hi,
Good morning to all,start of another week and we have got a holiday tomorrow,futures and option expiry on Thursday.Gap down open expected today as well,we should look to sell the intra day pull back
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Good luck
Hi rajnish i am a swing trader,so to calculate i use charts to identify recent significant highs and low,i will put a detailed post on how it can be done not pivots, no trend lines just price. i use a lot of different ways but my main idea is just observing price ...and using trailing stop(they have their own disadvantages)
@ Shazia well these are swing trades shorts are being carried for almost entire week now in nifty.. we are trailing the with stop "SAR"...these are not intraday calls...please read 'how to read the market call tables' all details are mentioned there @ramsfm you have been following the calls regularly it seems and getting to know how to use in intraday thats wonderful
hi vvvvv if you check i have separated futures and spot nifty and bank nifty are futures and stocks are spot prices this is a trend following system...so high beta will do better just purely in terms of performance...so you will see over period of time that bank nifty does better than nifty...hdil,dlf will do better than reliance. but it my request that you should work on your own system and not depend on markets call as there could be days when i cant post it ...out of station or internet problems Thanks
Sir, Thanks for reply. One more query, is SAR on intraday basis or CLOSING basis? I mean what if SAR is violated during the day and honoured at closing?
Hi vvvvv, SAR is on intraday basis,if its touched you should be out of trade ,but of course getting into new position at SAR is not a good entry you are entering at breakout level.However so many times you will see that price just run away after touching SAR.(that's the risk to trading ...and trader's dilemma).how it can be managed ?... by trading multiple position. So you get out completely at SAR point and enter half of your new position at SAR and other half at next days pullback to low risk entry level thats one way to do it...it depends on individual person's ability to take risk ...and how he wishes to proceed with his trade and reverse to new position...there can be different possibilities this is just one way to manage risk. Just avoid to put SAR in first 5 minutes as there are freak trade possibility at open..SAR can be placed 5 mins after open....and then you can go to sleep or to your work(i go to sleep quite often as market are opening too early now!!!)
Have a doubt regarding the SAR, what if the price beat around SAR. What we should in that time. Should we exit and entry every time it crosses[overlaps] SAR, which will make our brokers rich. Please suggest.
hello sir;
ReplyDeletehow you are calculating the label.is it pivot point or trendline support. can you please explain you methodology.
Hi rajnish
ReplyDeletei am a swing trader,so to calculate i use charts to identify recent significant highs and low,i will put a detailed post on how it can be done not pivots, no trend lines just price.
i use a lot of different ways but my main idea is just observing price ...and using trailing stop(they have their own disadvantages)
hi
ReplyDeletewas the call an inta day or for carrying overnight positions? (i mean the selling call for today.)
Thanks
Shazia
Congrates Anuj..
ReplyDeleteTracked your calls today and RIL, DLF, HDIL worked well..I just took RIL short@1051 and covered 1041..
Thanks,
Ramesh.
@ Shazia
ReplyDeletewell these are swing trades shorts are being carried for almost entire week now in nifty..
we are trailing the with stop "SAR"...these are not intraday calls...please read 'how to read the market call tables' all details are mentioned there
@ramsfm
you have been following the calls regularly it seems and getting to know how to use in intraday
thats wonderful
Sir,
ReplyDeleteStock prices are spot or future?
Which one, among the stocks in your table, is the best, as per you, for swing?
Regards
hi vvvvv
ReplyDeleteif you check i have separated futures and spot nifty and bank nifty are futures
and stocks are spot prices
this is a trend following system...so high beta will do better just purely in terms of performance...so you will see over period of time that bank nifty does better than nifty...hdil,dlf will do better than reliance.
but it my request that you should work on your own system and not depend on markets call as there could be days when i cant post it ...out of station or internet problems
Thanks
Sir,
ReplyDeleteThanks for reply. One more query, is SAR on intraday basis or CLOSING basis? I mean what if SAR is violated during the day and honoured at closing?
Hi vvvvv,
ReplyDeleteSAR is on intraday basis,if its touched you should be out of trade ,but of course getting into new position at SAR is not a good entry you are entering at breakout level.However so many times you will see that price just run away after touching SAR.(that's the risk to trading ...and trader's dilemma).how it can be managed ?... by trading multiple position.
So you get out completely at SAR point and enter half of your new position at SAR and other half at next days pullback to low risk entry level
thats one way to do it...it depends on individual person's ability to take risk ...and how he wishes to proceed with his trade and reverse to new position...there can be different possibilities this is just one way to manage risk.
Just avoid to put SAR in first 5 minutes as there are freak trade possibility at open..SAR can be placed 5 mins after open....and then you can go to sleep or to your work(i go to sleep quite often as market are opening too early now!!!)
@rajnish
ReplyDeleteyour question about how i calculate sar has been answered in this post
http://financeandtradingmadeeasy.blogspot.com/2010/01/how-do-i-calculate-sar.html
Sorry for late reply,updating market calls is talking very long,and i cannot write articles for trader's development.
Cheers
Hi Anuj,
ReplyDeleteHave a doubt regarding the SAR, what if the price beat around SAR. What we should in that time. Should we exit and entry every time it crosses[overlaps] SAR, which will make our brokers rich. Please suggest.
Regards.
Hi naveen
ReplyDeletei have posted the answer here
http://financeandtradingmadeeasy.blogspot.com/2010/01/how-do-i-calculate-sar.html
Cheers