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A FUSION TRADING STRATEGY |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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Post: #796  Posted: Mon Dec 16, 2013 3:32 pm Post subject: |
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| Bhartiartl Stop loss triggered.
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #797 Posted: Mon Dec 16, 2013 3:55 pm Post subject: |
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| rk_a2003 wrote: | | Bhartiartl Stop loss triggered. |
Exited Bharti
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Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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| Post: #798 Posted: Tue Dec 17, 2013 11:51 am Post subject: |
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ohhhh
Great move in bharti --315 to 330 ---
but sl hit yesterday
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #799 Posted: Tue Dec 17, 2013 11:58 am Post subject: |
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| Rahulsharmaat wrote: | ohhhh
Great move in bharti --315 to 330 ---
but sl hit yesterday |
Happens Rahul. Part and parcel
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #800 Posted: Tue Dec 17, 2013 1:01 pm Post subject: |
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| wont buy reentry trigger now??
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #801 Posted: Tue Dec 17, 2013 2:09 pm Post subject: |
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| amitagg wrote: | | wont buy reentry trigger now?? |
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Amit,
Had taken a 320 Call yesterday after exiting my futures yesterday with a gut feel that this will move up atleast by expiry.So, am with it now.
Vishy
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #802 Posted: Tue Dec 17, 2013 3:47 pm Post subject: |
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HI Rk,
Posting the chart of IGL for a fusion. COG awaited. Your take on this and particularly the Volume part.
Vishy
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #803 Posted: Tue Dec 17, 2013 6:47 pm Post subject: |
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| vishyvaranasi wrote: | | amitagg wrote: | | wont buy reentry trigger now?? |
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Amit,
Had taken a 320 Call yesterday after exiting my futures yesterday with a gut feel that this will move up atleast by expiry.So, am with it now.
Vishy |
good strategy ....thanks a lot
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #804 Posted: Tue Dec 17, 2013 7:38 pm Post subject: |
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| vishyvaranasi wrote: | HI Rk,
Posting the chart of IGL for a fusion. COG awaited. Your take on this and particularly the Volume part.
Vishy |
You identified the problem. Volume is the problem. Actually while formulating Fusion I thought that relative increase in the volume is sufficient. As per that formulation this is ok but It happened in the case of Bharti also (whose volumes at point 5 is not very good but relatively high). Now we need to put a tab on it.As of now from our experience the conclusion is.... better the volumes better the success rate.
Even in case of bharti... though it failed to reach the target at least it travelled above UTL. So may be with reduced targets we may trade them.
What you people think?. Please share your observations and thoughts.
If on COG candle there is a huge volume...it's fine.
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sureenderkalra
White Belt
Joined: 11 Dec 2012
Posts: 174
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| Post: #805 Posted: Tue Dec 17, 2013 8:20 pm Post subject: |
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Hi rk_a2003 and vishyvaranasi
Could you please share your view on GODREJIND whether it might be consider under this strategy or not.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #806 Posted: Tue Dec 17, 2013 8:32 pm Post subject: |
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| sureenderkalra wrote: | Hi rk_a2003 and vishyvaranasi
Could you please share your view on GODREJIND whether it might be consider under this strategy or not. |
Hi Sureender,
It's not a Fusion. There are multiple +ww's giving immediate target above 300 around first week of Jan. Once Market direction is clear after couple of days. You may take a position accordingly.
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #807 Posted: Wed Dec 18, 2013 9:12 am Post subject: |
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Hi RK.
Agree with ur views abt Vol. Infact in some of ur earlier posts had found Vol to be not upto the mark as i would have liked to. But, yes if the COG is accompanied by a Good Vol we shld take the trade.This point shld definitely be considered in our future trades.
Vishy
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #808 Posted: Wed Dec 18, 2013 3:29 pm Post subject: |
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IGL Bot at 262
Vishy
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #809 Posted: Wed Dec 18, 2013 4:03 pm Post subject: |
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| vishyvaranasi wrote: | IGL Bot at 262
Vishy |
It seems there are good volumes too. You bought it at the end. You could have waited for tomorrow for FED decision. 
I am expecting some sort of tapering announcement. Actually I wanted to put up a detailed post in Market master mind and could not get time to do that.
To put it in brief Fed is threatened by Chinese Renminbi which is gaining international acceptance slowly but steadily. Chinese are having huge $ reserves and at an opportune time they are capable of hitting it to dethrone and establish Renminbi as a world reserve currency.
Because of this apparent threat, I think US may not be able to continue printing $ and weakening it's position further. They should start at least some sort of tapering.
This is just my analysis. In broader terms it might be fine but could falter in timing.
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #810 Posted: Fri Dec 20, 2013 11:34 am Post subject: |
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Hi RK,
Yes, as u said thought of waiting for the FED but seeing the Vol on that day and as i will not be available for yesterday online had taken a trade on wednesday itself .Taken position in Future .
Vishy
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