How to trade with an oscillator

Smart_trade

Smart_trade

Moderator
#1,011
#1,011
S

santoshdts

Active Member
#1,012
#1,012
Hello!..
ST Sir & other seniors,

Can I call this a positive divergence on RSI in NF today, There was a minor divergence on Stoch as well..

Long activated??

please discuss..

regards
 
Smart_trade

Smart_trade

Moderator
#1,013
#1,013
santoshdts said:
Hello!..
ST Sir & other seniors,

Can I call this a positive divergence on RSI in NF today, There was a minor divergence on Stoch as well..

Long activated??

please discuss..

regards
Click to expand...
Yes there is a positive divergence on RSI and Stochastics both...so buy over 1:20 high....stoploss 1:05 low.

There is a strong resistance at 4819...market has to take that out before we can get any meaningful upmove....

Smart_trade
 
Last edited:
Smart_trade

Smart_trade

Moderator
#1,015
#1,015
santoshdts said:
Thanks for the reply Sir,
subsequently there was a negative divergence on Stoch. and NF tanked..

regards

Santosh
Click to expand...
Yes Santosh , nifty futures could not take out 4819 and went sideways there and when low of the sideways is cracked, it confirmed that the upmove was weak and over....and the main trend today which was down is resuming....and it went down till the end.

Smart_trade
 
sudris

sudris

Well-Known Member
#1,016
#1,016
Smart_trade said:
This thread is completing its 1000 posts. The thread was started when I saw someone making observations on OB/OS markets and interpreting the excessive OB/OS incorrectly . So started this thread and the thread rolled on.....

I am extremely thankful to all the participants who participated wholeheartedly, asked questions, discussed various issues and supported sharing/ learning. I too learnt a lot from this thread and it has been a wonderful journey all along....

Thanks everyone...you all made this thread so lively....

Smart_trade
Click to expand...
And we thank you in return for your dedication and continuous efforts in spreading the knowledge among us. ;)
 
prst

prst

Well-Known Member
#1,017
#1,017
Dear ST,

my heartfelt thanks to you for your useful contributions to this wonderful forum..

any little bit of TA I know is because of this useful forum and the ever helpful senior members of this forum..
hope your tribe grows..

Thanks again..
regards
Prashanth..
 
F

Fxtrad

Member
#1,019
#1,019
Dear ST,

I wish u clear my doubt regarding moneymanagement.
Strict 1:2 risk: reward is better OR getting in and out according to method (keeping 1% as fix stoploss and taking profit accordingly)is better.
Thanks in advance.
 
prst

prst

Well-Known Member
#1,020
#1,020
getting in and out is better only if you have a prepaid brockerage (like sharekhan)
 
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