Disqus - Latest Comments for sandew

Re: 20-40 trades of today ( 17th april)

sandew — Thu, 19 Apr 2012 00:42:08 -0000

Shai,

On rereading my comments, I think I said something and meant another. Let me correctly say again.

Whenever Target 1 and target 2 is given, then to me only target 1 matters; and target 2 is superfluous. Once Target 1 is achieved then we are out of trade, and Price action reaching Target 2 (or SL being hit first and target 2 reaching later on) is meaningless. I am out of trade at target 1. Multiple target has meaning if it is accompanied by money management plan. Anyway, I for myself always add to my winning position not exit partially - I exit fully when my target is met or I am in doubt.

On another note, you always inspired awe to me since you started your blog. It was simple and lucid in its interpretation. The few charts I have seen now are different from earlier - I do not know whether this is giving any extra edge. Need not reply me for you are the master of Market Profile.

Re: 20-40 trades of today ( 17th april)

sandew — Tue, 17 Apr 2012 12:26:29 -0000

target 1, target 2 have no meaning in real live trading. either you are in the trade or you are out. so you were out of trade at 5247 - lets not even talk of any number below 5247.

Re: Triple Timeframing Critical Support for Gold April 13

sandew — Sun, 15 Apr 2012 03:09:22 -0000

Instead of falling wedge, i also see Converging Triangle on Monthly with a down target of 1300

Re: VFMDirect.com :: KPL's blog :: Sensex chart

sandew — Sat, 22 Oct 2011 23:47:32 -0000

just need this chart and set up to positional trade

Re: IBM Quick Lessons in Multiple Timeframes, Divergences, and Earnings

sandew — Tue, 18 Oct 2011 10:44:46 -0000

All well said post the event, but, how do you anticipate when to open short, is the question

Re: Market Pulse S&P: स्वतंत्रता दिवस

sandew — Sun, 14 Aug 2011 03:47:59 -0000

Second war of independence
Vande Matram

Re: Market Pulse S&P: स्वतंत्रता दिवस

sandew — Sun, 14 Aug 2011 03:47:22 -0000

Second war of independence
Vande Matram

Re: Focusing on the Five Prior SPX Daily Rallies and the Aftermath

sandew — Thu, 28 Apr 2011 21:30:52 -0000

Well,
Another way would be to study break of trendlines to open positions.

Secondly, this chart amply shows how market fools all of us, all the time or shows just the way we humans are - fallible.

Re: Focusing on the Five Prior SPX Daily Rallies and the Aftermath

sandew — Thu, 28 Apr 2011 21:18:24 -0000

on Real Time basis, playing EOD time frame, you would go short just before Arrow 3 as the price would have triggered a downtrend on break of Swing.
You would be doing nothing on Arrow 4
Rather afterwards, you would be going Long on the third candle from right where the previous Swing levels get taken out.

Maybe you can post a line chart for another perspective.

Re: Bhushans to stay, Hegde has a rethink - Hindustan Times

sandew — Thu, 21 Apr 2011 12:41:23 -0000

Valmiki, creator writer participant, of Ramayan, himself was a ferocious dacoit, but we judge him by his action.

Even for argument sake, a corrupt thief would, in good intent, know how best to write a jail manual.

Similarly, a corrupt lawyer knows how crime takes place, and with good intent, can make the best Lokpal Bill.

So, no resignation.

Re: Lesson in Trading the Intraday Dead Cat Bounce April 7

sandew — Sat, 09 Apr 2011 04:17:05 -0000

@ Corey,

I remember you started with 1Min. charts, then later resolved never ever to trade the 1Min. chart; so is it not futile to exhibit 1Min. chart to put across a lesson which in real time never delivers, rather the noise leaves one hopelessly frustrated. So, do please post charts of time frame which you trade and consistently gives more money to you.
Thank You

Re: Market Pulse S&P: Happy Maha Shivratri

sandew — Wed, 02 Mar 2011 01:56:36 -0000

Om Namo Shivaya

Re: Trading Thoughts

sandew — Sat, 26 Feb 2011 03:01:46 -0000

Best Strategy :Just avoid Trading for 2 sessions.

(Resume your Trading from Wednesday onwards

best as said by you.

Re: Important Fibonacci Level to Watch in India Nifty INDY

sandew — Fri, 04 Feb 2011 22:14:26 -0000

May we have an Elliott Wave count too, Thank you.

Re: Important Fibonacci Level to Watch in India Nifty INDY

sandew — Fri, 04 Feb 2011 21:07:39 -0000

Could not have been more simpler, from so far off the action here at NSE.

Re: Important Fibonacci Level to Watch in India Nifty INDY

sandew — Fri, 04 Feb 2011 21:06:40 -0000

Could not have been more simpler, from so far off the action here at NSE.

Re: Blog Milestone: 2000 Posts!

sandew — Tue, 08 Jun 2010 12:17:26 -0000

Congratulations Corey for your succinct posts , all the way from India.

Re: Update and Breakout in India Nifty 50 Index

sandew — Wed, 14 Apr 2010 09:05:20 -0000

Thank You, Corey. Always crisp and clear.
One day I will visit the Expo just to meet you. Hope you will be able to spare some time. (not this year though)

Sanjeev - India

Re: Trader Interviews Strategies of a Successful Swing Trader Interview Posted

sandew — Fri, 26 Mar 2010 11:12:51 -0000

Hi Corey,
Compliments from India. Long time you posted something on Nifty.

Observe from your posts your transformation from 1 min chart player, to 5 / 15 minute, and now to swing trade. ( if i get the terminology correct, swing trade is holding position for few days) and this is probably done better on higher time frames. May we get some charts on your swing positions.

Thank You

Re: AtT Best of 2009 Part 1

sandew — Mon, 15 Feb 2010 10:27:47 -0000

Thank You

Re: Why I Hate Shorting Stocks Joe Fahmy

sandew — Fri, 12 Feb 2010 03:30:30 -0000

Thank You for opening my eyes on going short

Re: New SP500 Highs Forecast by Fifth Sprung Bear Trap

sandew — Tue, 10 Nov 2009 23:54:46 -0000

One difference I see this time is that unlike the past where the doji were formed after the the index on all 4 occasions had moved upwards from the lower end to the top end of the Bollinger Band; this time however, the doji is formed much earlier just in the middle of the BB.

Re: Updating Gold’s Expanding Daily Arc

sandew — Sun, 08 Nov 2009 10:24:07 -0000

"But gold might be the exception, because it represents ‘real money’ and more people are questioning the global paper money system, Prechter is reported to have said on Nov 7th. He believes while commodoties,stocks , debt, emerging markets will slide in wake of possible dollar strength soon; but not gold. (source investment postcards)

Re: SPY Intraday Sept 25 Shows Triangle and Mega Divergence

sandew — Sat, 26 Sep 2009 01:59:39 -0000

Fml,
Browse on few more charts put up by Corey or go back 2 years of article writing - Corey uses MACD 3,10,16 as Momentum oscillator - and he attributes learning it from Linda B.R.

Re: Fresh 2009 Highs for India NIFTY into Resistance

sandew — Wed, 09 Sep 2009 01:43:03 -0000

With usual TA tools like Momentum Divergence and like becoming common knowledge in 2009, is it time for traders to now add other new tools in their arsenal to beat the market. The new dispensation in this era of globalized internet connected one-world appears to be 'short-term' ranging from 20 minutes to 2 hours. Anything above is eternity ! New era, new rules.
Thank you for the post - back here we expect current dollar weakness to propel fund inflow from USA to EMs like India.

New Delhi