Tom de mark sequential monitor for nifty50 stocks

[slah04]

Posting CESC-1M for checking of Sell Setup and CD. Is the TDST level marked correctly?

Setup Perfection: High of Bar 8 / 9 is higher than Bar 6 / 7.

Intersection at Bar 9 with Bar 6.

Now to wait for qualifiers in Bars 11, 12, & 13

 

[travi]

Posting CESC-1M for checking of Sell Setup and CD. Is the TDST level marked correctly?

Setup Perfection: High of Bar 8 / 9 is higher than Bar 6 / 7.

Intersection at Bar 9 with Bar 6.

Now to wait for qualifiers in Bars 11, 12, & 13

A Q for you ?
Isn't that a double SELL Setup?
If yes, then what are we supposed to ?

 

[slah04]

A Q for you ?
Isn't that a double SELL Setup?
If yes, then what are we supposed to ?

Sorry.. Could not understand your Q. Why Double Sell Setup?

 

[travi]

Sorry.. Could not understand your Q. Why Double Sell Setup?

Read page 38 and specifically post 378.
Appearance of a 2nd setup over the 1st, its just logical to reset CD.
There is no consolidation happening, forget reversal.

 

[crakeshm]

Hi Vivek, does the cd look right.(green numbers) so, if the count down is right...Does this indicate that there is a buy in waiting for yen.

Thanks for your help.

 

[slah04]

Read page 38 and specifically post 378.
Appearance of a 2nd setup over the 1st, its just logical to reset CD.
There is no consolidation happening, forget reversal.

For a new Sell Setup after the Old, dont we require a bullish flip again?

 

[travi]

For a new Sell Setup after the Old, dont we require a bullish flip again?

Instead of counting 9, you actually can count 18.
What does this mean? that mkt has a lot of steam so forget flip for this sub-rule.
Flip will occur when opposite setup appears.

 

[travi]

Hi Vivek, does the cd look right.(green numbers) so, if the count down is right...Does this indicate that there is a buy in waiting for yen.

Thanks for your help.

I hope its a daily TF Chart.
At bar 9, you have both perfection and intersection, therefore bar 1 of CD is on bar 9 of TD Buy setup.

 

[vivektrader]

For a new Sell Setup after the Old, dont we require a bullish flip again?

I think a bullish flip is there.
The bar that is marked as bar 1 of CD ....
Vivek

 

[vivektrader]

I hope its a daily TF Chart.
At bar 9, you have both perfection and intersection, therefore bar 1 of CD is on bar 9 of TD Buy setup.

I think its correctly marked.
For bar 9 to be counted as bar 1 of buy CD , its close should have been lower than low 2bars earlier (i.e.bar 7 of buy setup), which it wasn't.
So I think marking is correct.
Also close 13<12<11, it looks good to buy in my humble opinion.

Hi Vivek, does the cd look right.(green numbers) so, if the count down is right...Does this indicate that there is a buy in waiting for yen.

Thanks for your help.

Vivek