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A FUSION TRADING STRATEGY |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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Post: #136  Posted: Fri Dec 30, 2011 7:25 pm Post subject: |
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Hi All
GSPL Fusion set up is in the making .Keep an eye.You know what is required for triggering a trade.
Attaching the Chart with possible SL marked in case a trade triggers.
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chetan83
Brown Belt
Joined: 19 Feb 2010
Posts: 2036
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| Post: #137 Posted: Fri Dec 30, 2011 11:37 pm Post subject: |
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| rk_a2003 wrote: | Hi All
GSPL Fusion set up is in the making .Keep an eye.You know what is required for triggering a trade.
Attaching the Chart with possible SL marked in case a trade triggers. |
Hi RK,
Wish u a happy new year..
As for GSPL, do u feel that the UTL and LTL are not parallel or converging (a main criteria)...but still we need to check the same on monday as well if it qualifies....All the best..
Chetan.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #138 Posted: Sat Dec 31, 2011 8:53 am Post subject: |
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| chetan83 wrote: | | rk_a2003 wrote: | Hi All
GSPL Fusion set up is in the making .Keep an eye.You know what is required for triggering a trade.
Attaching the Chart with possible SL marked in case a trade triggers. |
Hi RK,
Wish u a happy new year..
As for GSPL, do u feel that the UTL and LTL are not parallel or converging (a main criteria)...but still we need to check the same on monday as well if it qualifies....All the best..
Chetan. |
For me no probs with that Chetan!.Some people don't like that.I found it fine and trading such pattern  . In such cases chart will not tell you ETA You have to guess it......The rest is up to you.
I Wish You A Happy New Year Too.
HAPPY NEW YEAR ! I CHARTIANS !
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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chetan83
Brown Belt
Joined: 19 Feb 2010
Posts: 2036
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| Post: #140 Posted: Mon Jan 02, 2012 9:28 pm Post subject: |
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| rk_a2003 wrote: | GSPL not given entry signal. Will DLF offer us an entry?!
Patience is the name of the game. |
Hi Rk,
I cant say abt DLF but have you seen the lower TF of Reliance IND...i guess the current upmove has given a formation for -WW...need to keep a watch in it...just hoping to see RIL making new low 660.
Chetan.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #141 Posted: Mon Jan 02, 2012 9:32 pm Post subject: |
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Chetan
I already checked reliance on EOD no...it's a +ww.LTF...-ww yet to check.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #142 Posted: Mon Jan 02, 2012 10:00 pm Post subject: |
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Sorry! Chetan
I could not find a -ww in LTF could you please post that chart.
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sonshu101
White Belt
Joined: 24 Nov 2011
Posts: 79
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| Post: #143 Posted: Mon Jan 02, 2012 11:39 pm Post subject: |
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Hi RK,
I think DLF is very close to next trade. tomorrow would be crucial for same.
Thanks
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sonshu101
White Belt
Joined: 24 Nov 2011
Posts: 79
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| Post: #144 Posted: Tue Jan 03, 2012 10:08 am Post subject: |
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| DLF Activated if closes above 184-185 right ?
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ESNMURTY
White Belt
Joined: 31 Oct 2009
Posts: 380
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| Post: #145 Posted: Tue Jan 03, 2012 11:12 am Post subject: |
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| kindly advise if Gujarat gas can be bought @360 now
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #146 Posted: Tue Jan 03, 2012 3:19 pm Post subject: |
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Those who took entry in DLF when it traded for a reasonable amount of time around 183.60 ...well above opening price of 182.55 are sitting on a pretty good profit.
At the moment it is the top gainer in the nifty(7 % up).Did we invented some formula which can pick up a nifty top gainer occasionally in advance in case market move up or vice versa.  .....let us test for some more time before coming to a conclusion.It happened with SAIL ...It happened couple of times with RCOM.... again now ....It happened with DLF......  
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sonshu101
White Belt
Joined: 24 Nov 2011
Posts: 79
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| Post: #147 Posted: Tue Jan 03, 2012 8:30 pm Post subject: |
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Hi RK,
I entered bit late though. Bought 200 CA on closing basis lets see how DLF does in morning
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #148 Posted: Tue Jan 03, 2012 9:12 pm Post subject: |
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| sonshu101 wrote: | Hi RK,
I entered bit late though. Bought 200 CA on closing basis lets see how DLF does in morning |
Hi sonshu
I never traded calls/puts based on this startegy.Still as per the Chart your move appears to be a good one..... As ETA is near and considering today's huge move hope your call yield you good profit.
But a late entry won't give you comfortable space.Some one who went long at 183.60 can set a reasonable TSL and then relax and watch the fun.Late entrants may not have that privilage.
However I wish you all the best in your trade.
Last edited by rk_a2003 on Tue Jan 03, 2012 9:16 pm; edited 1 time in total |
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sonshu101
White Belt
Joined: 24 Nov 2011
Posts: 79
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| Post: #149 Posted: Tue Jan 03, 2012 9:15 pm Post subject: |
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| Yes RK. This is my first trade to this strategy. I bought CA as futures require lot of margin. Lets see how it goes
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sonshu101
White Belt
Joined: 24 Nov 2011
Posts: 79
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| Post: #150 Posted: Tue Jan 03, 2012 9:18 pm Post subject: |
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| Thanks RK
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