart below with annotations, should there be any change in management of this long trade?
[/QUOTE]

It gave a flip on the next bar after 7 setup bar..which means that the upmove is halted.I would probably exit when low of set up bar 5 is cracked.

The share needs to form base at lower levels,form a lower TDST and then take an upmove...till then it is a corrective upmove in a larger downtrend.

Smart_trade
 

vivektrader

In persuit of financial independence.
Reposting
[quote name="Smart_trade" post=1228589]It gave a flip on the next bar after 7 setup bar..which means that the upmove is halted.I would probably exit when low of set up bar 5 is cracked.

The share needs to form base at lower levels,form a lower TDST and then take an upmove...till then it is a corrective upmove in a larger downtrend.

Smart_trade[/QUOTE]
By forming a lower TDST, is this you are implying (as in Coal India)


Vivek
 

vivektrader

In persuit of financial independence.
Reposting
[quote name="Smart_trade" post=1228589]It gave a flip on the next bar after 7 setup bar..which means that the upmove is halted.I would probably exit when low of set up bar 5 is cracked.

The share needs to form base at lower levels,form a lower TDST and then take an upmove...till then it is a corrective upmove in a larger downtrend.

Smart_trade[/QUOTE]
Somehow subjectivity creeped into an otherwise objective system, as per my earlier understanding, we were not supposed to trail/manage untill 9, or TDST. Can't help being confused a bit:confused:

Vivek
 

vivektrader

In persuit of financial independence.
Reposting
[quote name="vivektrader" post=1228597]Somehow subjectivity creeped into an otherwise objective system, as per my earlier understanding, we were not supposed to trail/manage untill 9, or TDST. Can't help being confused a bit:confused:[/QUOTE]

No subjectivity in the system.System does not tell us to sell but I told you how I would probably trade this chart.If you want to go as per the system,hold your long positions,the market may consolidate here and start a new sell set up or it will hit the the stoploss.

I have always given more importance to what the market is doing .

Smart_trade
 

vivektrader

In persuit of financial independence.
Reposting
[quote name="Smart_trade" post=1228606]No subjectivity in the system.System does not tell us to sell but I told you how I would probably trade this chart.If you want to go as per the system,hold your long positions,the market may consolidate here and start a new sell set up or it will hit the the stoploss.

I have always given more importance to what the market is doing .

Smart_trade[/QUOTE]


Vivek
 

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