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3x5 maco method |
prst White Belt
Joined: 24 Sep 2011 Posts: 87
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Post: #106 Posted: Tue Oct 09, 2012 5:47 pm Post subject: |
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rxvenk2 wrote: | Nice work Galrani, this will definitely help people who have job commitments. Thanks Sonila for bringing this into this forum. |
Thanks Galrani, Sonila..
this will be helpful for ppl with job commitments.
we can try it on weekly charts also, along with some indicators..
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satishkadam Yellow Belt
Joined: 01 Apr 2010 Posts: 805
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Post: #107 Posted: Wed Oct 10, 2012 1:33 pm Post subject: Re: Reliance-Cash |
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satishkadam wrote: | satishkadam wrote: | shahrachit wrote: | lakshit wrote: | hi shahrachit,
have got a quiry and wud appreciate your guidance here, have attached a/w this email the reliance cash excel with all figures asked included, as i understand if the prx the next day touches 5x8ema reversal value, we shud reverse the trade, but if u see from 24/9 onwards, the low has touched the reversal figure but still the position coloumn shows as BUY, would appreciate if u can help me understand this working. thanks/lakshit |
Please go through the whole thread.... The method is explained by its originator Galrani (Shiva)...
Link to the page desired is below:
http://www.icharts.in/forum/3x5-maco-method-t4700,postorder,desc,start,75.html |
Hi Eveyone.
3*5 method is in SELL for BN..and nifty.....
so now market should go down..............
Thanks
Satish |
Hi All,
If it remains below 11522, BN continues in SELL..................
Has anyone sold.....
Thanks
Satish |
Sell continues..............for both BN and Nifty...........positional....
Thanks
Satish
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #108 Posted: Wed Oct 10, 2012 4:24 pm Post subject: |
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Satishkadam
enjoy the ride>>> since when u r following this method??
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #109 Posted: Wed Oct 10, 2012 4:51 pm Post subject: |
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For, NF, sell initiated on 9oct @ 3.25pm @ 5723.
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shahrachit White Belt
Joined: 12 Jul 2012 Posts: 117
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Post: #110 Posted: Wed Oct 10, 2012 4:55 pm Post subject: |
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sonila wrote: | For, NF, sell initiated on 9oct @ 3.25pm @ 5723. |
Critical support level for Nifty is around 5625 / 5630 .....
6/9/2012 low was 5217
5/10/2012 High was 5815
Fibonacci level (31.8%) comes to be 5625
High on 22/02/2012 was 5630
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #111 Posted: Wed Oct 10, 2012 5:01 pm Post subject: |
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sonila wrote: | For, NF, sell initiated on 9oct @ 3.25pm @ 5723. | .today made low 5667 i.e.a low of 56 pts. So 50 pts could have been booked.
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #112 Posted: Wed Oct 10, 2012 5:13 pm Post subject: |
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sonila wrote: | sonila wrote: | For, NF, sell initiated on 9oct @ 3.25pm @ 5723. | .today made low 5667 i.e.a low of 56 pts. So 50 pts could have been booked. |
sonlia maam do we have this type of rule for this method ?
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galrani White Belt
Joined: 23 Oct 2011 Posts: 93
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Post: #113 Posted: Wed Oct 10, 2012 5:24 pm Post subject: |
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Why booked?
We should be continuing our shorts
In fact I have added to shorts in BNF around 11395 today
Cheers
Shiva
sonila wrote: | sonila wrote: | For, NF, sell initiated on 9oct @ 3.25pm @ 5723. | .today made low 5667 i.e.a low of 56 pts. So 50 pts could have been booked. |
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rakpeds White Belt
Joined: 24 Jun 2012 Posts: 481
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Post: #114 Posted: Wed Oct 10, 2012 5:33 pm Post subject: |
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galrani wrote: | Why booked?
We should be continuing our shorts
In fact I have added to shorts in BNF around 11395 today
Cheers
Shiva
sonila wrote: | sonila wrote: | For, NF, sell initiated on 9oct @ 3.25pm @ 5723. | .today made low 5667 i.e.a low of 56 pts. So 50 pts could have been booked. |
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so shiva sir... yr added rules from trade carnival
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galrani White Belt
Joined: 23 Oct 2011 Posts: 93
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Post: #115 Posted: Wed Oct 10, 2012 5:42 pm Post subject: |
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Yes saar
I am in the process of making the presentation for TC2012. This will have my modification to add lots, profit booking and risk management also
Once TC2012 is over and I am back in Dubai, I will send it to this forum also
Cheers
Shiva
rakpeds wrote: | galrani wrote: | Why booked?
We should be continuing our shorts
In fact I have added to shorts in BNF around 11395 today
Cheers
Shiva
sonila wrote: | sonila wrote: | For, NF, sell initiated on 9oct @ 3.25pm @ 5723. | .today made low 5667 i.e.a low of 56 pts. So 50 pts could have been booked. |
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so shiva sir... yr added rules from trade carnival |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #116 Posted: Wed Oct 10, 2012 8:47 pm Post subject: |
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rakpeds wrote: | sonila wrote: | sonila wrote: | For, NF, sell initiated on 9oct @ 3.25pm @ 5723. | .today made low 5667 i.e.a low of 56 pts. So 50 pts could have been booked. |
sonlia maam do we have this type of rule for this method ? | No such rules....in fact,it is practised by Shiva, i only observed, scope of booking partially at 50 pts. In fact, i m trading only intraday and only NF. My policy is Eat Fresh Daily. Fresh khao,Fresh raho.
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galrani White Belt
Joined: 23 Oct 2011 Posts: 93
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Post: #117 Posted: Wed Oct 10, 2012 9:05 pm Post subject: |
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Hi Sonila
That 50 points you are referring is to something else. I thonk that is the 3ema touch rule to book profit in morning gaps
I will discuss that later once TC2012 is over as I am under oath to Dharmaraj to reveal my personal modifications only after TC2012 is over
For now It should suffice to say that we keep pn holding the positions till there is a reversal at End of Day
Cheers
Shiva
sonila wrote: | rakpeds wrote: | sonila wrote: | sonila wrote: | For, NF, sell initiated on 9oct @ 3.25pm @ 5723. | .today made low 5667 i.e.a low of 56 pts. So 50 pts could have been booked. |
sonlia maam do we have this type of rule for this method ? | No such rules....in fact,it is practised by Shiva, i only observed, scope of booking partially at 50 pts. In fact, i m trading only intraday and only NF. My policy is Eat Fresh Daily. Fresh khao,Fresh raho. |
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sonila Brown Belt
Joined: 04 Jun 2009 Posts: 1786
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Post: #118 Posted: Wed Oct 10, 2012 9:32 pm Post subject: |
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Shiva, i dont know what u r following. I just noticed more than 50 pts fall from sell level. Thats all.
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #119 Posted: Thu Oct 11, 2012 11:08 pm Post subject: |
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I think, today we must have reversed the sell trade to BUY, can any follower tell the exact reversal price?
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newinvestor White Belt
Joined: 16 Feb 2010 Posts: 120
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Post: #120 Posted: Fri Oct 12, 2012 9:58 am Post subject: |
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chetan83 wrote: | I think, today we must have reversed the sell trade to BUY, can any follower tell the exact reversal price? |
Was confused in the last few minutes yesterday, as the values were too close.
Did not reverse the short as 5 EMA close was 5697 and 3 EMA close was 5694 , and hence 3 EMA had not crossed above 5 EMA to trigger the long
was a tough decision as market looked very bullish.
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