iCharts Discussions

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

Dear Friends,

Here I am starting a new topic in which I will be posting certain calls which are based on some calculations.

Lets see how it works.

I will be mainly posting swing calls for nifty along with trend decider numbers for internediate and primary trend.

I can give you numbers on any stock, commodity etc. in the same manner on demand.

This system will give you trailing stoplosses at regular time intervals, Which can be used as stop and reversal.

I CAN NOT EXPLAIN THE CALCULATION AS IT IS NOT EASY TO EXPLAIN IT ON A THREAD.. IT REQUIRES FACE TO FACE CONVERSATION, TEACHING OF HOURS TO MASTER IT.

I DONT USE TECHNICAL ANALYSIS AND CHARTING AS TA AFFECTS YOUR EMOTIONS A LOT AND KEEPS YOU AWAY FROM DISCIPLINE (PERSONAL OPINION). WHILE USING THIS SYSTEM YOU MAY GET SOME LOSSES AS COST IS A PART OF ANY BUSINESS.

Disclaimer:-
First paper trade for some time to analyse the system and its performance.
Money is yours trade on your own risk.

For 31st Jan 2011

If after 10 min of market opening nifty is trading below 5480 short with SAR 5530

System has given long signal on 28th around 5485.

Hence if you get nifty above that in the morning you can go long with 5480 as SAR.

Trailing SAR levels will be provided intraday.

Minor Trend - UP - 2/3 Days to 2/3 Weeks Trend decider number 5480

Intermediate Trend - DOWN - 3 Weeks to 3 Months Trend decider number 5700.

Primary Trend - UP - 3 Months to Years Trend decider number 5100.

Happy Trading

BluffMaster nar

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

SAR for short is 5461 cash nifty

rainbow · White Belt Joined: 25 Feb 2010 Posts: 202

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

5417 cash. Once market goes above 5471 revise stop loss to 5428 cash.

rainbow · White Belt Joined: 25 Feb 2010 Posts: 202

thanks, bluff master Smile

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

trailing SAR is now 5439 cash. We are slowly reducing our risk. Its risk based trading system... one should be good risk manager to become a successful trader.

Happy trading

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

Trailing SAR 5450

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

Trailing SAR now at break even 5461

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

5461 triggered exited at break even now short with SAR 5493.

Ravi_S · Yellow Belt Joined: 15 Jun 2009 Posts: 569

Hi BM,

Are these SPOT or FUTURE rates?

Regards
Rav

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

all levels are spot levels now SAR for long is 5471.

23 points loss booked on short call... At 5493.

amitkbaid1008 · Yellow Belt Joined: 04 Mar 2009 Posts: 540

Bluff Master

Better if you had given complete details of all your calls.

What I observed for today is you have taken 3 trades in which 2 trades are in loss and one exited at Break Even

Let's watch how you strategy performs in coming days.

Better if you had given basis or rationale behind your strategy/levels and SAR levels.

BluffMaster · White Belt Joined: 22 Jan 2011 Posts: 10

Looking at higher opening trailing SAR is now 5482. If nifty goes above 5538 revise SAR to cost.

amit0666 · White Belt Joined: 23 Jun 2010 Posts: 86

Bluff Master

Better if you had given complete details of all your calls.

Ravi_S · Yellow Belt Joined: 15 Jun 2009 Posts: 569

One more sl hit. As both Amit's pointed out it would be better if you explain the rationale behind the calls. With this kind of volatility I'm sure more SL's would be hit.

Regards
Ravi