View previous topic :: View next topic |
Author |
A FUSION TRADING STRATEGY |
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #46 Posted: Wed Nov 16, 2011 12:03 pm Post subject: |
|
|
Hi All
This is my first attempt of Fusion Strategy on LTF. It's a success.Can you beleive it?.I My self yet to.
Here we go.
Description: |
|
Filesize: |
187.75 KB |
Viewed: |
547 Time(s) |
|
|
|
Back to top |
|
|
|
|
Arjun20 Yellow Belt
Joined: 23 Jun 2011 Posts: 945
|
Post: #47 Posted: Wed Nov 16, 2011 12:18 pm Post subject: |
|
|
rk_a2003 wrote: | Hi All
This is my first attempt of Fusion Strategy on LTF. It's a success.Can you beleive it?.I My self yet to.
Here we go. |
Dear RK , image not clearly visible.
|
|
Back to top |
|
|
Vinodz White Belt
Joined: 13 Aug 2011 Posts: 78
|
Post: #48 Posted: Wed Nov 16, 2011 2:13 pm Post subject: repost: rcom |
|
|
rk ji, what is LTF
pls repost clear image of rcom
|
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #49 Posted: Wed Nov 16, 2011 2:44 pm Post subject: |
|
|
Vinod, LTF is Lower Time Frame.
Arjun, first you click on the image .you will get a small image again you click on it, it will be enlarged to clear image.
|
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #50 Posted: Wed Nov 16, 2011 7:30 pm Post subject: |
|
|
Hi! All
IOC, Andhra Bank, HDIL appears to be fit for Fusion Candidates on initial look.All are waiting for Green candle formation.I have not yet checked them thoroughly.
Please come up with your analysis.Is all of them fit for Fusion.If not Why?.You may also come up with your other findings. If any.
Last edited by rk_a2003 on Wed Nov 16, 2011 10:33 pm; edited 1 time in total |
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #51 Posted: Wed Nov 16, 2011 10:30 pm Post subject: |
|
|
To make sure that any strategy works well you need to follow these…..
Be willing to go long on fundamentally strong scrip’s.
Be hesitant to short fundamentally strong scrip’s.
Be willing to short fundamentally weak scrip’s.
Be hesitant to go long on fundamentally weak scrip’s.
It not necessarily means that never short fundamentally strong scrip’s…or...
…Never go long in fundamentally weak scrip’s.
Look for a possible rally in Index while taking long positions.
Look for a possible down side in Index While shorting.
These are no secrets everyone knew about it….Just refreshing.
|
|
Back to top |
|
|
ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
|
Post: #52 Posted: Wed Nov 16, 2011 11:13 pm Post subject: |
|
|
very wel said rkji,i went long in a weak scrip,hpcl n one that was sensitive to crude and govt policies so got butchered.we hv to be careful in selecting too.
|
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #53 Posted: Thu Nov 17, 2011 6:51 am Post subject: |
|
|
Don't worry!
Failures/Losses are good lessons. Listen them carefully.You are bound to get success.No one.......No one in this Market can avoid them.
Only point is how fast you are at cutting the losses at a reasonable level and how apt you are in riding the winners up to a reasonable level.
You are an I chartian you are bound to be successfull.
ragarwal wrote: | very wel said rkji,i went long in a weak scrip,hpcl n one that was sensitive to crude and govt policies so got butchered.we hv to be careful in selecting too. |
|
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #54 Posted: Thu Nov 17, 2011 9:00 am Post subject: |
|
|
“Don't be pushed by your problems. Be led by your dreams.” – Anonymous
|
|
Back to top |
|
|
ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
|
Post: #55 Posted: Thu Nov 17, 2011 9:56 am Post subject: |
|
|
thnx rk bhai fr keeping up the morale,and the much needed guidance
|
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
|
Back to top |
|
|
sumesh_sol Brown Belt
Joined: 06 Jun 2010 Posts: 2344
|
Post: #57 Posted: Thu Nov 17, 2011 9:38 pm Post subject: |
|
|
rk_a2003 wrote: | LT with a fusion formation on EOD.Reversal indicated by a doji ( good sign). Follow strict stop loss.
Thanks! Vinay.You are the very reason for this finding.All credit/ (Discredit) goes to you. |
In fact, I was watching it today on 60tf, and was waiting for a successful close above 13 ema where it was finding resistance. As it didn't allow one, so just left for tomorrow... I suggest to let it close abv 13 ema on 60tf for half entry and remaining half upon entering in channel and staying there for 2-3 more candles on 60tf, as basically it fits better on eod chart...
|
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #58 Posted: Thu Nov 17, 2011 9:40 pm Post subject: |
|
|
Sumesh I found a HNS in LT .Could you please check it.
sumesh_sol wrote: | rk_a2003 wrote: | LT with a fusion formation on EOD.Reversal indicated by a doji ( good sign). Follow strict stop loss.
Thanks! Vinay.You are the very reason for this finding.All credit/ (Discredit) goes to you. |
In fact, I was watching it today on 60tf, and was waiting for a successful close above 13 ema where it was finding resistance. As it didn't allow one, so just left for tomorrow... I suggest to let it close abv 13 ema on 60tf for half entry and remaining half upon entering in channel and staying there for 2-3 more candles on 60tf, as basically it fits better on eod chart... |
|
|
Back to top |
|
|
sumesh_sol Brown Belt
Joined: 06 Jun 2010 Posts: 2344
|
Post: #59 Posted: Thu Nov 17, 2011 9:48 pm Post subject: |
|
|
rk_a2003 wrote: | Sumesh I found a HNS in LT .Could you please check it.
sumesh_sol wrote: | rk_a2003 wrote: | LT with a fusion formation on EOD.Reversal indicated by a doji ( good sign). Follow strict stop loss.
Thanks! Vinay.You are the very reason for this finding.All credit/ (Discredit) goes to you. |
In fact, I was watching it today on 60tf, and was waiting for a successful close above 13 ema where it was finding resistance. As it didn't allow one, so just left for tomorrow... I suggest to let it close abv 13 ema on 60tf for half entry and remaining half upon entering in channel and staying there for 2-3 more candles on 60tf, as basically it fits better on eod chart... |
|
Yes rk, you got it right ! There was a H&S Breakdown on 22-23 Sep, and even today's break also meets more of Desc. Triangle criteria than ww, so chances are less of its upmove. !!
|
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
|
Back to top |
|
|
|