| View previous topic :: View next topic |
| Author |
3x5 maco method |
hmpatil
White Belt
Joined: 15 Jun 2011
Posts: 59
|
Post: #271  Posted: Tue May 13, 2014 10:22 pm Post subject: |
 |
|
[quote="chiragbvyas"] | chandrujimrc wrote: | Dear vyas,
Nifty in buy mode now.If it closes above 6756 we can hold our long,otherwise we have to reverse our position,am I correct? |
crossing the reversal point is enogh. no need to wait for closing.
Then
- At 3.15 p.m. please take a review of N F price, where it is tradeng ? Below or above 6756 ? if it is above rev. point then hold the long position. if it is below rev . point then liquidate long and go short.
Then on monday morning take a look if price is above rev .point then go long otherwise hold short position.
Dear Friend we have only one tool that is reversal point which we use as a stop loss, as to liquidate current position and to trade opposite. Simple just like that. Don't mind initial loss happens due to whips, it will be managed once trend is started in our favour.
DEAR CHIRAGJI
AT 3:15 WHICH CHART YOU WATCH & WHAT IS THE TIME FRAME? I AM ASKING THIS BECAUSE AT THAT TIME EOD IS NOT POSSIBLE.
REGARDS
|
|
| Back to top |
|
 |
|
|
|
chiragbvyas
White Belt
Joined: 18 Feb 2010
Posts: 469
|
| Post: #272 Posted: Wed May 14, 2014 9:11 am Post subject: |
|
|
[quote="hmpatil"] | chiragbvyas wrote: | | chandrujimrc wrote: | Dear vyas,
Nifty in buy mode now.If it closes above 6756 we can hold our long,otherwise we have to reverse our position,am I correct? |
crossing the reversal point is enogh. no need to wait for closing.
Then
- At 3.15 p.m. please take a review of N F price, where it is tradeng ? Below or above 6756 ? if it is above rev. point then hold the long position. if it is below rev . point then liquidate long and go short.
Then on monday morning take a look if price is above rev .point then go long otherwise hold short position.
Dear Friend we have only one tool that is reversal point which we use as a stop loss, as to liquidate current position and to trade opposite. Simple just like that. Don't mind initial loss happens due to whips, it will be managed once trend is started in our favour.
DEAR CHIRAGJI
AT 3:15 WHICH CHART YOU WATCH & WHAT IS THE TIME FRAME? I AM ASKING THIS BECAUSE AT THAT TIME EOD IS NOT POSSIBLE.
REGARDS |
Dear Patil,
As i have said just review at 3.15 where the price is ? if it is in our favour then continue otherwise square up and see it next day morning to trade.
let me tell you everything step by step.
suppose nifty reversal point is 6000 stating buy and nifty is trading at 6030 and you are long.
By principle you are holding long with s lof 6030 so surely you will place s l of 6029 for sqaring up long and intiating short also at the same time.
we think that at the opening time our s l is not taken and now at 3.15 nifty decline and hit your s l so you are short now. around 3.30 it is still below 6030 then you carry short position. if after taking s l price goes above 6030 you may square up short and go long or wait for next day morning.
now on that day closing we will get new reversal point. So if we are in the continue trade we will place s l and see what happens up to 9.30
so this mechanism goes continuously in either trade.
so all and it is a game of reversal point trading using stop loss and we are always in trade.
hope it is clear.i fnot then pls visit forum and find out where rainbow sir has placed lonk of pune traders carnival videos in which Shiva sir's presention is also there. you can visit this thread from very first page to get knowledge.
Regards.
|
|
| Back to top |
|
|
satishkadam
Yellow Belt
Joined: 01 Apr 2010
Posts: 805
|
| Post: #273 Posted: Wed May 14, 2014 8:29 pm Post subject: |
|
|
[quote="chiragbvyas"] | hmpatil wrote: | | chiragbvyas wrote: | | chandrujimrc wrote: | Dear vyas,
Nifty in buy mode now.If it closes above 6756 we can hold our long,otherwise we have to reverse our position,am I correct? |
crossing the reversal point is enogh. no need to wait for closing.
Then
- At 3.15 p.m. please take a review of N F price, where it is tradeng ? Below or above 6756 ? if it is above rev. point then hold the long position. if it is below rev . point then liquidate long and go short.
Then on monday morning take a look if price is above rev .point then go long otherwise hold short position.
Dear Friend we have only one tool that is reversal point which we use as a stop loss, as to liquidate current position and to trade opposite. Simple just like that. Don't mind initial loss happens due to whips, it will be managed once trend is started in our favour.
DEAR CHIRAGJI
AT 3:15 WHICH CHART YOU WATCH & WHAT IS THE TIME FRAME? I AM ASKING THIS BECAUSE AT THAT TIME EOD IS NOT POSSIBLE.
REGARDS |
Dear Patil,
As i have said just review at 3.15 where the price is ? if it is in our favour then continue otherwise square up and see it next day morning to trade.
let me tell you everything step by step.
suppose nifty reversal point is 6000 stating buy and nifty is trading at 6030 and you are long.
By principle you are holding long with s lof 6030 so surely you will place s l of 6029 for sqaring up long and intiating short also at the same time.
we think that at the opening time our s l is not taken and now at 3.15 nifty decline and hit your s l so you are short now. around 3.30 it is still below 6030 then you carry short position. if after taking s l price goes above 6030 you may square up short and go long or wait for next day morning.
now on that day closing we will get new reversal point. So if we are in the continue trade we will place s l and see what happens up to 9.30
so this mechanism goes continuously in either trade.
so all and it is a game of reversal point trading using stop loss and we are always in trade.
hope it is clear.i fnot then pls visit forum and find out where rainbow sir has placed lonk of pune traders carnival videos in which Shiva sir's presention is also there. you can visit this thread from very first page to get knowledge.
Regards. |
Hi something...............is wrong here...
for more info look @ the ppt. (rename the extension of the file to .zip after download)
thanks
satish
| Description: |
|
Download |
| Filename: |
3x5_maco_system_572.doc |
| Filesize: |
856.54 KB |
| Downloaded: |
927 Time(s) |
|
|
| Back to top |
|
|
prst
White Belt
Joined: 24 Sep 2011
Posts: 87
|
| Post: #274 Posted: Thu Oct 16, 2014 1:58 pm Post subject: |
|
|
[quote="satishkadam"] | chiragbvyas wrote: | | hmpatil wrote: | | chiragbvyas wrote: | | chandrujimrc wrote: | Dear vyas,
Nifty in buy mode now.If it closes above 6756 we can hold our long,otherwise we have to reverse our position,am I correct? |
crossing the reversal point is enogh. no need to wait for closing.
Then
- At 3.15 p.m. please take a review of N F price, where it is tradeng ? Below or above 6756 ? if it is above rev. point then hold the long position. if it is below rev . point then liquidate long and go short.
Then on monday morning take a look if price is above rev .point then go long otherwise hold short position.
Dear Friend we have only one tool that is reversal point which we use as a stop loss, as to liquidate current position and to trade opposite. Simple just like that. Don't mind initial loss happens due to whips, it will be managed once trend is started in our favour.
DEAR CHIRAGJI
AT 3:15 WHICH CHART YOU WATCH & WHAT IS THE TIME FRAME? I AM ASKING THIS BECAUSE AT THAT TIME EOD IS NOT POSSIBLE.
REGARDS |
Dear Patil,
As i have said just review at 3.15 where the price is ? if it is in our favour then continue otherwise square up and see it next day morning to trade.
let me tell you everything step by step.
suppose nifty reversal point is 6000 stating buy and nifty is trading at 6030 and you are long.
By principle you are holding long with s lof 6030 so surely you will place s l of 6029 for sqaring up long and intiating short also at the same time.
we think that at the opening time our s l is not taken and now at 3.15 nifty decline and hit your s l so you are short now. around 3.30 it is still below 6030 then you carry short position. if after taking s l price goes above 6030 you may square up short and go long or wait for next day morning.
now on that day closing we will get new reversal point. So if we are in the continue trade we will place s l and see what happens up to 9.30
so this mechanism goes continuously in either trade.
so all and it is a game of reversal point trading using stop loss and we are always in trade.
hope it is clear.i fnot then pls visit forum and find out where rainbow sir has placed lonk of pune traders carnival videos in which Shiva sir's presention is also there. you can visit this thread from very first page to get knowledge.
Regards. |
Hi something...............is wrong here...
for more info look @ the ppt. (rename the extension of the file to .zip after download)
thanks
satish |
hi satish,
i did not understand your query ..
|
|
| Back to top |
|
|
prst
White Belt
Joined: 24 Sep 2011
Posts: 87
|
| Post: #275 Posted: Wed Apr 01, 2015 5:46 pm Post subject: |
|
|
| anybody following this method currently?
|
|
| Back to top |
|
|
satishkadam
Yellow Belt
Joined: 01 Apr 2010
Posts: 805
|
| Post: #276 Posted: Wed Apr 01, 2015 8:27 pm Post subject: |
|
|
[quote="prst"]anybody following this method currently?[/quote
Yes
|
|
| Back to top |
|
|
chiragbvyas
White Belt
Joined: 18 Feb 2010
Posts: 469
|
| Post: #277 Posted: Wed Apr 29, 2015 4:22 pm Post subject: |
|
|
[quote="satishkadam"] | prst wrote: | anybody following this method currently?[/quote
Yes |
Yeah ... todays reversal point was 18209 .. went long no whipsaw and will apply updated R.P. tomorrow morning @ 9.30
Regards ..
Last edited by chiragbvyas on Mon May 04, 2015 8:16 am; edited 1 time in total |
|
| Back to top |
|
|
shaheerzaman
White Belt
Joined: 05 Aug 2014
Posts: 93
|
| Post: #278 Posted: Wed Apr 29, 2015 5:17 pm Post subject: |
|
|
Chirag/Satish/Shiva,
Do you book partial profits at some predefined level like 500 points or 200 points? Or are you still following the original method of booking when reversal happens.
Also do you add to original position after 3 days according to shiva's rules?
Please clarify.
Thanks
Shaheer
[quote="chiragbvyas"] | satishkadam wrote: | | prst wrote: | anybody following this method currently?[/quote
Yes |
Yeah ... todays reversal point was 18029 .. went long no whipsaw and will apply updated R.P. tomorrow morning @ 9.30
Regards .. |
|
|
| Back to top |
|
|
chiragbvyas
White Belt
Joined: 18 Feb 2010
Posts: 469
|
| Post: #279 Posted: Mon May 04, 2015 8:17 am Post subject: |
|
|
[quote="shaheerzaman"]Chirag/Satish/Shiva,
Do you book partial profits at some predefined level like 500 points or 200 points? Or are you still following the original method of booking when reversal happens.
Also do you add to original position after 3 days according to shiva's rules?
Please clarify.
Thanks
Shaheer
| chiragbvyas wrote: | | satishkadam wrote: | | prst wrote: | anybody following this method currently?[/quote
Yes |
Yeah ... todays reversal point was 18029 .. went long no whipsaw and will apply updated R.P. tomorrow morning @ 9.30
Regards .. |
|
Yes ... everything as per method ...
|
|
| Back to top |
|
|
shaheerzaman
White Belt
Joined: 05 Aug 2014
Posts: 93
|
| Post: #280 Posted: Mon May 04, 2015 9:24 am Post subject: |
|
|
Chirag,
As per the original method, shiva would not book partial profits after 3 days(and 3ema touch). But later he added money management and partial profit booking at the trade carnival 2012.
So are you following the method he proposed at the trade carnival 2012 or the original method?
Thanks
Shaheer
[quote="chiragbvyas"] | shaheerzaman wrote: | Chirag/Satish/Shiva,
Do you book partial profits at some predefined level like 500 points or 200 points? Or are you still following the original method of booking when reversal happens.
Also do you add to original position after 3 days according to shiva's rules?
Please clarify.
Thanks
Shaheer
| chiragbvyas wrote: | | satishkadam wrote: | | prst wrote: | anybody following this method currently?[/quote
Yes |
Yeah ... todays reversal point was 18029 .. went long no whipsaw and will apply updated R.P. tomorrow morning @ 9.30
Regards .. |
|
Yes ... everything as per method ... |
|
|
| Back to top |
|
|
hmpatil
White Belt
Joined: 15 Jun 2011
Posts: 59
|
| Post: #281 Posted: Tue May 05, 2015 7:07 pm Post subject: |
|
|
?quote="shaheerzaman"]Chirag,
As per the original method, shiva would not book partial profits after 3 days(and 3ema touch). But later he added money management and partial profit booking at the trade carnival 2012.
So are you following the method he proposed at the trade carnival 2012 or the original method?
Thanks
Shaheer
| chiragbvyas wrote: | | shaheerzaman wrote: | Chirag/Satish/Shiva,
Do you book partial profits at some predefined level like 500 points or 200 points? Or are you still following the original method of booking when reversal happens.
Also do you add to original position after 3 days according to shiva's rules?
Please clarify.
Thanks
Shaheer
| chiragbvyas wrote: | | satishkadam wrote: | | prst wrote: | anybody following this method currently?[/quote
Yes |
Yeah ... todays reversal point was 18029 .. went long no whipsaw and will apply updated R.P. tomorrow morning @ 9.30
Regards .. |
|
Yes ... everything as per method ... |
|
|
|
| Back to top |
|
|
chiragbvyas
White Belt
Joined: 18 Feb 2010
Posts: 469
|
| Post: #282 Posted: Wed May 06, 2015 7:06 am Post subject: |
|
|
| hmpatil wrote: | ?quote="shaheerzaman"]Chirag,
As per the original method, shiva would not book partial profits after 3 days(and 3ema touch). But later he added money management and partial profit booking at the trade carnival 2012.
So are you following the method he proposed at the trade carnival 2012 or the original method?
Thanks
Shaheer
| chiragbvyas wrote: | | shaheerzaman wrote: | Chirag/Satish/Shiva,
Do you book partial profits at some predefined level like 500 points or 200 points? Or are you still following the original method of booking when reversal happens.
Also do you add to original position after 3 days according to shiva's rules?
Please clarify.
Thanks
Shaheer
| chiragbvyas wrote: | | satishkadam wrote: | | prst wrote: | anybody following this method currently?[/quote
Yes |
Yeah ... todays reversal point was 18029 .. went long no whipsaw and will apply updated R.P. tomorrow morning @ 9.30
Regards .. |
|
Yes ... everything as per method ... |
|
|
I am following what he shared here in this forum ... i do not book partial or do not add in existing position ... i reverse the trade at reversal point to point everytime it is taken even accept all whipsaw... that's all ... And still profitable everytime....
|
|
| Back to top |
|
|
shaheerzaman
White Belt
Joined: 05 Aug 2014
Posts: 93
|
| Post: #283 Posted: Wed May 06, 2015 11:39 am Post subject: |
|
|
Chirag,
Crossover values is 18207. Please confirm.
thanks
Shaheer
| chiragbvyas wrote: | | hmpatil wrote: | ?quote="shaheerzaman"]Chirag,
As per the original method, shiva would not book partial profits after 3 days(and 3ema touch). But later he added money management and partial profit booking at the trade carnival 2012.
So are you following the method he proposed at the trade carnival 2012 or the original method?
Thanks
Shaheer
| chiragbvyas wrote: | | shaheerzaman wrote: | Chirag/Satish/Shiva,
Do you book partial profits at some predefined level like 500 points or 200 points? Or are you still following the original method of booking when reversal happens.
Also do you add to original position after 3 days according to shiva's rules?
Please clarify.
Thanks
Shaheer
| chiragbvyas wrote: | | satishkadam wrote: | | prst wrote: | anybody following this method currently?[/quote
Yes |
Yeah ... todays reversal point was 18029 .. went long no whipsaw and will apply updated R.P. tomorrow morning @ 9.30
Regards .. |
|
Yes ... everything as per method ... |
|
|
I am following what he shared here in this forum ... i do not book partial or do not add in existing position ... i reverse the trade at reversal point to point everytime it is taken even accept all whipsaw... that's all ... And still profitable everytime.... |
|
|
| Back to top |
|
|
chiragbvyas
White Belt
Joined: 18 Feb 2010
Posts: 469
|
| Post: #284 Posted: Wed May 06, 2015 5:51 pm Post subject: |
|
|
| shaheerzaman wrote: | Chirag,
Crossover values is 18207. Please confirm.
thanks
Shaheer
| chiragbvyas wrote: | | hmpatil wrote: | ?quote="shaheerzaman"]Chirag,
As per the original method, shiva would not book partial profits after 3 days(and 3ema touch). But later he added money management and partial profit booking at the trade carnival 2012.
So are you following the method he proposed at the trade carnival 2012 or the original method?
Thanks
Shaheer
| chiragbvyas wrote: | | shaheerzaman wrote: | Chirag/Satish/Shiva,
Do you book partial profits at some predefined level like 500 points or 200 points? Or are you still following the original method of booking when reversal happens.
Also do you add to original position after 3 days according to shiva's rules?
Please clarify.
Thanks
Shaheer
| chiragbvyas wrote: | | satishkadam wrote: | | prst wrote: | anybody following this method currently?[/quote
Yes |
Yeah ... todays reversal point was 18029 .. went long no whipsaw and will apply updated R.P. tomorrow morning @ 9.30
Regards .. |
|
Yes ... everything as per method ... |
|
|
I am following what he shared here in this forum ... i do not book partial or do not add in existing position ... i reverse the trade at reversal point to point everytime it is taken even accept all whipsaw... that's all ... And still profitable everytime.... |
|
For today .. the rev. point was 18209.22 & for tomorrow it's 18413.67
|
|
| Back to top |
|
|
satishkadam
Yellow Belt
Joined: 01 Apr 2010
Posts: 805
|
| Post: #285 Posted: Wed May 06, 2015 7:46 pm Post subject: |
|
|
yes... its correct
| Description: |
|
| Filesize: |
95.82 KB |
| Viewed: |
591 Time(s) |
|
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
