General Trading Chat

[Fundootrader]

BNF breaks yesterday Low

 

[arsh22g]

Ama sabhi loga minting money - noone talking - when is WPI out

EA website still showing Dec numbers. Investing.com calendar says CP at 5:30 PM, no mention of WPI.

 

[amitrandive]

WPI Numbers are @ 12 pm ??

If yes, the move should start in next few mins

 

[manojborle]

Lets see how far it goes.

Note: I am short from 7576 and will try to squeeze whatever possible for me.

As expected NF managed to reach YL and missed it by just 1 point.
I followed my trailing stop and got out @ 7524.
Aggressive management of trade was needed.
Anyways I am happy with my trade and now SOH and probably done for the day.

P.S. -----> Expectation is 7490, 7475. :lol:

 

[rahulmalik]

IMO - NF can easily bounce till 7650 levels from here.

I will be in 'buy on dips mode'. I exit all my short positions today

 

[wisp]

IMO - any quick moves early morning, will initiate a trade as per ATP, it might need some practice / backtesting.

Alternatively, I also recommend using continous ATP (as MA), can work as u suggested.

Rahul, do you have an afl for the ATP MA? I have one but the ATP doesnt match with the one I have on my terminal.

 

[arsh22g]

__Speculative____

 

[rahulmalik]

sorry bhai, i am not a ami or MT user yet

Rahul, do you have an afl for the ATP MA? I have one but the ATP doesnt match with the one I have on my terminal.

 

[manojborle]

Rahul, do you have an afl for the ATP MA? I have one but the ATP doesnt match with the one I have on my terminal.

With ATP AFL, it will match nearly only on 1 minute chart, other time frames it will have a difference of 2-3 points.

 

[wisp]

With ATP AFL, it will match nearly only on 1 minute chart, other time frames it will have a difference of 2-3 points.

Manoj bro,

This is the one I have, will you please check if it is ok

_SECTION_BEGIN("ATP");
 
DayChange = Day() != Ref(Day(), -1);
AvgTradePrice = Null;
CurDayBars = 0;
CurDayCloseSum = 0;
  
for (i = 0; i < BarCount; i++)
{
if (DayChange[i])
{
CurDayCloseSum = C[i];
CurDayBars = 1;
}
else
{
CurDayCloseSum = CurDayCloseSum + C[i];
CurDayBars++;
}
AvgTradePrice[i] = CurDayCloseSum / CurDayBars;
}
Plot(AvgTradePrice, "AvgTradePrice",colorRed,styleThick);
ATP=AvgTradePrice;
  
_SECTION_END();