Re: 104 Technical trading experiments by HUNTER

[HUNTERTop contributor]

It looks the market is bearish these days, so we don't expect to form bullish trade set ups for some time, may be for a month or so.

Trade#3, ABAN.N has hit the SL @ 88/- therefore please exit.

Let's keep monitoring the market for the next engagement.

[yellow knifeTop contributor]

Tks... Hunter

[Senarath67]

Thank you, HUNTER. We are following.

[HUNTERTop contributor]

You may exit from BIL.N also as it has hit the SL level.

Now we are not holding any trades (officially) as all 3 trades have reached SL levels.

[HUNTERTop contributor]

Following is the experiment results as of today

[HUNTERTop contributor]

Markets seem to be overreacting; so, there can be short term bounce back opportunities at the end of the present dip.

Will watch the ASI levels 4900.

We might get some trading opportunities early next week.

-------------
As traders, regardless of general market being bearish, whenever a trade set up is seen, we need to execute our trade without thinking much.

Let's wait and see...

[කිත්සිරි ද සිල්වාTop contributor]

Hope, it will not crash soon.

[BackstageTop contributor]

And I have a toothache just making the day perfect.

[HUNTERTop contributor]

In any day, the market will not drop more that 5%

[BackstageTop contributor]

Hunter have you got a spare 15 mil I could borrow ?

[කිත්සිරි ද සිල්වාTop contributor]

Yes, not because of the sentiment but because of the system parameters set will not permit.

In any day, the market will not drop more that 5%

[HUNTERTop contributor]

Yes, not because of the sentiment but because of the system parameters set will not permit.

In any day, the market will not drop more that 5%

Correct. The market has a Stop Loss.

It has proven, by our first 3 trades, that using a SL can be a good idea sometimes.

If we used SL, we would be in cash now, looking for buy opportunities.

[කිත්සිරි ද සිල්වාTop contributor]

Yes, SAMP looks attractive to me, if falls below 140/=

Yes, not because of the sentiment but because of the system parameters set will not permit.

In any day, the market will not drop more that 5%

Correct. The market has a Stop Loss.

It has proven, by our first 3 trades, that using a SL can be a good idea sometimes.

If we used SL, we would be in cash now, looking for buy opportunities.

[HUNTERTop contributor]

Well, my sincere feeling about the portfolio values these days. Hope no one has taken undue risks and running on margin.

I will be starting watching the market for trading opportunities this week; will keep the thread informed of possibilities.


I spotted the possibilities for some counters to bounce back soon. Will be able to tell something confidently by next week or so,

[BackstageTop contributor]

A swing traders market.

[LSETech Contributor]

Dear HUNTER,

Happy to see you after long time. I invite you to start your TA from SAMP.N0000

Well, my sincere feeling about the portfolio values these days. Hope no one has taken undue risks and running on margin.

I will be starting watching the market for trading opportunities this week; will keep the thread informed of possibilities.


I spotted the possibilities for some counters to bounce back soon. Will be able to tell something confidently by next week or so,

[BackstageTop contributor]

When Sampath was going below 98/ today fear and greed was raging in me.

[LSETech Contributor]

A golden opportunity to collect. We have seen SAMP.N0000 at this price level after 10 years

When Sampath was going below 98/ today fear and greed was raging in me.

[HUNTERTop contributor]

Market is forming a short term bounce back.

Some counters show Intra day patterns.

Next trade is CFVF.N
Buy now; 32~33/-

I will post the chart details later.

[HUNTERTop contributor]

Another trade:

GRAN.N
Buy now: 49~50/-

Will post chart later.

Let's make multiple trades this week in order to catch up with missed weeks.

[HUNTERTop contributor]

Next (Third) trade today:

LIOC.N

Buy: 14.50~15.50

Will post the chart later.

[HUNTERTop contributor]

Next (forth) trade for today.

LLUB.N

Buy: 57~58/-

I think that's enough for today.

Will post Chart and other details later

[HUNTERTop contributor]

Market is forming a short term bounce back.

Some counters show Intra day patterns.

Next trade is CFVF.N
Buy now; 32~33/-

I will post the chart details later.

Trade #04: CFVF.N

BUY: 32.50
SL: 25/-
TP: 37/-

Hold until May 31

[HUNTERTop contributor]

Another trade:

GRAN.N
Buy now: 49~50/-

Will post chart later.

Let's make multiple trades this week in order to catch up with missed weeks.

Trade#:05
GRAN.N

Buy: 49.50
SL: 42
TP: 57

Hold Until: May 31

[HUNTERTop contributor]

Next (Third) trade today:

LIOC.N

Buy: 14.50~15.50

Will post the chart later.

Trade#: 06

LIOC.n
Buy@ 15
SL: 13.80
TP: 17

Hold until: may 31