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A FUSION TRADING STRATEGY |
nsk1371 White Belt
Joined: 01 Sep 2009 Posts: 226
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Post: #121 Posted: Tue Dec 20, 2011 8:27 pm Post subject: sintex |
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atleast this.. even if this is no.. then i hav to start from first.. i think..
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #122 Posted: Tue Dec 20, 2011 8:28 pm Post subject: |
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Vinay
I am tracking only a few stocks. And you know that I am a PT trader. If a group of people are able to track good number of stocks in F&O we may find more frequent trades.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #123 Posted: Tue Dec 20, 2011 8:34 pm Post subject: |
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NSK
I am posting a redrawn chart for you . Still it is not qualified ...Reason point 4 is below 1 So it's not a good WW. You are almost near ...good work .....keep going.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #124 Posted: Wed Dec 21, 2011 4:41 pm Post subject: |
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rk_a2003 wrote: | In RCOM again Fusion set up is in the making. Is it?!
You know what to look for tomorrow. And in case Trade triggers SL is marked for you. |
Yes! Now it was confirmed…. All the guns lined up and fired in one direction in unison and took RCOM up for 10%. It stood as a top gainer in Nifty. Don’t think that it is a mere coincidence. It’s happening quite often.
But the problem lies here too. It’s making the entry difficult. Who is able to enter in RCOM on the reversal day itself (i.e today) when it continuously traded for a couple of hours above its opening price of 64.20 will be fortunate?.
Now it will be difficult to take entry tomorrow around 68 after a 10% jump with a stop loss of 60.75 that too in the given Market condition. So wait for the price to come down to a reasonable level at which you can afford the SL and take entry. If it is not coming down then it’s up to you. But, I guess there will be a chance.
For those who were able to take entry today… ALL THE BEST….. and not to forget TSL at least cost to cost. There will be plenty of opportunities in the Market. Don’t let your profits turn in to losses that too after going up 7 % from your entry price.
1st Target 70(Middle B.B) which may reach tomorrow itself. 2nd 74 (UTL) .Final is around 88.Keep on booking partial profits at each target.You won't broke taking profits.
Rcom Reached 1st Target of 70 .At Present it is the top gainer in the Nifty .Partial profits may be booked.
Last edited by rk_a2003 on Mon Dec 26, 2011 2:20 pm; edited 1 time in total |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #125 Posted: Wed Dec 21, 2011 8:12 pm Post subject: |
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This is the essence for a success in trading……… Often pronounced by our Expert ‘Veerappan’. Know your risk appetite. Then follow some decent Method/Strategy /Numbers.
I would like to add a little bit..... Make sure the method you choose is in synchronization with your Mind Set. Otherwise whatever great method it could be, you simply can’t extract any result from it.
If you are conservative choose conservative method, aggressive choose aggressive method...........so on..... not vice versa. To decide this..... First know yourself..... Most of us don’t know ourselves....... We were always in a myth that we knew everything about ourselves.
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #126 Posted: Wed Dec 21, 2011 8:23 pm Post subject: |
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rk_a2003 wrote: | This is the essence for a success in trading……… Often pronounced by our Expert ‘Veerappan’. Know your risk appetite. Then follow some decent Method/Strategy /Numbers.
I would like to add a little bit..... Make sure the method you choose is in synchronization with your Mind Set. Otherwise whatever great method it could be, you simply can’t extract any result from it.
If you are conservative choose conservative method, aggressive choose aggressive method...........so on..... not vice versa. To decide this..... First know yourself..... Most of us don’t know ourselves....... We were always in a myth that we knew everything about ourselves. |
what the hell !
I know myself.
I am so-and-so.....
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #127 Posted: Wed Dec 21, 2011 8:36 pm Post subject: |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #128 Posted: Wed Dec 21, 2011 8:43 pm Post subject: |
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vinst wrote: | rk_a2003 wrote: | This is the essence for a success in trading……… Often pronounced by our Expert ‘Veerappan’. Know your risk appetite. Then follow some decent Method/Strategy /Numbers.
I would like to add a little bit..... Make sure the method you choose is in synchronization with your Mind Set. Otherwise whatever great method it could be, you simply can’t extract any result from it.
If you are conservative choose conservative method, aggressive choose aggressive method...........so on..... not vice versa. To decide this..... First know yourself..... Most of us don’t know ourselves....... We were always in a myth that we knew everything about ourselves. |
what the hell !
I know myself.
I am so-and-so..... |
Then you are definitely not among the ‘most’ Vinst!
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #129 Posted: Mon Dec 26, 2011 2:23 pm Post subject: |
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[quote="rk_a2003"] rk_a2003 wrote: | In RCOM again Fusion set up is in the making. Is it?!
You know what to look for tomorrow. And in case Trade triggers SL is marked for you. |
Yes! Now it was confirmed…. All the guns lined up and fired in one direction in unison and took RCOM up for 10%. It stood as a top gainer in Nifty. Don’t think that it is a mere coincidence. It’s happening quite often.
But the problem lies here too. It’s making the entry difficult. Who is able to enter in RCOM on the reversal day itself (i.e today) when it continuously traded for a couple of hours above its opening price of 64.20 will be fortunate?.
Now it will be difficult to take entry tomorrow around 68 after a 10% jump with a stop loss of 60.75 that too in the given Market condition. So wait for the price to come down to a reasonable level at which you can afford the SL and take entry. If it is not coming down then it’s up to you. But, I guess there will be a chance.
For those who were able to take entry today… ALL THE BEST….. and not to forget TSL at least cost to cost. There will be plenty of opportunities in the Market. Don’t let your profits turn in to losses that too after going up 7 % from your entry price.
1st Target 70(Middle B.B) which may reach tomorrow itself. 2nd 74 (UTL) .Final is around 88.Keep on booking partial profits at each target.You won't broke taking profits.
Last edited by rk_a2003 on Mon Dec 26, 2011 6:42 pm; edited 1 time in total |
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amitkbaid1008 Yellow Belt
Joined: 04 Mar 2009 Posts: 540
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Post: #130 Posted: Mon Dec 26, 2011 6:24 pm Post subject: |
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[quote="rk_a2003"] rk_a2003 wrote: | rk_a2003 wrote: | In RCOM again Fusion set up is in the making. Is it?!
You know what to look for tomorrow. And in case Trade triggers SL is marked for you. |
Yes! Now it was confirmed…. All the guns lined up and fired in one direction in unison and took RCOM up for 10%. It stood as a top gainer in Nifty. Don’t think that it is a mere coincidence. It’s happening quite often.
But the problem lies here too. It’s making the entry difficult. Who is able to enter in RCOM on the reversal day itself (i.e today) when it continuously traded for a couple of hours above its opening price of 64.20 will be fortunate?.
Now it will be difficult to take entry tomorrow around 68 after a 10% jump with a stop loss of 60.75 that too in the given Market condition. So wait for the price to come down to a reasonable level at which you can afford the SL and take entry. If it is not coming down then it’s up to you. But, I guess there will be a chance.
For those who were able to take entry today… ALL THE BEST….. and not to forget TSL at least cost to cost. There will be plenty of opportunities in the Market. Don’t let your profits turn in to losses that too after going up 7 % from your entry price.
1st Target 70(Middle B.B) which may reach tomorrow itself. 2nd 74 (UTL) .Final is around 88.Keep on booking partial profits at each target.You won't broke taking profits.
Rcom Reached 1st Target of 70 .At Present it is the top gainer in the Nifty .Partial profits may be booked. |
rk_a2003
I find your write is quite confusing with date of post and dates/rates you are writing about.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #131 Posted: Mon Dec 26, 2011 6:49 pm Post subject: |
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When I pressed quote button somehow the earlier post did not come in a box as usual .That’s the reason for the confusion.
You may read last two lines as latest i.e. as todays post. Sorry! For the confusion caused.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #132 Posted: Tue Dec 27, 2011 8:12 pm Post subject: |
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Rcom closed at 72.90. Day high is 73.65, just missed our 2nd target 74.Nevermind now TSL to 71. Remember our entry was at 64.25 .By the way today also it was the top gainer in the NIFTY( 4.89% up ).
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #133 Posted: Tue Dec 27, 2011 9:35 pm Post subject: |
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rk_a2003 wrote: | Rcom closed at 72.90. Day high is 73.65, just missed our 2nd target 74.Nevermind now TSL to 71. Remember our entry was at 64.25 .By the way today also it was the top gainer in the NIFTY( 4.89% up ). |
Rcom did well, still hope for Bank Nifty and Nifty are still alive, at least they need to test 34 EMA before dec expiry.
Chetan.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #134 Posted: Thu Dec 29, 2011 10:32 am Post subject: |
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Rcom TSL 71 triggered.Now We are clean and clear....No Fusion trade position at present. .
Fusion Method has yet to hand over me a loss.Eagerly waiting for that to happen...
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #135 Posted: Thu Dec 29, 2011 11:01 am Post subject: |
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Did anyone experience loss of data in charts from 10.25 to 10.45?
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