Trading the trend

[VIKAS 21]

 

[Smart_trade]

Vikas,

Concentrate more on ERL as it is the concept used most of the time. Posting ERL and VRL both in a chart may create difficulty in understanding.

Smart_trade

 

[VIKAS 21]

Vikas,

Concentrate more on ERL as it is the concept used most of the time. Posting ERL and VRL both in a chart may create difficulty in understanding.

Smart_trade

Thanks Sir

I will take care of this in future.

 

[VIKAS 21]

MArked pivot is very imp pivot , will go long above this pivot with SL at low of this bar.

Very good risk/reward ratio...

Thanks ST Sir for suggesting so beautiful methods of minimising losses...

 

[VIKAS 21]

weekly chart

daily chart

1.point 1 is the previous HL

2.point 2 is the bearish Engulfing pattern

3. Breakaway gap

4.point 4 is a WRB, closing below the previous HL & confirming bearish Engulfing pattern

5.Weekly chart also showing Bearish Engulfing pattern.

Looks a very good shorting candiadte..

plss comment.

 

[xplorebuddy]

VIKAS

Quote:
Originally Posted by xplorebuddy
Hi VIKAS

i am when to exit with profits specially in cash segment , can you help me to understand with examples


Thanking u
plss post your chart with mark where u have entered the trade then i will be able to tell you where to exit ???

this is the position as shown in fig
if u have time please help me to understand in detail as i am very Novice
what parameter to check to exit as can hold position.

 

[VIKAS 21]

VIKAS



this is the position as shown in fig
if u have time please help me to understand in detail as i am very Novice
what parameter to check to exit as can hold position.

You need to hold the stock now as it is in cash.

Exit ur position when you see stock reaching near important resistance levels & not able to sustain above these resistance levels.

 

[VIKAS 21]

We have covered Basic part, Now we come to the strategy part...

This strategy includes a lot of thoughts & ideas of Saint sir & ST sir.

ENTRY:

1.We will look for any candlestic reversal pattern if there.

2.Stock breaks previous HL for short trade

stock breaks previous LH for Long trade

3. On cracking of a pivot above 20 day SMA & moving average is inclined upside for long trade

reverse for short trade.


Adds:

1.on strong Cracking of previous HH in case of uptrend & reverse for downtrend.

2.Confirmation of trend on higher time frame.

3.On wrbs

Exits

1. Partial /full profit booking at the important Resistance/Support levels as the case may be.

2.Any strong candlestic reversal pattern

3. Failure to make new HH/HL or LH/LL as the case may be.

4.WRB EXHAUSTIVE BAR


Soon i will start discussing the trades taken on this strategy & future possible trades...

 

[xplorebuddy]

Quote:
Originally Posted by xplorebuddy
VIKAS



this is the position as shown in fig
if u have time please help me to understand in detail as i am very Novice
what parameter to check to exit as can hold position.
You need to hold the stock now as it is in cash.

Exit ur position when you see stock reaching near important resistance levels & not able to sustain above these resistance levels.
__________________
VIKAS 21

HI VIKAS

How can i decide has it reached important resistance level and cannot sustain further ?

can u please explain me with example/s

u can help me out

thanking u

 

[mnasiru]

This is the most successful way of trading,, No complications.....

Nothing else...

Just to trade according to trend....

Very High accuracy rate....

AS u know trend is our friend.....

If u people are intrested more about this then only i will post....

Dear thanks a lot for your trend.
please suggest me for Bangladesh as our stock gets mature after 3 days.
how then i shall do the trend analysis.
thanks.