Wednesday, 25 March 2015

12 comments:

  1. Dear Dave

    I am trying to maintain following two blogs for commodity trading inspired by Price Action Trading of Nifty by yourself and ST. It would be good to get comments from people with similar interest.

    http://crudeoildaily.blogspot.in/

    http://naturalgasdaily.blogspot.in/

    Thanks and regards.

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    Replies
    1. Kiran

      I do not track commodities. I trade only Nifty so I won't be of any help, though I believe the same concepts can be applied successfully there too. It would be a good learning experience for me by following your blogs. Wish you good luck.

      URD

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  2. I took the same trade and stopped out. in morning session it broke LOD multiple times and failed. So I felt it could take all the way down to 6500..but reversed... It is like down trend channel...

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    Replies
    1. Aristatle

      Markets are like that. Yes, it also seemed to me like in the channel.

      URD

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  3. Davebhai,
    My observations here: http://screencast.com/t/QAvpcwTsqbl
    TRAP/BOF of MSP was a good short. I missed it becoz I was long.
    Thx,
    DM

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    Replies
    1. DM

      I could not open the link, but I can very well correlate what you are trying to say. Even my trade was after the minor TRAP. Usually TRAP does not work good in such channel kind of moves. It needs good trending market to work.

      URD

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    2. http://screencast.com/t/RjjsdAdP
      Thx,
      DM

      Delete
  4. To add to my previous comment about BOF of MSP: 14:12 and 14:27 were failure bars. There was only stop triggering and no genuine buying.
    Thx,
    DM

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  5. are u getting future charts in mt4. im getting spot how to get futures nifty?

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    Replies
    1. Sudharshan

      No. I too get spot charts. I have no idea what is wrong with them. Anybody knows?

      URD

      Delete
  6. it takes time and effort to become consistantly profitable in trading .
    is there any ways to get part time alternvative online income for monthly expenses? (3000 to 5000 rs per month)
    i think everybody have alternative income, anybody suggest any ideas?

    ReplyDelete