tag:blogger.com,1999:blog-441270257889145227.post3130865838949570108..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: Re-read and RediscoverSMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-441270257889145227.post-46295830540175280192013-06-16T09:08:01.481+05:302013-06-16T09:08:01.481+05:30Harish
My earlier comment was in relation to usin...Harish<br /><br />My earlier comment was in relation to using VWAP as a stand alone system. I totally forgot about your earlier comment. Sorry.<br />Unfortunately in Icharts there is no way to plot VWAP.So I can,t comment on these immediately.<br />I really appreciate your efforts and will advise you to document your trades on a day today basis in a blog<br /><br />ST<br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-27286535509926198182013-06-16T08:06:54.313+05:302013-06-16T08:06:54.313+05:30Sir,No comments on VWAP & PDH-L-C ?
Thanks. I ...Sir,No comments on VWAP & PDH-L-C ?<br />Thanks. I use frequently and find<br />profitbale and due to frequency those <br />can not be coincidence.Any way it<br />serve my purpose due to my understandin of your concepts.HARISH TAHKKARhttps://www.blogger.com/profile/06559297082093310274noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-56035791072008091302013-06-15T19:23:13.270+05:302013-06-15T19:23:13.270+05:30@ SMART Trader & Chetas,
Thank you.
VKP.@ SMART Trader & Chetas,<br />Thank you.<br />VKP.vkhttps://www.blogger.com/profile/09170595786725084772noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-4481942860574850162013-06-15T19:09:18.255+05:302013-06-15T19:09:18.255+05:30Harish
Thanks for the charts. I have gone through...Harish<br /><br />Thanks for the charts. I have gone through it<br />IMHO there is nothing magical about the VWAP curve. <br />1.It is just another moving average like SMA and EMA. The difference is Weightage is given to volume at price.Further it is calculated on the days data where as EMA , SMA are on continuous data.<br />2.An up trend is not because of price remaining above VWAP, but a trend makes VWAP to lag behind it.<br />3.In a range bound market all moving averages will appear horizontal.<br />4.Volatility starts not because of deviation of price from VWAP. It is the other way.Price is the cause and VWAP the effect.<br />5.Peak volume bars are always not a trend continuation signal Good BOF bars are always peak volume bars.<br />6.VWAP acting as support or resistance is just an illusion. Plot any MA and you will see this. Widely followed MAs like 50 and 200 do act as S/R sometimes.<br />7.Mean reversion to VWAP is just another illusion<br />8.Designing a trading system on this is very difficult. Limited to cross overs or mean reversion <br />9.Moving averages are not reliable or actionable price levels. They are not fixed. They shift<br />10.Cross overs can be good exit signals but they are not reliable entry triggers.<br /><br />In short I do not find anything useful with the VWAP curve.Others may differ.<br /><br />ST<br /><br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-81833102901788508902013-06-15T16:31:34.854+05:302013-06-15T16:31:34.854+05:30Sir,
Please find the link explainations
given on t...Sir,<br />Please find the link explainations<br />given on the screen ittself.I will post regularly if you like.<br />How VWAP curve reveasl price.<br /><br />http://prntscr.com/1a222b <br /><br />http://prntscr.com/1a2b7s<br /><br />http://prntscr.com/1a2d5v<br /><br />http://prntscr.com/1a2dsbHARISH TAHKKARhttps://www.blogger.com/profile/06559297082093310274noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-88485311006015258332013-06-15T10:49:55.476+05:302013-06-15T10:49:55.476+05:30Sir,
I jumped to read the 5th chapter, as i start...Sir,<br /><br />I jumped to read the 5th chapter, as i start reading i realised this is an amazing book. <br /><br />Its not a normal trading book, its like Book of mirdad, have you read mirdad stories, <br /><br />Will read the entire e book and give you the feed back<br /><br />Thankyou for sharingchetashttps://www.blogger.com/profile/09788207255691632595noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-59552938244930067762013-06-15T10:47:50.898+05:302013-06-15T10:47:50.898+05:30http://www.trading-naked.com/library/Phantom_of_th...http://www.trading-naked.com/library/Phantom_of_the%20_Pits.pdf<br /><br />this link is openablechetashttps://www.blogger.com/profile/09788207255691632595noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-38232900325989561402013-06-15T08:59:40.280+05:302013-06-15T08:59:40.280+05:30Vk
Google it
STVk<br /><br />Google it <br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-38176435106415851112013-06-15T08:40:17.515+05:302013-06-15T08:40:17.515+05:30Sir, I am unable to download the proposed book, a...Sir, I am unable to download the proposed book, as it is advising me to block my system firewall. What can I do?vkhttps://www.blogger.com/profile/09170595786725084772noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-63711314153265953652013-06-15T08:39:00.606+05:302013-06-15T08:39:00.606+05:30Thank you.Thank you.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-26289669006091562152013-06-15T08:37:45.097+05:302013-06-15T08:37:45.097+05:30Thank you.
VkpThank you.<br />Vkpvkhttps://www.blogger.com/profile/09170595786725084772noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-42350639156607596622013-06-14T22:40:31.907+05:302013-06-14T22:40:31.907+05:30Vishal
Every trader is well aware of these nice r...Vishal<br /><br />Every trader is well aware of these nice rules.But we need concrete action plan to incorporate these rules in our trading method<br />Think about it and give me your suggestions<br />We need something "ACTIONABLE"<br /><br />ST<br /> <br /> SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-89103511701435802212013-06-14T21:51:41.684+05:302013-06-14T21:51:41.684+05:30Cut losses,dont challenge the market,press winners...Cut losses,dont challenge the market,press winners..nice rules ST sir..thanks for sharing the Ebook.. :)Vishalnoreply@blogger.com