| View previous topic :: View next topic |
| Author |
A FUSION TRADING STRATEGY |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
Post: #31  Posted: Mon Nov 14, 2011 10:50 pm Post subject: Re: andhra bank |
 |
|
Vinod
We need a green candle after the consecutive bearish candles formation (along with the other conditions fullfilled) for taking an entry .Todays candle was a long black candle.... No chance for the trade to trigger
Vinod please go through the strategy till you are familiar with the rules.
| Vinodz wrote: | >> Andhra bank Trade not triggered It slid further and closed near days low at 108.80.let us wait and watch.
rj ji, pls explain why andhra bank trade was not triggered on 14 nov
what time frame and what type of candle or any other point
which you use for confirming the trade
thanks |
|
|
| Back to top |
|
 |
|
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #32 Posted: Tue Nov 15, 2011 9:55 am Post subject: |
|
|
ALERT
Andhra Bank formed a bottoming tail right now. If it closes above opening price Long position can be taken as per FUSION STRATEGY. Don't forget to watch volumes. Yesterday Volume was 543000, 10 day Average volume was 996000.
Stop loss should be 105.75.
Last edited by rk_a2003 on Tue Nov 15, 2011 10:03 am; edited 1 time in total |
|
| Back to top |
|
|
ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
|
| Post: #33 Posted: Tue Nov 15, 2011 9:58 am Post subject: |
|
|
dear rk,can u plz tell me if any longs cn b initiated in hpcl,
thnx
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #34 Posted: Tue Nov 15, 2011 10:16 am Post subject: |
|
|
Hi! Rashmi
It appears a +ww was already there and it met most other conditions of Fusion Strategy.
You have to wait for a bottoming tail , change of guard and good volume for taking an entry.
| ragarwal wrote: | dear rk,can u plz tell me if any longs cn b initiated in hpcl,
thnx |
|
|
| Back to top |
|
|
ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
|
| Post: #35 Posted: Tue Nov 15, 2011 10:25 am Post subject: |
|
|
| thnx rk fr d guidance
|
|
| Back to top |
|
|
ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
|
| Post: #36 Posted: Tue Nov 15, 2011 11:24 am Post subject: |
|
|
| dear rk,guess all 3 bpcl,hpcl n ioc r looking gud fr entry,cn u plz tel me about the volume part as im doing futures
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #37 Posted: Tue Nov 15, 2011 7:17 pm Post subject: |
|
|
Rashmi
Sorry for the delayed reply.I was not there. Please have a look at Hindpetro EOD Chart. Morning I just eyeballed it and thought it was ok.Now drew trendlines and found it was not a WW.Therefore no question of meeting FUSION criteria.
I have not yet checked other ones.
Are OMC's your favorites?. I think they are very good bets for long term Investements. Especially IOC may reach around 1000 in 5 years.
| ragarwal wrote: | | dear rk,guess all 3 bpcl,hpcl n ioc r looking gud fr entry,cn u plz tel me about the volume part as im doing futures |
| Description: |
|
| Filesize: |
50.69 KB |
| Viewed: |
530 Time(s) |
|
|
|
| Back to top |
|
|
ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
|
| Post: #38 Posted: Tue Nov 15, 2011 7:32 pm Post subject: |
|
|
| thnx rk,no oil psus r not my favourites,but actually im in a stuck buy position at 309,thts why wanted to know.now wil d price cut from tomorrow dunno wats goin to happen.
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #39 Posted: Tue Nov 15, 2011 10:35 pm Post subject: |
|
|
Unitech EPA reached well before ETA .Asian paints short going well.Fusion Strategy performing well. 
Now with in few days Bullish Fusion trades may come up .Let us see how they fare.
|
|
| Back to top |
|
|
sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
|
| Post: #40 Posted: Tue Nov 15, 2011 10:50 pm Post subject: |
|
|
| Rk, can u suggest a good intraday trading strategy for nifty future which may b as good as ur fusion strategy.
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #41 Posted: Tue Nov 15, 2011 11:03 pm Post subject: |
|
|
Sonila
I think you got a SAR Method for Intraday.Is it not faring well?.What's your review / experience with it.
You may try the same Fusion Strategy on Nifty Futures Intraday chart too.I strongly believe that it should work well for all TF's.Though I have not yet tried it on other TF's except EOD.
| sonila wrote: | | Rk, can u suggest a good intraday trading strategy for nifty future which may b as good as ur fusion strategy. |
|
|
| Back to top |
|
|
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
| Post: #42 Posted: Tue Nov 15, 2011 11:16 pm Post subject: |
|
|
hi rk
can u analyse ranbaxy as per ur fusion strategy.it appears to be pretty much oversold nd there seems to bullish ww formation on daily charts. sorry for nt being able to post the chart.
regs
ridinghood
|
|
| Back to top |
|
|
sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
|
| Post: #43 Posted: Tue Nov 15, 2011 11:19 pm Post subject: |
|
|
| Rk, psar with 20ema is giving good results. But sometimes giving whipsaws like today. Regarding ur fusion strategy, it is i can say a deadly combination having 4 filters like ww, bb, cci and conformation candle, but the problem is in intraday with 5 min tf , it is very difficult to spot a valid ww and then to apply other filters.
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #44 Posted: Wed Nov 16, 2011 6:39 am Post subject: |
|
|
Hi!
There is no +WW formation on EOD Chart of Ranbaxy.
| ridinghood wrote: | hi rk
can u analyse ranbaxy as per ur fusion strategy.it appears to be pretty much oversold nd there seems to bullish ww formation on daily charts. sorry for nt being able to post the chart.
regs
ridinghood |
|
|
| Back to top |
|
|
ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
|
| Post: #45 Posted: Wed Nov 16, 2011 9:03 am Post subject: |
|
|
thnx rk
regs
ridinghood
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
