RSS: New posts
Lets continue the discussion here…..
Close Watch:RELCAP
Neeraj has already given the charts under Ambush Charts.
Saint
sir how to play kotak today…..more to goo ????
Well, the harder I practice, the luckier I get. :) - gary player
TAKING ICICI.
Well, the harder I practice, the luckier I get. :) - gary player
ALRITE dis rcap tested the tl……and came down… a very valid pivot……will take longs…above.
Well, the harder I practice, the luckier I get. :) - gary player
LONG IN KOTAK ABOVE 750…..
took hdil…..hdil rcap icici…..bas…. no more till BE's in atleast 2.
Well, the harder I practice, the luckier I get. :) - gary player
rcap still to hit long…
Well, the harder I practice, the luckier I get. :) - gary player
long in RCAP now
LONG in KOTAK and RCAP. Missed ICICI - It was close to 60 min PH and so nicely setup.
<…………….deleted>
LONG in TISCO.
amit b easy on d shorts :) ….
nice revati…..
jp holding d TL…for long…..can b nice long above pivots…..
Well, the harder I practice, the luckier I get. :) - gary player
nice risk reward revati…stops below dis WRB…
Well, the harder I practice, the luckier I get. :) - gary player
OUT OF KOTAK BELOW 10.45 low …now SOH …
amaizing icici..
.. sl at 11:10 pl…
Well, the harder I practice, the luckier I get. :) - gary player
vin y out of kotak,,, ?? no pivot stopped out….
Well, the harder I practice, the luckier I get. :) - gary player
NEERAJ .. big bar after good upmove ..when that is negated , me out of trade ..
will enter again if crossed HOD ..
Holding TISCO and AXIS…..
nifty 5min in very tight range… can give good move once breakout/brekdown..
finalllly rcap wakes uppp :)
Well, the harder I practice, the luckier I get. :) - gary player
We have reached the Apex…. decision time friends.
Last time such an asc triangle failed in BNF, Saint aggressively shorted and added!
Axis is a stop out, but personally got out manually, no reason, just plain lucky. small manageable loss.
Still Cheering on Tisco
MJ-
aban looking good for longs
ys revati a failed B/D in aban…nice fr longs….
stalking axis…4 longs….
Well, the harder I practice, the luckier I get. :) - gary player
looks like a failed b/d in axis too…
ICICI -—- STOCK OF D DAY :)
Well, the harder I practice, the luckier I get. :) - gary player
& neeraj caught " stock of the day " everyday ..
well done….
:) :)
Well, the harder I practice, the luckier I get. :) - gary player
Nice RELCAP ……wow RIL.
Neeraj,you rocking,my friend.Great stuff!
Saint
thankss saint sir…all becoz of u : ) : )
Well, the harder I practice, the luckier I get. :) - gary player
Tisco and DLF shorts were a bomb! Was a great trade….
see everyone tomorrow….
bought dlf…..
Well, the harder I practice, the luckier I get. :) - gary player
Long in DLF. I believe TFA point to a long here
A VERY nice pivot……double bottom…with nice vol upmove in both bottoms……… and highs get taken out :)
Well, the harder I practice, the luckier I get. :) - gary player
My 1st post in Ambush Trades.
Shorted Axis
The will to win is not nearly as important as the will to prepare to win
w/C prabhjeet sir and pattel sir to ambush…..:)
luking forward fr a lot of posts and learning experience frm u here……
Well, the harder I practice, the luckier I get. :) - gary player
eying icici for shorts below LOD…….60 min pivots will join hands…
Well, the harder I practice, the luckier I get. :) - gary player
Thanks neeraj, you are the rockstar here so I am looking to learn instead :)
The will to win is not nearly as important as the will to prepare to win
just taking baby steps…… long way to go Neeraj!
:) :)…..
we all will rock p & p :) ….
longs luks like d right side till now… took tata steel small stop…
Well, the harder I practice, the luckier I get. :) - gary player
since 60 min flow is short……..i am just taking a few longs with less qty…just to b wid flow in intraday taking the strongest 1's.. ….
in case sum shorts cum …. no missing it…..as 60 min flow down….
Well, the harder I practice, the luckier I get. :) - gary player
Looking to Short HDIL below PL
The will to win is not nearly as important as the will to prepare to win
dlf stopped.
Well, the harder I practice, the luckier I get. :) - gary player
Now Short HDIL
The will to win is not nearly as important as the will to prepare to win
tatasteel double top on 15 min
short icici…eying rcap…
Well, the harder I practice, the luckier I get. :) - gary player
against trend…BE's , quick profits 2/3.. 1/3 let flow with min stop and if trends well …… shud b soon take dem soon…..agressive.. or dun trade at all.. and never miss main trend wid 60 min…. dese r d rules……
Well, the harder I practice, the luckier I get. :) - gary player
SARed tata steel..look like failed BO…
Yes Neeraj when against 60 min. it should be hit & run affair. I instead waited for 5 min. to turn down, will start Counter trend Trading when I have a bit more experience with Ambush
The will to win is not nearly as important as the will to prepare to win
counter trading r fun when trend changes…as we catch dem at the start…like yesterday's big downmove…….thou vol's and 1st down bar indicated shorts….
need to b agressive in counter trading and sum experience…….nice risk rewards….
Well, the harder I practice, the luckier I get. :) - gary player
Good catch Tisco, good going Vineet and SO
The will to win is not nearly as important as the will to prepare to win
prabhjeet sir me too taking baby steps
also took short jp and now with one add but not sure about stop so currently kept at BE. Neeraj sir any idea?
SO
Wow SO, JP is a even Better catch, if I were Trading it my stops would be 2 bar back, thats my view
The will to win is not nearly as important as the will to prepare to win
yes nice SO…. 11:50 bar is the stop…. preferably SAR….
plz call me neeraj….. :) nice catch JP…. excellent….
Well, the harder I practice, the luckier I get. :) - gary player
didn saw prabhjeet sir's post…. jp i beleive was shorted below 9:55 bar low…also a pivot near 224.50 now latest stop is near 225.50 abt .5 % only…..so booking 1/3 profits here .. and it will b a BE trade…..shud b right thing….the stock is very bearish…hence no agressivness in bronging down stops to not so good points….rather holding it with sum nice room…using mini flow…also….
Well, the harder I practice, the luckier I get. :) - gary player
thanks neeraj , prabhajeet sir
Moving stop to 12.45 bar
didn saw prabhjeet sir's post…. jp i beleive was shorted below 9:55 bar low…also a pivot near 224.50 now latest stop is near 225.50 abt .5 % only…..so booking 1/3 profits here .. and it will b a BE trade…..shud b right thing….the stock is very bearish…hence no agressivness in bronging down stops to not so good points….rather holding it with sum nice room…using mini flow…also….
Neeraj had shorted jp below 1005 bar low and took add at 1100 bar low, also wanted to take another add but already down by 5% so didnt take. now stop at 12.45 bar
Bullish divergence on HDIL, TAKING 1/2 off on HDIL as well as AXIS, moving rest to BE
The will to win is not nearly as important as the will to prepare to win
hdil double bottom with hammer on 5 min, culd be a good long above 1.15 bar, but will not take as would be against heavy downtrend of market……….am i right?
will take tisco long above day's high only if it consolidates around here for a while
Will look to SAR HDIL above PH
The will to win is not nearly as important as the will to prepare to win
SARed HDIL, OUT OF axis as well, small profits on both
The will to win is not nearly as important as the will to prepare to win
out of jp
took tisco stop 1.45 bar
hdil where reversed prabhjeet ? y?
Well, the harder I practice, the luckier I get. :) - gary player
12:50 bar pivot high…..seems correct place to reverse……
Well, the harder I practice, the luckier I get. :) - gary player
Above 1.15 bar neeraj, huge bullish divergence on all indicators and small stps are the reason
The will to win is not nearly as important as the will to prepare to win
SO….luk at jp…….and understand y i said 11:45 bar as SAr….. luk at 5 min 10 min and 15 min tf's…….
Well, the harder I practice, the luckier I get. :) - gary player
SO….luk at jp…….and understand y i said 11:45 bar as SAr….. luk at 5 min 10 min and 15 min tf's…….
yes neeraj rightly said, will do that from now, but pls do explain at eod how u look at bigger TFs
SO
HDIL..— very bearish….and taking long lukin at 1:15 bar is really agressive…… no tfa….also….
bullish divergence…okk…..take a long at 12:55 bar … a nice pivot as compared to the 1 u choose…..it has more chances of giving whip…also no vol's indications…..which r imp….the auction process shud b on long side..
now also see that resistance it got near that pivot…that validates its existance…..now we hav so many reasons to go long above 12:55 pivo…which were lacking in 1:15 pivot u choose..
Well, the harder I practice, the luckier I get. :) - gary player
tisco stoped……
AXIS — 11:10 and 11:45 bar high were stops…very clear….it was into sideways after dat,now 1:45 becomes SAR…..y? new low….
Well, the harder I practice, the luckier I get. :) - gary player
HDIL ALSO rsi 50 giving resistance…it always does……so now a gud setup for buy….
Well, the harder I practice, the luckier I get. :) - gary player
Very clear views on HDIL Neeraj, thanks
The will to win is not nearly as important as the will to prepare to win
Neeraj
i am very dumb kind of trader. long time in trading still havnt understood anything. i took long there thinking it was breaking out of day's high
also looked at 15 min TF which was also showing a pivot breakout. one stop out wipes all confidence gained by few trades, thats why was looking for your reply to my pm so hurriedly.
SO
most welcome prabhjeet :)
very nice longs setupps………axis rcap hdil
tata steel seems bear flag on bigger tf…..not considering for longs….
Well, the harder I practice, the luckier I get. :) - gary player
SO u r not dumb trader at all my friend……u took jp….very nicely….nice understanding of all the things……..dese mistake i used to do many times….still do…..thanks to all the mistakes that makes me confident in taking many of the trades……..
dun worry and just do money managment….and learn of ur mistakes…..the more u make … the more u knw what not to do next time….this is learning process… :) and ambush is what u develop inside u ….by experience of these mistakes…..
wishing u lot of success…..great gng SO….
Well, the harder I practice, the luckier I get. :) - gary player
SO if u hav not gone thru 60 min and mini flow….pls do go thru it…..coz dey r very imp for better understanding of ambush……
Well, the harder I practice, the luckier I get. :) - gary player
thanks neeraj for your kind words.
have gone through 60 min flow and traded it for long time. so far as miniflow is concerned, need to work on it……
tradeS of the day—- RCAP , JP…… :)
Well, the harder I practice, the luckier I get. :) - gary player
SGX NIFTY showing abt +88pts…….if markets open there,possible Kicker Pattern Alert on Nifty…..not an exact one,but very nearly there.
Saint
sir watz kicker pattern ? u mean move towards upp……..and with nice flow as all shorts will tend to b covered ?
Well, the harder I practice, the luckier I get. :) - gary player
Dear friends,
today i will post my ambush trades here. i am trying to trade ambush for sometime now but still at BE.
i make mistakes and lots of them. majority of my trades go against me. i will try to put trades here so that
seniors can guide me and show me my mistakes. Hope to learn a lot. currently i m trading only 5 stocks if any of them
becomes lul on 60 min then i will replace them by moving stocks.
Hope to learn a lot from saint sir , neeraj and other seniors
Major trend (60 flow) is down in majority of the stocks i have selected. market opens with gap. so a pivot cross on both sides
could be good trade.
SO
Kicker Pattern,Neeraj,happens when there is a Bearish Candle the previous Day……and today we have a Gap Up to over the highs of the previous day.If not over the highs,at least to the open of the previous day………It catches Bears by surprise,huge Bear Wails and Cries are heard as they cover in desperation,and we capitalise on that Bullish Move.
But the gap up didnt make that cut………but watch out for the pattern.Yummy when clicks.Huge winning day on the Longs Side.
Saint
ys sir…got it….same that we did in kotak a few days bak…today may b for almost everything :)
eying rcap and axis……. for longs…if we get… rcap still to gv us long awaited breakout….axis too much of a pullback …
Well, the harder I practice, the luckier I get. :) - gary player
Thanks Saint Sir for the explanation of Kicker pattern…..
SHORTED icici….
Well, the harder I practice, the luckier I get. :) - gary player
It catches Bears by surprise,huge Bear Wails and Cries are heard
Hahaha, I like the way you put it, Saint. It started my day with a smile.
Bee
tata steel shorts……2 for now…
Well, the harder I practice, the luckier I get. :) - gary player
shorted DLF, added 1….as i write this we have broken down
Holding shorts in tatasteel as well
YOO……..sweet days ….
Well, the harder I practice, the luckier I get. :) - gary player
short in JP and Sesagoa
DLF BOUGHt….and rcap eying…….
Well, the harder I practice, the luckier I get. :) - gary player
if 60 min flow is down and market opens with gap on upside as it did today…..
do we consider first 5 min bar low to go short or wait for a lower pivot?
i missed both dlf and tisco coz of this dilema….
SO
now in morning i piked axis coz…it was in sell mode long b4 other banking stocks came…so more profit for shorters…..1) dey wud wanna book profits now with more force.and buyers may also come…..so more strong force…..now its d banking stock dat caught all bears in action….and gave exactly the move as expected…..
Well, the harder I practice, the luckier I get. :) - gary player
short in JP and Sesagoa
and as always happens with me JP initial stop hit and sesa on its way to stop.
shatered and broken psychologically no more trades for the day.
so
SO…i am bad at entering at 1st 5 min bars…unless sumthing tooo hot to miss……..so for me pivots all d way…..so dlf also made a pivot…and tisco also made a pivot…and i shorted below it…tisco….dlf was shorted by MJ….
Well, the harder I practice, the luckier I get. :) - gary player
where'd u enter jp shorts SO ?
it was below the mini pivot with small stop…..1010 bar.
Well, the harder I practice, the luckier I get. :) - gary player
SO LUk at jp….a nice ph was formed…with validity…..now a long with nice risk reward…….
Well, the harder I practice, the luckier I get. :) - gary player
where'd u enter jp shorts SO ?
it was below the mini pivot with small stop…..1010 bar.
i Entered both jp and sesa at 1035 bar low neeraj
couldnt resist long in bajajhind.
SO….it is completely fine…..lukout for reversals also…….and trade as if 20 trades in a row can go wrong…………i think u not capatilized well…..and ur psychology giving harm to ur trades…….i know shorts u entered late and did nt workout…..but longs…. ?? u were to take trade without knowing it will work or not…doing a bit of analysis….risk reward money managment….and dere u go…..if 1st two did nt work out…pat urself…coz u followed the right thing….u did money managment….u entered using pivots and stopped using 1…..but 2nd right trade u did nt take….which is doing well till nw…..stops r very low…u just follow dem….
go thru saint's sirs blog….
I HAVE FEW THINGS WRITTEN ON MY DESK……DUN FOLLOW DEM RIGIDLY…..BUT IT HELPED ME A LOTT….SIMPLE AND SMALL THING…BUT IT HELPED ME DEVELOP MY PSYCHOLOGY..
1) KEEP 'I' OUT
2) PRICE ACTION ONLY (NO IF'S ANF BUTS) IT IS EVERYTHING….
3) PH/PL BREAK ? TAKE TRADE
4) CHART PATTERN ?
5) TAKE POSITION
6) TRAIL SL TO SAFER PLACE
7) CUT LOSS AT SL
8) LET PROFITS RUN
9) NEVER PLAY WITHOUT FILTER
10) QUICK PROFITS AGAINST DIRECTION, ;LET SOME POSITION STILL RUN
11) DONT TRADE ON UNCERTAIN NEWS DAYS…OR TRADE VERY LITE
ALWAYS MAINTAIN A LEDGER OF UR TRADES….WITH
DATE,STOCK,LONG OR SHORT,ENTRY,EXIT,%AGE P/L
TAKE 20 TRADES…right trades… SEE THE RESULTS….EVEN WITH 50 % SUCESS U WILL SEE WONDERS IF U FOLLOWED SIMPLE RULES..AND TAKE RIGHT TRADES….
Well, the harder I practice, the luckier I get. :) - gary player
Thanks a lot neeraj for your help…. yes i am probably not well capitalized….. psychology is the biggest problem….
money management i have understood at some extent. biggest problem is choosing right trades… more then 70% to 75% go against me
and end in loss. once i have some good trades i know will get some confidence.
before i took sesa short this morning also took it long before that at break of 1015 bar. it took my filter and gave me exatly at the high.
then i got stopped out at 1035 low and reversed with it. so infact i had 3 stop hits today…. then i took this bajajhind which i thought could be a good one…. but stoped moving up when all others were going……
the early morning trade of sesa couldnt post due to electricity failure.
HDIL set up for LONG and short both. 60 min Brkdown failure for LONG and imp res at 262 getting tested 4th time.
couldnt resist long in bajajhind.
stop hit
SO,
Capital is an issue.. but its not the main issue.
You can go to the cash market and then do the trading …
The main issue is psychology and MM… if you do not follow MM then you will always feel the pain if SL is hit.
For Ambush Trade, every day before trading always look at the daily chart of the stock/future you are going to ambush. This is extra to Hourly/30min or whatever chart you look during trading.
regards,
Prasun
Thanks Prasun
yes sir, i am trading in cash only with very small account and risk per trade of only 180rs.
will pay more attention to eod analysis….
SO
can someone tell me what kind of filters should be used for ambush trades in stocks ranging from 200 to 500.
if dont wont discuss filter issue here then pls send me PM.
SO
Late post:
long in renuka
Late post:
long in renuka
a bit confused about this trade,,, no clear pivot yet so keep stop at 10:10 low
moving stop to 10.30 bar low… at least initial stop will not hit now :)
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