Implication Of Volume In Day Trading

[deb99891]

here is the setup of the upthurst bar

 

[uasish]

Found one in Karthik's chart.

http://www.traderji.com/technical-analysis/21159-techviews-10.html#post186694

 

[renu daga]

amazing discussion on volume,,,,,but on intraday concept....if this is done on eod basis,,,
it will give more concrete result,,,
renu

 

[deb99891]

todays set up.......
based on asish da's discussion.......

 

[deb99891]

so far 10.26 bar shown a panic volume (assume accum)
so gone long index ftr 96.25 n sold 50% 4509.8
rest holding stop 4502.95

 

[deb99891]

4504 stop hit n out
4505 was new pivot low

 

[deb99891]

as per upthurst rule shorted at 4486.25 n 50% cvrd 81.25
rest short holding

 

[deb99891]

rest bought 76.7

 

[deb99891]

should have hold the rest
but thought that "got ample profit so booked it"
here comes the lesson of teacher "LET THE PROFIT RUN"

 

[sudoku1]

for day traders.....only bse listed ANU LABS offers good trading opportunities........but invstrs.....KEEP OUT....