How to trade with an oscillator

[avad]

Hi Smart_Trade

am osting livetrades with reasons for entry. plz comment.
http://imageshack.us/photo/my-images/88/unledsch.png/
stop lss is high of the doji.
todays trades.

 

[avad]

Forgot to mention. Downloaded Steve Nisons book--The candlestick course.

Is it good or should i look for another one?

 

[avad]

ICICIbank. Just keeping an eye. Not trading it.

http://imageshack.us/photo/my-images/707/icicibank.png/

 

[achopraa]

Hi,

If you see, in the morning session, the BANK NIFTY remained in the OVERSOLD regios for >5 bars for 2 times. What does this trend show?

Thanks.

 

[avad]

For nifty Hammer formed on 10 minute timeframe. Above this i am covering my positions.

 

[avad]

Hi,

If you see, in the morning session, the BANK NIFTY remained in the OVERSOLD regios for >5 bars for 2 times. What does this trend show?

Thanks.

That the market can go down further provided price is in hormony with stoch.

seniors correct me if i am wrong.

 

[achopraa]

That the market can go down further provided price is in hormony with stoch.

seniors correct me if i am wrong.

Price in Harmony with Stochs? Please explain this.
Even on the 15 & 30 min frame, its in the OS region. Expect a Price Crash?

 

[avad]

Price in Harmony with Stochs? Please explain this.
Even on the 15 & 30 min frame, its in the OS region. Expect a Price Crash?

I will repeat Smart_Trade's words.....Price is king while indicators are secondary....Fist use price action to determine the path of the move and then use the indicators to see if they are agreeing wit pice action.

 

[avad]

http://imageshack.us/photo/my-images/163/unledxbp.png/

 

[ValueZone]

I will repeat Smart_Trade's words.....Price is king while indicators are secondary....Fist use price action to determine the path of the move and then use the indicators to see if they are agreeing wit pice action.

Price action alone is better way than coupling it with indicators. Of course u need to look for setups at support resistance levels or consolidation area.