How to trade with an oscillator

Re: How to trade with an oscillator Part 2

Dear Smart,
Can u pl look into JublFood(cash) chart for today & discuss.
Though it stayed more than Five bars above 80,it did not make a New High.
In fact ,it came to oversold.
Long resulted in loss.
What other indicator,u would have looked into to avoid entry.
I am unable to post the chart due to s/w problem.

Re: How to trade with an oscillator Part 2

Please post chart

Re: How to trade with an oscillator Part 2

Dear gambler,
Pl go thro my post again

Re: How to trade with an oscillator Part 2

Hi Rangarajan,

I dont have cash scrips chart, my data supplier gives me data for F & O scrips only. So not able to comment .

But the way market is going, anything can happen. For example, Nifty Fut broke out above day's high and suddenly within few minutes it started a downtrend....we have to take such things in our stride. The market is so fragile and trends so weak in both directions that nothing is going to work in this market....better to preserve the trading capital by not trading till some trends with some strength develops.

Smart_trade

Re: How to trade with an oscillator Part 2



Ranbaxy today

Re: How to trade with an oscillator Part 2

Dear Smart,
Yr observation very correct.
Of late,this failure is happening frequently & hence i had solicited yr opinion to know as to whether i am missing anything other than what i had already learnt from you.

Thank u

Re: How to trade with an oscillator Part 2

As per this post by Kavima, a "Reverse Bullish Divergence" is explained as below. Is HDFC Bank showing a Reverse Bullish Divergence ??

Re: How to trade with an oscillator Part 2

Dear ST,

Thanks for your great valuable inputs on Oscillators ... After reading all your post, I require a little clarification :

1. Is when shorting, Stochs are good and when buying RSI ... (Stochs coming from Overbought and RSI coming out of oversold) ?

2. But do we need to check the CCI also, as to whether its above or below +/- 100. Because, it may happen that Stoch showing a sell and CCI at around 100 plus ... Then is it still good to short when the market may come up the very next moment ??

Just, some novice questions ... I hope you can clarify ... Thanks for everything !!!


Also, finally I would request you to please take out time and analyse NF as you used to do in the earlier phase of the thread. Believe me, it is very educative and especially when you have gone thru the whole day watching the charts live !!!


Ajit

Re: How to trade with an oscillator Part 2

Is there a good scalp in here ??



Bought 5200PE @91.. looking for 5 pts.

Re: How to trade with an oscillator Part 2

You bought 5200 puts ?? You should have bought a 5200 call....

ST